U.S.'s Mnuchin offers $1.6 trillion in stimulus - Bloomberg News

U. S. Treasury Secretary Steven Mnuchin made on Wednesday a counteroffer of about $1.6 trillion in stimulus measures to Nancy Pelosi, the speaker of the House of Representatives, a Bloomberg reporter said on Twitter https://twitter.com/elwasson/status/1311509068213755905.

"Mnuchin has offered $1.6 trillion in stimulus with offsets taking it lower," the reporter said.

Earlier, Mnuchin said the Trump administration would not accept Democrats' proposal for a $2.2-trillion coronavirus aid package, and indicated he wanted a deal closer to $1.5 trillion.

(Reporting by Aishwarya Nair in Bengaluru; Editing by Clarence Fernandez)