Treasury Secretary Steven T. Mnuchin said Wednesday there isn’t a good chance of getting a comprehensive coronavirus relief bill before the election.
Mr. Mnuchin and House Speaker Nancy Pelosi have been negotiating for weeks, but the two parties remain at an impasse.
“The clock will not stop,” Mr. Mnuchin said Wednesday at a conference sponsored by the Milken Institute. “I’d say at this point, getting something done before the election and executing on that would be difficult, just given where we are and the level of detail. [We’re going to] try to continue to work through these issues.”
The two spoke for about an hour Wednesday morning and plan to speak again on Thursday as talks continue to drag out.
One of the biggest points of contention in their most recent conversation was the need for a comprehensive national testing plan, according to a top Pelosi aide.
Mrs. Pelosi, California Democrat, is ardently sticking to her approach of rejecting