Trump in ‘no rush’ on new relief bill

Bloomberg

President Donald Trump declared he’s in no hurry for Congress to pass more stimulus measures to help the economy, hours after the Labor Department announced an unprecedented 20 million jobs were lost in April.
“We’re in no rush,” Trump said while meeting with about two dozen House Republicans, who spent an hour taking turns
complimenting and congratulating the president for his
response to the coronavirus outbreak that’s cratered the economy. Congressional Democrats, Trump said, “want things, and we’re happy with what’s gone on — we got what we needed. But at the same time, we want to do what’s right for the country.”
Trump signed a $2.2 trillion stimulus into law in late March that’s provided payroll support to small businesses, $1,200 direct payments to families and boosted unemployment checks for millions of people out of work. The small business program’s initial $454 billion was retopped with $310 billion last month. But Democrats have said the federal government needs to assist states facing huge budget shortfalls, as well as directing more aid to struggling families and small businesses.
The earlier rounds of stimulus were passed on an overwhelmingly bipartisan basis, as Congress anticipated massive job losses from the social-distancing practices Americans adopted to combat the coronavirus outbreak. House Speaker Nancy Pelosi, a California Democrat, has said the next relief package should be “big and bold,” but she faces a divide in her party between between liberals who want an expansive package and moderates in tightly contested districts who want to compromise with Republicans.
Trump’s top economic adviser, Larry Kudlow, described talks about a next round of stimulus as “in a lull right now” in remarks following the jobs report. “We just had another big infusion. We put all this money in, which is fine,” Kudlow told reporters at the White House.
Jared Kushner, a Trump adviser and the president’s son-in-law, told Fox Business Network that the president is “looking at a lot of ideas,” holding discussions with his economic team and has various plans that can be put in place.
“We’ve seen a lot of data — some, obviously, is encouraging — and we want to see the results of the tremendous and historic programs that we put in place before we decide what we want to do in the next step,” Kushner said in the interview.