White House economics adviser Larry Kudlow said Friday that President Trump met with Chief of Staff Mark Meadows and Treasury Secretary Steven Mnuchin and approved a new pandemic aid package.
“The president has approved a revised package. He has approved a revised package. He would like to do a deal,” Kudlow said in an interview with Fox Business.
Kudlow said Mnuchin expects to be speaking with House Speaker Nancy Pelosi this afternoon to discuss the new proposal. President Trump had called off negotiations this week when talks stalled amid Democratic refusal to make meaningful compromises.
President Trump said he would support standalone bills that would provide limited and targeted aid, including bills to provide stimulus checks to households and funding for airlines. On Thursday afternoon, however, Pelosi said she would only support aid through a comprehensive bill, reversing her earlier support for a standalone airline bill.
CNBC reported shortly after