U.S. House Speaker Nancy Pelosi (D-CA) delivers a statement on a coronavirus economic aid package ahead of a vote in the House of Representatives on Capitol Hill in Washington, U.S., March 13, 2020.
Yuri Gripas | Reuters
House Speaker Nancy Pelosi on Friday called for another bill to expand the provisions in the $2 trillion package Congress passed last week to limit the economic devastation from the coronavirus pandemic.
“Right now, I think that we have a good model. It was bipartisan, it was signed by the president. But it’s not enough,” Pelosi told CNBC’s “Squawk on the Street, after the government employment report showed the U.S. economy lost 701,000 jobs in early March as businesses started to close.
The California Democrat said she wants more direct payments to individuals, beyond the chunks of up to $1,200 lawmakers just approved. She pushed for more small business loan funding beyond the $350 billion in the last law, and to extend beefed up unemployment insurance for two more months.
“Let’s do what we just agreed to, except make it more current,” the speaker said about what she wants to see in a fourth response bill.
This story is developing. Please check back for updates.