Pelosi Says She’s Awaiting Mnuchin Answers to Resume Aid Talks

Bloomberg

Published Oct 29, 2020 12:40

Updated Oct 29, 2020 14:09

(Bloomberg) -- U.S. House Speaker Nancy Pelosi told Treasury Secretary Steven Mnuchin in a letter Thursday that she’s still awaiting the administration’s response on a raft of outstanding issues blocking a deal on a fiscal-stimulus package.

In a letter Thursday posted on her official website, Pelosi listed seven major areas of disagreement: a national virus testing-and-tracing program; funding for state and local governments; school safety measures; child-care funding; tax credits for working families; unemployment insurance; and workplace protections and liability issues.

“Your responses are critical for our negotiations to continue,” Pelosi wrote. She and Mnuchin last spoke Monday, when they were unable to resolve what’s become a three-month impasse over a Covid-19 relief plan.

President Donald Trump has blamed Pelosi for the stalemate, charging her with pressing for a bailout of poorly run Democratic states and cities.

Pelosi said Wednesday she hoped the selloff in U.S. stocks would prompt Trump to agree to Democratic demands, something she alluded to in Thursday’s letter.

“As the coronavirus surges and the stock market plummets, we are still awaiting the Trump Administration’s promised responses on multiple items of critical importance,” she said.

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