Treasury Secretary Steven Mnuchin to join congressional leadership meeting later today

CNBC's Ylan Mui reports the latest from Capitol Hill as legislators race to produce a deal ahead of the Friday funding deadline. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

The top four congressional leaders were set to meet Tuesday to try to strike deals to fund the government and send another round of coronavirus relief as millions of Americans await help.

House Speaker Nancy Pelosi, D-Calif., set up the meeting with Senate Majority Leader Mitch McConnell, R-Ky., Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Kevin McCarthy, R-Calif., as Congress runs out of time to address both issues. Treasury Secretary Steven Mnuchin, who spoke to Pelosi on the phone for more than an hour Tuesday, will was expected to call into the huddle among the congressional leaders.

The meeting marks the most significant effort yet for the four leaders to come to a bipartisan agreement on a package that could get through a divided Congress. Absent congressional action, government funding will lapse Saturday and 12 million people will lose unemployment benefits the day after Christmas.

“We’re not leaving here without a Covid package,” McConnell told reporters Tuesday. “It’s not going to happen. We’re going to stay here until we get a Covid package, no matter how long it takes.”

Congress has failed for months to send new assistance as the pandemic stretches the health-care system’s capacity and leaves millions of Americans scrambling to find a meal and pay their rent. The imminent expiration of financial lifelines, a weakening economy and the need for money to ensure Covid-19 vaccines get to health-care workers and elderly Americans have forced lawmakers to once and for all seek a compromise.

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

https://www.cnbc.com/select/best-credit-cards/

#CNBC
#CNBCTV

Видео Treasury Secretary Steven Mnuchin to join congressional leadership meeting later today канала CNBC Television