July 20, 2020 / 4:22 PM / 23 days ago

Republicans kick off coronavirus relief talks with $1 trillion proposal: Mnuchin

FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin walks towards the White House in Washington, U.S., July 9, 2020. REUTERS/Kevin Lamarque

WASHINGTON (Reuters) - U.S. President Donald Trump has signed off on an effort to seek an additional $1 trillion in coronavirus economic relief, Treasury Secretary Steve Mnuchin said on Monday, as Republicans laid out their initial proposal for talks with Democrats.

“We’ll focus on starting with another trillion dollars. We think that will have a big impact,” Mnuchin told reporters as he met with Trump and the two top Republicans in the U.S. Congress.

Reporting by Steve Holland and Katanga Johnson; Editing by Tim Ahmann

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