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Trump Looking At Another $2 Trillion Stimulus Package Aimed at Infrastructure

Wednesday, April 1, 2020, 10:23:43 AM

Yesterday morning President Donald Trump went to Twitter expressing his desire to introduce a large infrastructure bill:

With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill. It should be VERY BIG & BOLD, Two Trillion Dollars, and be focused solely on jobs and rebuilding the once great infrastructure of our Country! Phase 4
— Donald J. Trump (@realDonaldTrump) March 31, 2020

Of course this coming after the US has already introduced a $2 trillion stimulus package along with a $4 trillion central banking package. This morning US Treasury Secratry was on CNBC and gave a little more colour, I suppose:

“We think it is a great time now to invest in infrastructure.” Treasury Sec. Mnuchin says there have been “ongoing conversations” about infrastructure investment plans. https://t.co/Q1AWbEAKrQ pic.twitter.com/qVXKiPkGZ8
— CNBC (@CNBC) April 1, 2020

Mnuchin didn’t deny the likelihood suggesting to expect more bills than the recently announced $2T package. It’s looking like the US has turned into some sort of communist regime; with no intention to move backwards.

We believe there will be more bills. And it’s a great time to invest in infrastructure.
US Treasury Secretary, Steven Mnuchin

Information for this briefing was found via the Twitter and CNBC. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.