Mnuchin: Stimulus deal will be finalized today

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The Trump administration is hours away from finalizing a $1.6 trillion stimulus deal with Congress to battle the coronavirus epidemic, Treasury Secretary Steven Mnuchin said

with Congress to battle the coronavirus epidemic, Treasury Secretary Steven Mnuchin said Sunday.

“I‘ve been speaking to Mitch McConnell, Chuck Schumer, the speaker, and I think we have fundamental understanding,” Mnuchin said on “Fox News Sunday.“ “We look foward to wrapping it up today.”The bill would tide the U.S. economy over for 10 -12 weeks, Mnuchin said, adding that he expects a vote Monday morning. Under the bill, a family of four can expect a direct payment of about $3,000, Mnuchin said.

McConnell will meet in his office with Mnuchin, Senate Minority Leader Chuck Schumer , Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy at 11 a.m. Schumer and Pelosi have stayed in close touch with Mnuchin throughout the negotiations.

Source: Financial Digest (financialdigest.net)

 

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Mnuchin, despite the obligatory obsequiousness, probably the right person in this role right now

No Moochin

Give each of us $1 Million Dollars instead of $1,200 if you really want to stimulate the economy. It's a lot cheaper than 1.6 Trillion! No $ for corporations $1MillionDollars

Here comes the stock market crash, another -2k points on the DOW.

It's time...right now at this time, they are ready to STEAL...don't let Mnuchin be in charge of bailouts.

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