Steven Mnuchin at his confirmation hearing on Capitol Hill in 2017. J. Scott Applewhite/AP A second round of stimulus checks could take weeks or months to arrive as Democrats and Republicans remain at odds over the details of another trillion-dollar stimulus bill. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have struggled to agree on items such as financial aid for state and local governments and protection from COVID-19 liability for employers. "The speaker, on a number of issues, is still dug in," Mnuchin told reporters on Friday. The two sides could still hash out a bill before the November 3 election "if the president wants to," Pelosi said on Thursday. However, some legislators don't expect a bill to be passed until next year, The Wall Street Journal said. Visit Business Insider's homepage for more stories. The millions of Americans holding out for stimulus checks could be kept waiting for weeks or months as Democrats and Republicans remain locked in negotiations.House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continue to clash over the terms of a bill to inject up to $2 trillion of government aid into the US economy.The legislation is a follow up to the $2 trillion bill in March, which aimed to offset the devastating economic impact of the COVID-19 pandemic and provide relief to struggling families and businesses.Democrats and Republicans have agreed on some elements of a second bill, including another round of stimulus checks and the reintroduction of emergency jobless benefits.Read more: Jared Kushner floating launch of a new Trump-branded media outlet, GOP sources say.
Comment on Stimulus checks could take weeks or months to arrive as Pelosi and Mnuchin remain locked in negotiations
tmohamed@businessinsider.com (Theron Mohamed), Business Insider
Sun, 10/25/2020 - 4:14am
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