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President Donald Trump said Thursday that stimulus talks with Democrats have turned productive, following his decision just days earlier to call them off.
Speaking on Fox Business, Trump said “now they are starting to work out.”
“We’re starting to have some very productive talks,” he said during a near-hour-long interview by telephone. He said negotiators were talking about aid for airlines and another round of payments to Americans.
House Speaker Nancy Pelosi has focused on the need for airline aid and she and Treasury Secretary Steven Mnuchin are set to discuss the issue again Thursday.
Yet Pelosi has repeatedly opposed trying to move other stimulus items on an individual basis or agreeing to a stimulus package smaller than the $2.2 trillion deal House Democrats passed before hitting the campaign trail. (The House’s $3 trillion HEROES Act, passed in May, was never acknowledged by Senate Majority Leader Mitch McConnell.)
U.S. stock futures YM00, +0.48% rose Thursday morning, pointing to a strong open.