Mnuchin, Pelosi Try to Forge Stimulus Deal With Time Running Out

  • House delays vote as more negotiations set for Thursday
  • Congress readies for break that will last until after election
WATCH: Treasury Secretary Steven Mnuchin says he and House Speaker Nancy Pelosi are getting closer to a deal.(Source: Bloomberg)
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U.S. Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi plan to resume discussions Thursday on a new pandemic relief package, racing against the clock to resolve their differences on another round of coronavirus stimulus.

Mnuchin and Pelosi held their first in-person talks since August on Wednesday, yet fell short of reaching an agreement that would bridge the gaps between the administration and Democrats on further aid for the U.S. economy. Both sides face increased pressure to act as more companies announce job cuts, including airlines that had received help under earlier rounds of federal support.