Kashkari Says Congress Will Have to Send Americans More Money

U.S. lawmakers will have to do more to support Americans financially in the coming months, Minneapolis Fed President Neel Kashkari said.

“They are going to need more. If this is a slow recovery, the way I think it is -- I think we’re in this for months, a year, 18 months -- there are going to be a lot of families that are going to need direct financial assistance,” Kashkari said Thursday during a virtual event with CBS. “I think a V–shaped recovery is off the table.”