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U.S. lawmakers ‘very close’ to small business COVID-19 funding deal: officials

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globalnews.ca

U.S. lawmakers are very close to an agreement on approving extra money to help small businesses hurt by the coronavirus pandemic and could seal a deal as early as Sunday, congressional and Trump administration officials said. “I think we’re very close to a deal today and I’m hopeful we can get that done,” U.S.

Treasury Secretary Steve Mnuchin said in an interview with CNN. Senate Democratic leader Chuck Schumer also said he hoped an agreement with Republicans could be sealed as early as Sunday evening.

Schumer cautioned, however, that both sides had a few more issues to deal with. Mnuchin said he believes another $300 billion should be sufficient to reach everyone seeking a small business loan.

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