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Mnuchin Pitches $916 Billion Relief Plan Including State Aid

  • Plan would include aid to states and liability protections
  • Proposal is bigger than separate bipartisan $908 billion plan
Bloomberg business news
Mnuchin Presents Pelosi With $916 Billion Aid Package
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Treasury Secretary Steven Mnuchin presented a new $916 billion Covid-19 relief proposal to House Speaker Nancy Pelosi, in the first move by the Trump administration since Election Day to break a months-long standoff.

Pelosi and Senate Democratic leader Chuck Schumer called it progress, but said it shouldn’t be used to obstruct the bipartisan negotiations already underway on a proposal from a group of Democratic and Republican lawmakers.