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Steve Mnuchin: ‘Strong likelihood’ another coronavirus relief bill will be needed

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Steve Mnuchin AFP : JIM WATSON

Some ideologues and self-proclaimed budget hawks on the far right have been insisting that another coronavirus relief bill would increase the United States’ federal deficit too much. But Treasury Secretary Steve Mnuchin, according to The Hill’s Naomi Jagoda, has said there is a “strong likelihood” that another relief bill will be needed.

During an event on Thursday that was hosted by The Hill and sponsored by Wells Fargo and Siemens, the Treasury secretary explained, “We’re going to step back for a few weeks and think very clearly how we need to spend more money —  and if we need to do that.”

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Earlier this week, White House economic adviser Kevin Hassett said that another coronavirus relief bill might not be needed.

The Democrat-controlled U.S. House of Representatives, under Speaker Nancy Pelosi’s direction, passed a $3 trillion relief package last week, but some Senate Republicans — including Senate Majority Leader Mitch McConnell — have said that the House bill will be dead on arrival when it reaches the Senate.


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2020 Election

Trump’s Georgia rally will be a ‘grievance-fest’ and he’ll ignore the GOP’s Senate candidates: Republican insiders

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According to a report from the Independent, Georgia Republicans are nervously eyeing Donald Trump's planned rally in their state late Saturday having no idea whether he will lend them a hand holding onto the two seats in the U.S. Senate or whether he will spend the time ranting about the election he believes was stolen from him.

With both Republican Senators David Perdue and Kelly Loeffler's seats at stake -- as well as control of the U.S. Senate -- Republicans have been working overtime to correct the impression that voter fraud led to the state's 16 Electoral College votes going to former Vice President Joe Biden and cost Trump a second term.

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CNBC’s Rick Santelli ripped as ‘psychopath’ for on-air ‘meltdown’ over COVID-19 restrictions

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CNBC's Andrew Ross Sorkin and Rick Santelli clashed over coronavirus restrictions, setting off another round of discussion on social media.

The conservative Santelli loudly insisted that bars and restaurants, which are shut down in many areas, were no more dangerous than large retailers, which have mostly been allowed to stay open, and Sorkin cut him off.

“Rick, just as a public-health and public-service announcement for the audience, the difference between a big-box retailer and a restaurant or, frankly, even a church, are so different it’s unbelievable,” Sorkin said, as Santelli kept interrupting. “Going into a big-box retailer, you’re wearing a mask.”

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Federal judge says Trump pardon of Michael Flynn may have been ‘too broad’: report

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A trial judge has raised the possibility that the federal judge overseeing the case of former National Security Adviser Michael Flynn could find that President Trump's pardon of Flynn may be "too broad," according to The National Law Journal.

The comments “came unexpectedly” during a Freedom of Information Act hearing about releasing documents from special counsel Robert Mueller's office, according to BuzzFeed reporter Jason Leopold.

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