US treasury secretary to seek additional US$250 billion for small business

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U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he would seek an additional US$250 billion to support small businesses hurt by the ...

U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he would seek an additional US$250 billion to support small businesses hurt by the widespread economic slowdown.

FILE PHOTO: U.S. Secretary of the Treasury Steven Mnuchin walks to the meeting with Senate Minority Leader Chuck Schumer during negotiations on a coronavirus disease relief package on Capitol in Washington, U.S., March 23, 2020. REUTERS/Joshua Roberts/File PhotoWASHINGTON: U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he would seek an additional US$250 billion to support small businesses hurt by the widespread economic slowdown.

Mnuchin said on Twitter he had spoken with leading lawmakers from both parties regarding the additional money.

 

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