Line

In Line for Another $1,200 Coronavirus Check? Trump Administration Will ‘Seriously Look’ at Proposal

Click here to read the full article.

Treasury Secretary Steven Mnuchin this week hinted that the Trump administration would be willing to send out another round of stimulus checks to Americans.

During a Senate hearing regarding Washington’s next coronavirus aid package, Mnuchin said: “I think we’re going to seriously look at whether we want to do more direct money to stimulate the economy. But I think this is all going to be about getting people back to work, and we look forward to working with the entire Senate on this.”

Meantime, Senate Majority Leader Mitch McConnell said Congress may decide in the next few weeks if it will take up another round.

Some analysts have forecast that the relief measure will be on the way by late July.

Last month, the Democratic-run House passed a $3 trillion coronavirus relief bill—which essentially represents an opening offer in discussions with the Trump

Read More