Economics
Mnuchin Says ‘Strong Likelihood’ for More Virus Spending
- But Treasury secretary reiterates Trump position to wait
- Republican lawmakers beginning to agitate for more aid
Steven Mnuchin
Photographer: Kevin Dietsch/UPI/Bloomberg
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Treasury Secretary Steven Mnuchin said Congress will very likely need to pass more stimulus legislation for the U.S. economy, as the nation struggles to recover from the coronavirus outbreak.
“I think there is a strong likelihood we will need another bill,” he said Thursday at an online event hosted by The Hill newspaper -- but he also reiterated the Trump administration’s position that more stimulus isn’t needed immediately.