• Treasury Secretary Mnuchin said any bipartisan stimulus agreement would include another round of $1,200 checks for Americans.
• “We have reached an agreement that if there is a deal, there are direct payments similar to last time that are in the package,” he said of talks with House Speaker Nancy Pelosi.
• Millions of $1,200 federal checks were sent to individuals earlier this spring.
• A stimulus deal would likely carry a price tag that’s $1.5 trillion or above, and its unclear that Senate Republicans long resistant to spending would back a plan of that size.
• Visit Business Insider’s homepage for more stories.

Treasury Secretary Steven Mnuchin said on Thursday evening that any stimulus agreement will contain a second round of $1,200 direct payments to American taxpayers.

In an interview on Fox Business, Mnuchin reiterated the Trump administration’s opposition to the $2.2 trillion economic aid plan that Democrats are pressing for and said they prioritized getting people back to work instead.

But the Treasury secretary said an agreement was struck with Speaker Nancy Pelosi that an economic relief package will include federal checks for individuals.

“We have reached an agreement that if there is a deal, there are direct payments similar to last time that are …continued .
[Source: Business Insider]