Mnuchin Says Economy Is Recovering but ‘More Work’ Is Needed to Alleviate Pain

Mnuchin Says Economy Is Recovering but ‘More Work’ Is Needed to Alleviate Pain

The Coronavirus OutbreakliveLatest UpdatesMaps and CasesVaccine TrackerSecond Wave in SpainCoverage for Uninsured Falls ShortThe Treasury secretary's House testimony, combined with renewed stimulus discussions among Republicans, highlighted divisions over how big an economic package should be.Treasury Secretary Steven Mnuchin called on Congress on Tuesday to reach an agreement on stimulus measures.Credit...Pool photo by Nicholas KammBy Jim Tankersley and Nicholas FandosWASHINGTON “” Treasury Secretary Steven Mnuchin told lawmakers on Tuesday that the economy was recovering from the pandemic-induced recession but said "more work“ was needed in certain areas, suggesting that the administration may be willing to agree on a stimulus package as large as $1.5 trillion."Whether it is $1 trillion or $1.5 trillion, again, let's not get caught on a number,“ Mr. Mnuchin told the House Select Subcommittee on the Coronavirus Crisis.