Yellen, a former Fed chair, has advocated for more spending to aid small businesses and the unemployed during COVID-19.
Yellen, who is widely admired in the financial world, would be the first woman to lead the Treasury Department.
Companies hurt by the pandemic could end up paying investors a full percentage point more in interest to buy their bonds.
Economist Karen Petrou says the Fed programs have fallen short, but that the Fed needs some facilities in the face of inaction from Congress.
Mnuchin said that he is requesting that the Fed return to Treasury the unused funds appropriated by Congress for operation of the programs.
It only calls for modest tweaks to the private long-term care insurance market.
A new study by the Brookings Institution found racial disparities in whose checks were delayed.
It's clear the loans went to some enterprises that are once again prompting questions about who really needed the government aid.
About 20 million Americans are still waiting.
If you got a tax refund or paid the IRS by paper check last year, you'll need to get your bank details in to the agency.