Mnuchin, Powell sounds good in the new $ 908 billion coronavirus relief package

Treasury Secretary Steven Mnuchin and Federal Reserve President Jerome Powell on Tuesday expressed some support for a new bipolar coronavirus clearance proposal With a $ 908 billion price tag. “It sounds like you’re hitting a lot of areas that could definitely benefit from help,” Powell said when asked about the question at a hearing in the Senate Banking Committee. Mnuchin said: “I look forward to reviewing the full package with you. I think more fiscal responses are needed.” The Secretary of the Treasury also said he planned to talk to House Democrat Nancy Pelosi of the Democratic Party of California on Tuesday afternoon about a fresh incentive and bill to avoid the government stalling, adding that he had spoken to Senate Majority Leader Mitch McConnell more than once a week. , the Kentucky Republican, and kept President Donald Trump up to date.