Mnuchin sees ‘strong likelihood’ of needing another COVID-19 relief bill

Treasury Secretary Steven Mnuchin on Thursday said there is a “strong likelihood” that another coronavirus relief bill will be needed as more states start to reopen and the economy struggles to stabilize.

“We’re going to carefully review the next few weeks,” Mnuchin said in aninterview with The Hill’s Bob Cusack during a virtual event. “I think there is a strong likelihood we will need another bill, but we just have $3 trillion we’re pumping into the economy.”

“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,” he added. Continue reading.