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White House seeks limited relief bill, promises talks on broader stimulus

Federal Reserve officials have urged Congress to be aggressive in supporting the US economy

Photo: Reuters
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The proposal was the latest twist in the on-again, off-again talks to try to secure more stimulus for the economy | Photo: Reuters

Reuters
The Trump administration on Sunday called on Congress to pass a stripped-down coronavirus relief bill using leftover funds from an expired small business loan program as negotiations on a broader package ran into resistance.

The proposal was the latest twist in the on-again, off-again talks to try to secure more stimulus for the economy, which is struggling to recover from coronavirus-related shutdowns that threw millions of Americans out of work.

In a letter to lawmakers, Treasury Secretary Steve Mnuchin and White House Chief of State Mark Meadows said they would continue to talk to Senate Democratic leader Chuck Schumer and House Speaker