October 14, 2020 at 6:24 p.m. EDT
A new aid contract is unlikely before the election, says Mnuchin, but talks are ongoing
By Erica Werner and Jeff Stein
Treasury Secretary Steven Mnuchin said Wednesday that a new economic relief bill was unlikely before the elections, suggesting that Democrats are unwilling to give President Trump a victory.
“I would say at this point it would be difficult to do something and get it done before the election, given where we are now,”
; Mnuchin said during an event hosted by the Milken Institute’s Global Conference.
When asked if Democrats are unwilling to make a deal because they don’t want Trump to win three weeks before the election, Mnuchin replied, “I think that’s definitely part of the reality. This is definitely a problem.
“But the president is very focused on when he wins. We have to do more. That is part of the reason to keep working on it, ”added the finance minister. “The clock won’t stop.”