FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin testifies during a Senate's Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress, in Washington, DC, U.S., September 24, 2020.
Drew Angerer/Pool via REUTERS(Reuters) - U.S. Treasury Secretary Steven Mnuchin on Monday urged Congress to tap into $455 billion of unused emergency relief funds to fuel an additional, targeted round of pandemic economic assistance for American households and businesses.
Mnuchin will appear alongside Federal Reserve Chair Jerome Powell.
“I strongly encourage Congress to use the $455 billion in unused funds from the CARES Act to pass an additional bill with bipartisan support,” Mnuchin said.
“The Administration is standing ready to support Congress in this effort to help American workers and small businesses that continue to struggle with the impact of COVID-19.”
Steven Mnuchin, Drew Angerer, ” Mnuchin, Mnuchin, Jerome Powell, “, ”
Banking, Housing, Urban Affairs, REUTERS, Reuters, ., Monday, Senate Banking
Washington , DC