Mnuchin: Pelosi, Schumer Not Willing to ‘Strike a Reasonable Deal’ on Stimulus Package
Treasury Secretary Steven Mnuchin is providing more insight into the ongoing negotiations between Democrats and Republicans over the next coronavirus relief package, and he is not too optimistic. Appearing on CNBC’s…
Treasury Secretary Steven Mnuchin is providing more insight into the ongoing negotiations between Democrats and Republicans over the next coronavirus relief package, and he is not too optimistic.
Appearing on CNBC’s “Squawk on the Street,” Mnuchin weighed in on how President Donald Trump is still moving ahead with his executive order on unemployment relief amid opposition from Speaker of the House Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-N.Y.).
“The good news is we’re moving forward, the president’s EO on unemployment. We now have many states that are moving through that process. We have, looks like, five states that have already been approved. We have another four states that have submitted and about another 10 states that are in the process,” Mnuchin said.
He added, “The good news is despite Congress not acting, because Pelosi and Schumer aren’t willing to sit down and strike a reasonable deal, the president moved forward with the EO to help people who are still unemployed.”
Watch his comments below:
The president signed the executive order on Aug. 8 after lawmakers could not reach a deal on the next stimulus bill, as IJR previously reported.
Under the executive order