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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

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 (S&P:SPX)   (DOW:DJIA)   (AMERICAN:COMP) were recently trading mostly higher.

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