Economics

Mnuchin Says Trump Pleased With How Recovery Is Progressing

Treasury chief urges Democrats to work on ‘targeted’ stimulus
Expects another drop in unemployment rate for September

Nobel Laureate Romer: ‘This Is Not a Healthy Economy’

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By Tony Czuczka, Jordan Yadoo, and Craig Torres

September 6, 2020 at 1:35 PM UTC

Updated on

September 6, 2020 at 3:07 PM UTC

This article is for subscribers only.

President Donald Trump “couldn’t be more pleased” with how the recovery is progressing but wants more stimulus to move ahead, U.S. Treasury Secretary Steven Mnuchin said.

Mnuchin spoke as an aide to Democratic presidential candidate Joe Biden warned of an unequal, “K-shaped” recovery leaving many Americans behind.