Mnuchin, Schumer rev up talks as small business aid runs dry
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April 15, 2020
WASHINGTON (AP) — With a key coronavirus rescue fund nearly exhausted, negotiations are accelerating in Washington over President Donald Trump's $250 billion emergency request to help smaller employers across the country keep workers on their payroll.
Senate Minority Leader Chuck Schumer and Treasury Secretary Steven Mnuchin spoke Wednesday morning about legislation to shore up a paycheck subsidy program that has nearly reached its $349 billion lending limit. House and Senate aides were set to meet with Treasury officials later in the day.
Reaching a deal won't be easy. The Capitol is largely...
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