Trump, in total reversal, is telling allies he is, in fact, interested in a broad stimulus deal - News Summed Up

Trump, in total reversal, is telling allies he is, in fact, interested in a broad stimulus deal


(CNN) President Donald Trump, in a head-spinning reversal, has told allies he's interested in a large-scale stimulus deal, according to a person with direct knowledge of his comments. Treasury Secretary Steven Mnuchin, in a call with Speaker Nancy Pelosi on Thursday, said Trump was now interested in coming back to the table on a comprehensive agreement, according to Drew Hammill, Pelosi's deputy chief of staff. Trump, on Tuesday, took to Twitter to call off the stimulus talks entirely, sending markets into a dive. Congressional Republicans have made clear they are wary of going anywhere near the $2.2 trillion proposal Democrats have put on the table . But beyond the need to reach an agreement on the topline number, the actual details and legislative language of a comprehensive agreement also remain far from completion, and would likely represent the most complex part of any negotiation.


Source: CNN October 08, 2020 21:45 UTC



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