Fed Chairman Jerome Powell and Treasury Secretary Steven Mnuchin bump elbows at the conclusion of their testimony before Congress on June 30, 2020. The Fed and Treasury are engaging in a rare clash over the fate of key pandemic lending programs.

Federal Reserve Board Chairman Jerome Powell, left, and Treasury Secretary Stephen Mnuchin, bump elbows at the conclusion of a House Committee on Financial Services hearing on oversight of the Treasury Department and Federal Reserve pandemic response, Tuesday, June 30, 2020 on Capitol Hill in Washington. (Tasos Katopodis/Pool via AP)