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Politics Mnuchin says Americans to get coronavirus aid within 3 weeks

17:02  26 march  2020
17:02  26 march  2020 Source:   reuters.com

Mnuchin seeks 'big number' for additional coronavirus U.S. stimulus package

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Americans should receive cash payments within three weeks to help offset the financial hardships of the coronavirus crisis, Treasury Secretary Steve Mnuchin said , adding that the record jobless claims announced on Thursday are not relevant.

Coronavirus Live Updates: Senate Talks on Aid Stall Over Jobless Benefits, States Request Emergency Mnuchin : Checks will arrive for most Americans within three weeks . Under the bill, Americans with incomes up to ,000 would get ,200, and Mr. Mnuchin said those payments

Americans should receive cash payments within three weeks to help offset the financial hardships of the coronavirus crisis, Treasury Secretary Steve Mnuchin said, adding that the record jobless claims announced Thursday are not relevant.

Steven Mnuchin wearing glasses: Treasury Secretary Steve Mnuchin speaks at a news briefing. © Reuters / YURI GRIPAS

Treasury Secretary Steve Mnuchin speaks at a news briefing.

Interviewed on CNBC, Mnuchin said most people will get the money by direct deposit to their bank as soon as the $2 trillion congressional economic relief package was signed into law.

He urged the House of Representatives to quickly take up the massive bill, passed overnight by the U.S. Senate, citing President Donald Trump's call for swift action.

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  House passes corrected coronavirus bill The House on Monday evening passed for the second time legislation to mitigate the economic impact of the coronavirus after technical corrections were made to the measure. © Getty Images House passes corrected coronavirus bill The bill initially passed in a 363-40 vote in the early hours of Saturday morning, but due to a technicality that could not be fixed administratively, it had to be brought back to the floor. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); Rep.

House will begin making direct payments to Americans within three weeks of a .2trn coronavirus economic aid measure becoming law, Treasury Secretary Steven Mnuchin Donald Trump briefs reporters about the coronavirus outbreak. Getty Images. Coronavirus : Americans to get ,200

Mnuchin : Checks will arrive for most Americans within three weeks . New York, North Carolina and Hawaii say Republican opposition to jobless aid delays final action on trillion stimulus plan. As states attempt to stop the spread of coronavirus , more than half of all Americans will soon be under

"We’re determined to get money in people’s pockets immediately," he said.

Asked about the staggering surge in unemployment, Mnuchin told CNBC the data reflected short-term impacts from the outbreak as the number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week.

"I just think these numbers right now are not relevant," Mnuchin said. "Whether they’re bigger or smaller in the short term ... the good thing about this bill is, the president is protecting these people."

He added that he hoped companies would ultimately rehire workers and pointed to other industries such as grocers that were hiring.

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Treasury Secretary Mnuchin says he's having ongoing discussions about infrastructure .
Treasury Secretary Steven Mnuchin told CNBC on Wednesday that he is part of ongoing discussions with congressional lawmakers about a potential infrastructure bill.“As you know, the president has been very interested in infrastructure. This goes back to the campaign: The president very much wants to rebuild the country,” Mnuchin told CNBC’s David Faber. “And with interest rates low, that’s something that’s very important to him.

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