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June 30, 2020, 2:48 p.m. EDT

Mnuchin, Powell testify before House panel on coronavirus aid: live blog

Treasury secretary and Federal Reserve chairman appear Tuesday before House Financial Services committee

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By Victor Reklaitis and Greg Robb, MarketWatch

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Treasury Secretary Steven Mnuchin and Fed chief Jerome Powell testify on Tuesday before a House panel.

Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell on Tuesday are testifying before the Democratic-run House Financial Services Committee, giving their latest assessment of the federal government’s response to the coronavirus crisis.

The hearing, which began around 12:45 p.m. Eastern Time, is a hybrid event, with lawmakers taking part remotely and in person. Follow along with MarketWatch’s live updates below.

The main U.S. stock gauges /zigman2/quotes/210599714/realtime SPX +0.06%   /zigman2/quotes/210598065/realtime DJIA +0.17%   /zigman2/quotes/210598365/realtime COMP -0.87% were recently trading mostly higher.

+2.12 +0.06%
Volume: 2.28B
Aug. 7, 2020 5:10p
US : Dow Jones Global
+46.50 +0.17%
Volume: 324.93M
Aug. 7, 2020 5:10p
US : U.S.: Nasdaq
-97.09 -0.87%
Volume: 3.85M
Aug. 7, 2020 5:16p

Victor Reklaitis is MarketWatch's Money & Politics reporter and is based in Washington, D.C. Follow him on Twitter @VicRek. Greg Robb is a senior reporter for MarketWatch in Washington. Follow him on Twitter @grobb2000.

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