Mnuchin sees possible virus deal, but no talks set with Congress

By Susan Cornwell WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Monday said the Trump administration and Congress could reach a coronavirus aid deal as soon as this week, but Democrats said the two sides have not spoken since talks collapsed last Friday. With negotiations at a standstill and President Donald Trump taking action at the weekend to try to sidestep Congress, it was unclear whether Democrats and Republicans would be able to bridge their differences to provide relief to workers, businesses and local governments that have been devastated by the pandemic, which has killed at least 162,000 Americans

Reuters August 11, 2020 00:10:48 IST
Mnuchin sees possible virus deal, but no talks set with Congress

Mnuchin sees possible virus deal but no talks set with Congress

By Susan Cornwell

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Monday said the Trump administration and Congress could reach a coronavirus aid deal as soon as this week, but Democrats said the two sides have not spoken since talks collapsed last Friday.

With negotiations at a standstill and President Donald Trump taking action at the weekend to try to sidestep Congress, it was unclear whether Democrats and Republicans would be able to bridge their differences to provide relief to workers, businesses and local governments that have been devastated by the pandemic, which has killed at least 162,000 Americans.

Eviction protections and enhanced unemployment assistance both expired at the end of July, slashing aid for more than 30 million people.

Trump on Saturday signed executive orders and memorandums on expired unemployment benefits, suspend evictions, student loan payments and payroll taxes. But it was not immediately clear whether they would provide relief.

House of Representatives Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer said they were open to restarting talks. But there has been no contact since Friday between the administration and Capitol Hill negotiators, Democratic aides said.

"They have to meet us in the middle. They can't just come to the table and say it's our way or no way; we'll never get a deal," Schumer told MSNBC. "We need bold action. We're not going to settle for some skimpy thing that doesn't work."

Trump said on Sunday that Democrats had called him, but Schumer said that was not true.

The Democratic-led House passed a $3.4 trillion aid bill in May, but the Republican-led Senate did not respond with a proposal of its own before unveiling a $1 trillion package late last month, around when senior Trump administration officials began negotiating with the Democrats.

There are areas of agreement between the two sides, including providing money for schools and coronavirus testing. But they remain at odds over the bill's scope and issues like unemployment benefits for Americans forced from work, aid for state and local governments and liability protections for businesses.

Mnuchin said on CNBC there was room for compromise but declined to say when talks could resume.

"I think they're willing to compromise," he said. "There is still a lot of things we need to do and that we've agreed on."

Trump, who has not participated in negotiations, put pressure on Pelosi and Schumer to reach out.

"They know my phone number," he wrote on Twitter.

(Reporting by Susan Cornwell and Patricia Zengerle; Additional reporting by Susan Heavey and David Lawder, writing by Patricia Zengerle; Editing by Andy Sullivan and Alistair Bell)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

France, Germany to agree to NATO role against Islamic State - sources
| Reuters
World

France, Germany to agree to NATO role against Islamic State - sources | Reuters

By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States

China's Xi says navy should become world class
| Reuters
World

China's Xi says navy should become world class | Reuters

BEIJING Chinese President Xi Jinping on Wednesday called for greater efforts to make the country's navy a world class one, strong in operations on, below and above the surface, as it steps up its ability to project power far from its shores.China's navy has taken an increasingly prominent role in recent months, with a rising star admiral taking command, its first aircraft carrier sailing around self-ruled Taiwan and a new aircraft carrier launched last month.With President Donald Trump promising a US shipbuilding spree and unnerving Beijing with his unpredictable approach on hot button issues including Taiwan and the South and East China Seas, China is pushing to narrow the gap with the U.S. Navy.Inspecting navy headquarters, Xi said the navy should "aim for the top ranks in the world", the Defence Ministry said in a statement about his visit."Building a strong and modern navy is an important mark of a top ranking global military," the ministry paraphrased Xi as saying.