Mnuchin: Areas of Economy Require Fiscal Relief

Treasury Secretary Steven Mnuchin in written testimony to Congress points to "signs of a strong economic recovery," but says "we are sensitive to the fact that there is more work to be done, and certain areas of the economy require additional relief." Mnuchin is testifying before the House Select Subcommittee on the Coronavirus Crisis.

• "I believe a bipartisan agreement still should be reached and would provide substantial funds for schools, testing, vaccines, PPP for small businesses, continued enhanced unemployment benefits, child care, nutrition, agriculture, and the U.S. Postal Service, along with liability protection for universities, schools, and businesses," Mnuchin said in testimony.
• "We will continue to try to work with the Senate and the House on a bipartisan Phase IV relief package. When it became clear that previous negotiations were not moving forward, the President took executive action to provide critical relief to Americans through lost wages assistance and other important items."