Treasury Secretary Steven Mnuchin says several Federal Reserve emergency lending facilities won’t be extended beyond the end of the year
Facilities were established at the beginning of the COVID-19 pandemic to calm markets, but Mnuchin and others say they have been little used and served their purpose
In rare public disagreement, Federal Reserve disagrees with the decision and points to ongoing economic uncertainty as a sign the facilities might still be needed
Floating wind turbines can be anchored in deeper water than turbines set in seabed foundations, and can benefit from stronger and more consistent winds
Original designs were too small to be economically viable, but larger turbines have started to make their debut
Floating turbines open up more markets to offshore wind and can ease some concerns about these installations
After the expiration of several COVID-19 relief programs in mid-summer, several other initiatives are also set to end on Dec. 31 unless replaced or extended
A suite of Federal Reserve programs will also expire at the end of the year but could potentially be extended
New economic stimulus remains mired in partisan disagreement in Congress
