Treasury Secretary Steven Mnuchin said on Wednesday that Congress is unlikely to enact economic relief legislation before the November 3rd election because Nancy Pelosi-led Democrats do not want to deliver anything that President Donald Trump could portray to voters as a win.
Mnuchin said that he continues to talk with House Leader Pelosi but Democrat political resistance to striking a deal prior to the election is “definitely an issue.”
Speaking at a Milken Institute conference on Wednesday, Mnuchin said that the two sides “continue to make progress on certain issues but on certain issues we continue to be far apart.”
Mnuchin said he spoke with Pelosi for an hour and Wednesday and the two are set to speak again tomorrow. But there is little chance that a deal will be struck in the next three weeks.
“At this point, getting something done before the election and executing on that will be