U.S. Treasury Secretary Steven Mnuchin on Saturday said that the Trump administration supports extending enhanced unemployment benefits until the end of the year in the next round of coronavirus aid, albeit at a reduced level. The administration and the U.S. Congress have been trying to strike a deal on the next aid package as enhanced unemployment benefits of $600 a week that Congress approved earlier in the pandemic expire on July 31. Mnuchin said he had spoken on Friday with top Democrat in Congress, House Speaker Nancy Pelosi, who has said she does not want a short-term extension of unemployment insurance.
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