President Donald Trump “couldn’t be more pleased” with how the recovery is progressing but wants more stimulus to move ahead, said U.S. Treasury Secretary Steven Mnuchin, who called on Congress to pass a “targeted” bill.
Third-quarter growth will be “phenomenal,” snapping back from the huge second-quarter contraction, as the impact of coronavirus shutdowns fade, Mnuchin said on “Fox News Sunday.” He noted that some are predicting GDP growth of 30% to 35%.
Mnuchin again called on Democrats, led by House Speaker Nancy Pelosi, to work with the administration on what some have called a “skinny” economic relief measure.
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{Matzav.com}
