Treasury Secretary Mnuchin says the Trump administration supports a 2nd round of stimulus checks, adding it can be deposited into bank accounts 'very quickly'
- Mnuchin said the administration supported another round of stimulus payments and said they could be deposited into bank accounts rapidly.
- "We can get that into hard-working Americans' bank accounts very, very quickly. The level and the criteria, we'll be discussing with the Senate," Mnuchin said in a CNBC interview.
- The federal government has sent 160 million direct payments, with the vast majority made between April and May.
- Visit Business Insider's homepage for more stories.
Treasury Secretary Steven Mnuchin said on Thursday that the Trump administration supports another round of stimulus payments.
"We do support another round of economic impact payments," Mnuchin said during a CNBC interview, referring to another name for the stimulus checks. "We can get that into hard-working Americans' bank accounts very, very quickly. The level and the criteria, we'll be discussing with the Senate."See the rest of the story at Business Insider
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See Also:
- 'An essential tool:' 156 top economists call for recurring stimulus checks until the economy recovers from the coronavirus pandemic
- Mitch McConnell opens the door to another stimulus check for Americans, saying people earning under $40,000 a year have been 'hit the hardest'
- The White House signals it could get on board with a 2nd round of stimulus checks for Americans