White House Expects New Round of Stimulus Funds to Individuals by End-July

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White House Expects New Round of Stimulus Funds to Individuals by End-July
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Treasury Secretary Steven Mnuchin said the Trump administration is working with the Senate to pass a new bill for coronavirus-related economic aid by the end of July, as enhanced unemployment benefits are set to expire

WASHINGTON—Treasury Secretary Steven Mnuchin said Thursday the Trump administration is working with the Senate to pass a new bill for coronavirus-related economic aid by the end of July, as enhanced unemployment benefits near expiration.

Mr. Mnuchin said the administration supports a second round of so-called economic impact payments to households, an extension of enhanced unemployment benefits for furloughed workers, and a “much, much more targeted” version of the Paycheck Protection Program of forgivable loans for small...

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