Mnuchin Says “Strong Likelihood” for More Stimulus Spending

Date: May 22, 2020
Source: Bloomberg

Treasury Secretary Steven Mnuchin said that there is “strong likelihood” that the U.S. will need another stimulus package, but that the government should take a few weeks to decide when and how to formulate it.

“We’re going to step back for a few weeks and think very carefully if we need to spend more money and how we’re going to do that,” Mnuchin said May 21.

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