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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 +1.49%   /zigman2/quotes/210598065/realtime DJIA +1.06%   /zigman2/quotes/210598365/realtime COMP +2.32% were recently trading mostly higher.

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/zigman2/quotes/210599714/realtime
US : S&P US
4,173.85
+61.35 +1.49%
Volume: 1.91B
May 14, 2021 5:02p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,382.13
+360.68 +1.06%
Volume: 307.38M
May 14, 2021 5:02p
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/zigman2/quotes/210598365/realtime
US : Nasdaq
13,429.98
+304.99 +2.32%
Volume: 3.61M
May 14, 2021 5:16p
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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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