US President Donald Trump said on Friday that he has directed Treasury Secretary Steven Mnuchin to “get ready to send direct payment” to all American.
Trump further added, via Twitter, that the payment would be $3,400 for a family of four and said that Democrats are “holding this up.”
“I am ready to have the US Treasury and the US Small Business Administration (BSA) send additional PPP payments to small businesses that have been hurt by the ChinaVirus. Democrats are holding this up,” Trump added.
Market reaction
These comments don’t seem to be having a significant impact on market sentiment. As of writing, the S&P 500 Index (SPX) was unchanged on the day at 3,373.
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