Mnuchin Calls for Targeted Stimulus Package at Hearing

The transcript discusses the bipartisan efforts to deliver the largest economic relief package in American history, highlighting the Federal Reserve's role in recovery through lending facilities. It notes the economic rebound due to the CARES Act but acknowledges that some industries still need more relief. The administration is committed to supporting American workers and businesses and is working with Congress on a phase four relief package. The transcript concludes with a call for the Senate to pass a bipartisan continuing resolution.

What was the primary goal of the bipartisan efforts mentioned in the first section?

• To deliver the largest economic relief package

• To increase taxes

• To reduce government spending

• To implement new trade policies

Which act is mentioned as having enabled a significant economic rebound?

• The Affordable Care Act

• The CARES Act

• The Patriot Act

• The Economic Growth Act

What is the focus of the second section regarding industries affected by the pandemic?

• They have fully recovered

• They require more relief

• They are unaffected

• They are expanding rapidly

What is the administration's stance on a targeted relief package?

• It is unnecessary

• It is still needed

• It should be delayed

• It should be canceled

What legislative action is encouraged in the third section?

• To implement new tariffs

• To pass a new tax bill

• To pass the bipartisan continuing resolution

• To repeal the CARES Act