Here’s what you need to know: Treasury Secretary Steven T. Mnuchin and Fed Chair Jerome H. Powell bumped elbows before a Senate Banking Committee hearing on Tuesday.Credit…Al Drago for The New York TimesThe chair of the Federal Reserve and the secretary of the Treasury painted starkly different visions of the challenges facing the United States economy in the months ahead on Tuesday, further exposing a rift that began to show last month.While Jerome H. Powell, the Fed Chair, pointed to ongoing uncertainty over vaccine speed and distribution, the economic dangers of a surge in virus cases …
