The White House offered a new COVID-19 relief package worth $916 billion to House Speaker Nancy Pelosi, Treasury Secretary Steven Mnuchin said on Tuesday.
Top Republican and Democratic stimulus negotiators are speeding up to come up with an agreement that could deliver another relief package before the year ends. The amount offered has already received support from both parties.
Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi have finally agreed on another stimulus package and might draft the bill anytime before the election.
Pres. Donald Trump wants to sign into law another stimulus package but he expressed his doubts as Democratic House Speaker Nancy Pelosi extends the talks.
Larry Kudlow, President Donald Trump's top economic adviser, said Friday he is confident that another stimulus package could be reached before the election.
Treasury Secretary Steven Mnuchin told Democratic House Speaker Nancy Pelosi that President Donald Trump is willing to go beyond $1.8 trillion to reach a stimulus deal.
Treasury Secretary Steven Mnuchin said he has spoken with House Speaker Nancy Pelosi for more than 15 times to revive talks on the "CARES Act" or a new stimulus package that has been in a stalemate for nearly two months.
Treasury Secretary Steven Mnuchin confirmed that President Donald Trump remained committed to send a second round of stimulus checks before the election.
