December 2, 2020 12:43 pm
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Categories: COVID-19 Economy Featured JoshWho News Politics Saraa Carter steven mnuchin stimulus check Trump

mnuchin trump will sign mcconnells covid 19 relief proposal

Secretary of the Treasury Steven Mnuchin said Wednesday morning that President Donald Trump will sign the coronavirus relief bill put forth by Senate Majority Leader Mitch McConnell on Tuesday.

Mnuchin was on Capitol Hill for a meeting about the bill Wednesday morning when a reporter asked him about what the president would be willing to sign regarding COVID-19 economic relief.

“The president will sign the McConnell proposal that he put forth yesterday,” Mnuchin said.

Immediately after, he was then asked by another reporter about House Speaker Nancy Pelosi’s proposal for relief, about which the Treasury secretary couldn’t say much.

“I’m not going to comment publicly on it, but I did speak to her briefly and there’s also the other bipartisan proposal.”

It is not known when the coronavirus relief package will be passed. Negotiations for a second one have been stalled for months, will little to no progress being made. The first package, known as the CARES Act, was successfully passed back in March and provided much needed economic relief to the tens of millions of Americans left unemployed and small businesses struggling to stay afloat due to the pandemic.

Since then, there have been three other packages. However, struggling Americans were only cut stimulus checks in the first round and some reports indicate that there may not be checks sent this time around either.

So far, it has been generally speculated that the stimulus package won’t be passed until the next Congress commences in January and President-elect Joe Biden is sworn into office.

You can follow Douglas Braff on Twitter @Douglas_P_Braff.

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