News Formal

'Strong likelihood' more economic stimulus needed: Steven Mnuchin - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Treasury Secretary Mnuchin sees 'strong likelihood' further stimulus needed as Senate spars over new bill

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification."There is a strong likelihood we will need another bill" to keep the economy afloat through the coronavirus pandemic, Treasury Secretary Steven Mnuchin toldMnuchin's comments arrive as House Democrats' $3 trillion stimulus package sits stuck in the Senate, where Majority Leader Mitch McConnell refuses to consider the legislation.

Mnuchin expects second-quarter figures to be "dreadful" before the economy recovers in the second half of 2020.Treasury Secretary Steven Mnuchin said Thursday that another coronavirus relief bill from Congress is likely needed to keep the economy intact before a nationwide reopening. Mnuchin said the White House is weighing the need for another stimulus measure and where such funds should be put to use.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

I used my stimulus check to make my last student loan payment - Business Insider'While I'm relieved to finally be free of student loan debt, I am still grappling with my complicated feelings about using the stimulus money to get ahead when so many other people are in financial turmoil.' who in the right mind pays student loans back? Just default and take the money.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stimulus check prepaid debit card questions and answers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 33 million are out of work. This seems like some token offering by the Trump Treasury. Wait.. ppl are still waiting on this? The issuing bank just got a sweetheart deal. I wonder who is connected to this.
Source: BusinessInsider - 🏆 729. / 51 Read more »