WASHINGTON – Speaker Nancy Pelosi said Monday that another $1 trillion is needed for the next coronavirus rescue package.
Pelosi told House Democrats on an afternoon conference call that the current aid to Americans is not enough, according to a person unauthorized to discuss the call and granted anonymity.
Congress is considering more aid after passing a sweeping $2.2 trillion health care and economic package last month, the largest of its kind in U.S.
history. Former Federal Reserve chief Janet Yellen joined the private call and warned Democrats the economic fallout will depend on the public health response to the pandemic, the person said.