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MNI BRIEF: Mnuchin Says Americans To Receive Checks Next Week

(MNI) WASHINGTON
WASHINGTON (MNI)

Treasury Secretary Steven Mnuchin said Monday he expects economic relief checks will begin hitting the inboxes of Americans by early next week.

"We will be sending out next week direct deposit, I expect we'll get the money out by the beginning of next week," Mnuchin said on CNBC. Legislative text of the Covid relief deal among lawmakers in Congress has yet to be released, but it is expected to include checks for millions of Americans totaling USD166 billion, with of up to USD600 per person with a family of four receiving up to USD2,400 up to a certain income.

MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com

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