Politics

Trump, Pelosi Spar Over Stimulus as Aide Questions Deal Need

  • Kudlow: U.S. recovery doesn’t depend on more government aid
  • Mnuchin, Pelosi expected to keep talking with outcome unclear
Watch: President Donald Trump and House Speaker Nancy Pelosi continue their war of words over a new stimulus package. (Source: Bloomberg)
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President Donald Trump and House Speaker Nancy Pelosi blamed each other for a lack of progress on a new plan to support the U.S. economy, while a senior White House aide said he expects talks to continue and a Fed official said fiscal help is sorely needed.

After a week of shifting signals on the amount of stimulus and how to get there, Trump said on Fox News that Republicans are “having a hard time with Nancy Pelosi.” Pelosi labeled the administration’s offer on dealing with the health impact of the virus pandemic “grossly inadequate.”