Markets Wired

Washington – Secretary Steven T. Mnuchin today issued the following statement:

“Earlier today, Speaker Pelosi and I spoke by phone. Her statement is not an accurate reflection of our conversation. She made clear that she was unwilling to meet to continue negotiations unless we agreed in advance to her proposal, costing at least $2 trillion.

“The Administration is willing to move forward with legislation that allows for substantial funds for schools, child care, food, vaccines, hospitals, PPP for small businesses, rental assistance, broadband, airports, state and local government assistance, and liability protection for universities, schools, and businesses.

“The Democrats have no interest in negotiating.”