‘There’s no question that money is having a major impact on the economy,’ Treasury Secretary Steven Mnuchin said Tuesday
by Andrew Keshner
The Trump administration is “very seriously considering” another stimulus bill as the coronavirus pandemic continues, Treasury Secretary Steven Mnuchin said Tuesday.
Speaking to Bloomberg three months after lawmakers passed the $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act, Mnuchin revealed few details on what a new round of fiscal relief would look like, though he did say it will be “much more targeted to the businesses that are impacted.”
As for the funds that are already being disbursed under the CARES act, Mnuchin said, “There’s no question that money is having a major impact on the economy.”
In a separate interview Tuesday with Time Magazine, Mnuchin said a bill could take shape next month.