Mnuchin Pushes for More Stimulus to Help Businesses Amid Pandemic

Treasury Secretary Steven Mnuchin is joining President Donald Trump in calling for more stimulus for businesses as they struggle to strike a deal with House Speaker Nancy Pelosi (D-Calif.).

During his appearance on “Fox News Sunday,” Bret Baier asked Mnuchin where the next iteration of the coronavirus relief bill stands as well as negotiations.

“The president and I couldn’t be more pleased with the way the economic plan is working. We’ve injected $3 trillion into the economy. People thought we’d get 25% unemployment, fortunately it never came close to that. We’re down to 8.4,” Mnuchin said.

He added, “But, the president and I believe we should do more stimulus. We have about 7.5 million jobs that we need to get back until we’re back to where we were, and we want to help small businesses. We want to help businesses that are particularly impacted by this.”

Watch his comments below:

According to Mnuchin, negotiations are “stuck” on “certain policy issues, but more importantly on the top line.”

“The speaker has refused to sit down and negotiate unless we agree to something like a $2.5 trillion deal in advance,” Mnuchin said.

He noted the federal government pumped “$3 trillion into the economy” when it was “completely shut down.”