The $3 trillion HEROES Act passed the majority-Democrat House, but the bill will still need to pass the Republican-controlled Senate and be signed by President Donald Trump before going into law. Trump has threatened to veto the bill, but according to some reports, he's warming up to the idea of sending out more stimulus money.
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Senior White House economic adviser Kevin Hassett told CNN Friday that another phase of stimulus is “pretty likely,” adding that something will be needed to lift the country’s economy amid record unemployment.
Hassett said he and other staffers had an economic team meeting with Trump last week. He also said that some technical things would need to be worked out.
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Hassett was likely referring to the process in which people can receive the checks, which was marred by issues with tracking, direct deposit, and payment amounts.
“I think it’s coming sooner rather than later,” Hassett said in response to a timeline, offering few details.