President Donald Trump is “absolutely prepared” to back more stimulus money to restore the economy after it was crippled by the coronavirus pandemic, Treasury Secretary Steven Mnuchin said Monday.
“We have put $3 trillion out,” Mnuchin told Fox Business’ Maria Bartiromo. “If we need to put more money out to support American businesses, American workers, the president is absolutely prepared to do that.”
Conversations have started on a bipartisan basis on another phase of coronavirus stimulus financing, as everything that has been done so far has been accomplished with “overwhelming bipartisan support,” said Mnuchin.
To date, four packages have been approved by Congress, including the $2.2 trillion CARES Act that was signed at the end of March, including the $349 billion Paycheck Protection Program.
“Working with Congress we were able to get $3 trillion that we are pumping into the economy,” said Mnuchin. “As it relates to states, part of