- U.S Treasury Secretary Mnuchin believes there is room for compromise in stimulus talks
Market news
10 August 2020
U.S Treasury Secretary Mnuchin believes there is room for compromise in stimulus talks
- U.S. states have more than enough money to handle shortfalls
- Legislation needs to get passed for COVID aid
- There is room for compromise on talks, but $1 trillion for state and local governments is an "absurd number"
- There is money for PPP program
- Cannot just split the difference with Democrats over COVID-19 aid package costs, must go line-by-line
- If we can get a "fair" deal, we'll do it this week
- President Trump willing to sign a stand-alone bill on education funding
- We are not in the same "emergency' state on COVID-19 aid as before
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