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House Speaker Nancy Pelosi expressed optimism Sunday that she and Treasury Secretary Steven Mnuchin can reach a deal on a stimulus package that many expect to include another round of $1,200 direct payments to most Americans.

Treasury Secretary Steven Mnuchin said he and House Speaker Nancy Pelosi agreed to revive talks on an aid package expected to include $1,200 direct payments.

The heads of the Federal Reserve and Treasury Department were back on Capitol Hill today to update the Senate on the status of the economy as the pandemic rages on in the U.S.

The Democratic-controlled chamber could also pass the measure next week if talks fall through to demonstrate that the party isn’t giving up on passing virus relief before the election.

Billionaire Mark Cuban is pushing the idea of $1,000 stimulus checks being sent to American households every two weeks for the next two months.

Lawmakers on both sides are doubtful a coronavirus relief deal will come before the November election.

The stalemate is politically risky for all sides heading into the fall election, and both sides accused the other of acting primarily with political calculations in mind.

Trump put pressure on negotiators for both sides, urging Republicans to “go for the much higher numbers.”

Despite a push from President Donald Trump for lawmakers to explore a coronavirus aid package that would include a second round of stimulus checks, members of Congress left Washington for the weekend no closer to an agreement.

After calling Democrats “heartless” for not supporting previous plans, Trump tweeted, “Go for the much higher numbers, Republicans, it all comes back to the USA anyway (one way or another!).”

A set of powerful Democratic committee chairs swung against the proposal that includes $1,200 checks saying it “leaves too many needs unmet”