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12/1/20

Mnuchin, Pelosi to Reconvene Talks on Covid Stimulus Relief Bill



Speaker of the House Nancy Pelosi and Treasury Secretary Steven Mnuchin are set to reconvene their conversations about COVID relief and other end-of-session items, including a $1.4 trillion catchall government funding bill, as the Trump administration comes to a close. Mnuchin told reporters as he arrived at a Senate Banking Committee hearing to assess earlier COVID rescue efforts that he and Pelosi are focused primarily on the unfinished appropriations bills. “I will be speaking to the speaker this afternoon. We’re going to talk about where we are on the appropriations issue. Keeping the government running, that is the first priority," Mnuchin told reporters. “And I’m sure we’ll also be mentioning COVID Relief.” Pelosi and Mnuchin grappled over a relief bill for weeks before the election, discussing legislation of up to $2 trillion, but Senate GOP conservatives opposed their efforts and Pelosi refused to yield on key points. Mnuchin is appearing before the Senate Banking Committee with Federal Reserve Chairman Jerome Powell who testified that the pace of recovery is moderating. The panel oversees the $2 trillion aid package approved by Congress in March. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit https://bloom.bg/2UdVC2M, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://bit.ly/2J5MnQe Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://bit.ly/35epL8Q Instagram: https://bit.ly/32sC5jW


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