Hassett Sees Another Stimulus Bill From Congress Before August Recess

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Hassett Sees Another Stimulus Bill From Congress Before August Recess
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A top economic adviser to President Trump said the White House “would definitely support” another round of aid to shore up the economy as U.S. businesses begin to reopen amid the coronavirus pandemic

WASHINGTON—.

White House economic adviser Kevin Hassett said Tuesday the odds of a “Phase Four” stimulus package “are very, very high,” even if data on output and jobs continue to surpass expectations. On Friday, the Labor Department reported that U.S. employers added 2.5 million jobs in May and that the unemployment rate, which...

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