The Wall Street Journal: Mnuchin to work with Congress on funding package for coronavirus

This post was originally published on this site

WASHINGTON—Treasury Secretary Steven Mnuchin said the administration looked forward to an emergency funding package from Congress to deal with the spreading coronavirus and signaled it is prepared to ask for more as authorities in the U.S. and around the world race to mitigate the economic impact of the epidemic.

“We stand ready to work closely with Congress on an emergency funding package and any other related issues,” Mr. Mnuchin told lawmakers on Tuesday. He also suggested the administration would consider an infrastructure package as part of a broader stimulus measure, if one is needed to shore up growth.

Mr. Mnuchin said officials also had begun to consider measures to support businesses facing disruptions related to the virus, as well as workers who may not have paid sick leave.

“We’re looking at all different types of options on the table to address all these issues,” he said. “As we come back later with recommendations we will work with Congress.”

An expanded version of this story appears on

Popular stories from WSJ

Add Comment