Economics

Mnuchin Says Stimulus May Pass Congress in July to Boost Economy

  • Treasury secretary says ‘very seriously considering’ stimulus
  • Mnuchin met with Senate Republicans to discuss measure

Watch: Treasury Secretary Steven Mnuchin says the Trump administration is seriously considering another stimulus bill.

Source: Bloomberg)
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The Trump administration is discussing another stimulus package with lawmakers that could be passed in July, the latest effort to revive the U.S. economy amid the coronavirus pandemic, said Treasury Secretary Steven Mnuchin.

“It’s something we’re very seriously considering,” Mnuchin said Tuesday in an interview during the Bloomberg Invest Global virtual event. He said he expects the U.S. economy to exit recession by year’s end.