NANCY Pelosi was slammed by White House for "letting politics get in the way" of a deal for a second round $1,200 stimulus checks.
Treasury Secretary Steve Mnuchin slammed Pelosi when speaking with CNBC's Squawk Box on Monday, as he expressed hopes that a deal will still come.
Another coronavirus package with $1,200 checks for Americans has come to a standstill, as Democrats and Republicans go back-and-forth with negotiations.
"I think there is a compromise if the speaker is willing to move forward," Mnuchin told CNBC of Pelosi.
"I am somewhat concerned that she's afraid that any deal will be good for the president and obviously, we have politics that are getting in the way," the White House treasury secretary claimed.
Mnuchin ensured that Donald Trump is doing "whatever he can to help small businesses" but added that "there are limitations."
"And that's why it's very important that we have stimulus that helps the areas of the economy that need support," Mnuchin said.
"The good news is that we are rebounding in a very, very significant way and Americans are beginning to see the benefits of the economy reopening," he added.
Speaking with MSNBC, Pelosi said members of Congress "need to come to an agreement."
During a call on Tuesday, Pelosi said she "wants the House to stay in session until a coronavirus deal is reached," a PBS News Hour journalist reported.
The HEROES Act – a $3trillion package – was passed in the House in May.
Republicans and Democrats, however, have been at loggerheads over details of another coronavirus deal since.
Republicans last week proposed a $500billion deal – but it was rejected by Democrats.
As the emergency package negotiations continue, a group of 50 centrist Democrats and Republicans on Tuesday proposed a $1.52trillion bill that would include $1,200 checks.
Source: Read Full Article