Mnuchin Announces When Americans Will Get Second Stimulus Payment
Stimulus Checks: Mnuchin Announces When Americans Will Get Second Payment
Alex Woodward Mon, December 21, 2020
Millions of Americans could receive $600 in direct payments before the end of 2020 following the passage of a $900bn relief package eight months into the coronavirus crisis and its economic fallout.
Hours before a midnight deadline averting a government shutdown, after several frustrating weeks of debate, leaders in Congress agreed to legislation that includes $600 in direct payments for most Americans, along with $300 in weekly federal unemployment aid, an extension of a moratorium on evictions and $25bn in rental assistance, $284bn for businesses, and $20bn for local Covid-19 vaccine distribution, among other provisions.
Members of Congress had agreed to some form of direct payments to Americans following one-time payment from April that put $1,200 into millions of Americans’ bank accounts. But Republicans rejected efforts to do the same, eight months later, despite a worsening pandemic and more than 20 million people out of work.
Following an 11th-hour agreement on the scope of the relief package on Sunday night ahead of a potential government shutdown, the text of the legislation has not been released.
Treasury Secretary Steve Mnuchin told CNBC on Monday that Americans could expect to begin receiving payments before the start of 2021.
He said payments could be sent out as early as next week.
Individuals, including children, will receive $600 in the form of a direct payment from the US government into bank accounts. A family of four could receive $2,400 total.
Those payments would apply only to people who earned $75,000 or less based on earnings from the 2019 tax year, not in 2020. People who earned $99,000 or more that year would not be eligible for payments.
Unemployment insurance payments will extend up to 11 weeks of “enhanced” federal relief, beginning as soon as 27 December, according to lawmakers.
More follows…
https://news.yahoo.com/stimulus-checks-mnuchin-announces-americans-154709169.html
Between Advantages And Repercussions... An Expert Reveals To "Baghdad Today" The Details Of Removing Zeros From The Dinar
Baghdad Today – Baghdad Professor of International Economics, Nawar Al-Saadi, revealed today (Tuesday, August 25 , 2026) the importance and repercussions of "removing zeros" from the Iraqi currency.
Al-Saadi told Baghdad Today that “the principle of removing zeros, if implemented in a scientific and well-thought-out manner, can contribute to simplifying monetary and accounting transactions, facilitating payment processes and digital transformation, and reducing the volume of banknotes in circulation, in addition to the possibility of using the process as part of a broader reform to bring cash funds outside the banking system back into the official financial cycle.”
TNT:
Tishwash: The Central Bank of Iraq reveals the amount of local currency in circulation.
Data from the Central Bank of Iraq’s economic indicators revealed on Tuesday that the total currency issued by the bank in the markets rose to 111.189 trillion dinars by the end of June 2026, compared to 99.799 trillion dinars at the end of 2025, an increase of about 11.4 trillion dinars.
According to data seen by Shafaq News Agency, net currency outside banks reached 101.966 trillion dinars at the end of last June, compared to 92.560 trillion dinars at the end of 2025, an increase of about 9.4 trillion dinars.
Exclusive To Kurdistan 24: US Pressure On Baghdad To Expedite The Removal Of Zeros From The Dinar To Curb Money Laundering
Erbil (Kurdistan24) - Informed sources told Kurdistan24 today that the United States is exerting increasing pressure on the Iraqi government to expedite the implementation of the "removal of zeros from the Iraqi dinar" project, with the aim of crippling the movement of funds smuggled abroad and recovering cash liquidity hoarded through illegal means.
Congress Built This Mess. They’ve Made Sure They Don’t Live In It.
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Iraq Finance Committee Recommends Postponing Dinar Redenomination Vote
Daban Mohammed At a Glance
The Iraqi Finance Committee officially advises delaying the vote on removing zeros from the dinar.
Replacing banknotes without deleting zeros remains under the independent authority of the Central Bank.
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TNT:
Tishwash: The parliamentary legal committee submits 40 draft laws to the parliament's presidency.
The parliamentary legal committee confirmed on Monday that it had submitted about 40 draft laws to the Speaker of Parliament, while clarifying the constitutional and procedural differences between draft laws and proposals.
Committee member Thaer Al-Kaabi told the official agency, as reported by 964 Network , that “the committee has completed submitting approximately 40 draft laws to the Council Presidency to proceed with their legislation,” indicating that a number of them have been read, most notably the Lawyers Law and the Notaries Public Law, as well as the reading of the Minors Care Law, which are qualitative and important legislations targeting a wide segment of the Iraqi people.”
Basra Oil Service Firms Threaten To Halt Work Over Currency Losses
2026-08-24 Shafaq News- Basra Private companies working in Basra's oil sector threatened on Monday to suspend operations and lay off more workers, protesting that payments on their dollar-denominated contracts are being settled in Iraqi dinars at the official exchange rate.
The Whole World Is Stockpiling Like It's 1939
Notes From the Field ByJames Hickman (Simon Black / Sovereign Man August 24, 2026
On June 7, 1939, US President Franklin Roosevelt signed a new law authorizing $100 million (a lot of money back then) to buy rubber, tin, tungsten, etc., and put it all in storage.
The United States was still at peace at the time. World War II had not yet broken out, and global trade was still relatively seamless.
Oil Drops Ahead Of Tougher US Iran Sanctions
2026-08-24 Shafaq News Oil prices slipped more than $1 a barrel on Monday as investors took profits ahead of an expected announcement from Washington about imposing more sanctions on Iran that may further disrupt supplies from the Middle East.
Brent crude futures fell $1.23, or 1.3%, to $93.16 by 0329 GMT, while U.S. West Texas Intermediate crude was at $85.7 a barrel, down $1.36, or 1.6%.
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