Hassett Sees Another Stimulus Bill From Congress Before August Recess - News Summed Up

Hassett Sees Another Stimulus Bill From Congress Before August Recess


WASHINGTON—A top economic adviser to President Trump said the White House “would definitely support” another round of aid to shore up the economy as U.S. businesses begin to reopen amid the coronavirus pandemic. White House economic adviser Kevin Hassett said Tuesday the odds of a “Phase Four” stimulus package “are very, very high,” even if data on output and jobs continue to surpass expectations. On Friday, the Labor Department reported that U.S. employers added 2.5 million jobs in May and that the unemployment rate, which...


Source: Wall Street Journal June 09, 2020 16:43 UTC



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