Trump, Mnuchin say Pelosi must compromise to reach COVID-19 deal

FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin testifies during a Senate's Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress, in Washington, DC, U.S., September 24, 2020. Drew Angerer/Pool via REUTERS

WASHINGTON (Reuters) - U.S. President Donald Trump and U.S. Treasury Secretary Steven Mnuchin of Friday said they would back the right deal for more COVID-19 relief but that House Speaker Nancy Pelosi must compromise in order to reach a final agreement.

The Republican president, speaking to reporters at the White House, reiterated that he did not support more federal financial aid for U.S. states and cities run by Democrats and said he did not think Pelosi wanted to reach a deal ahead of next month’s presidential election.

Pelosi, in an interview with MSNBC earlier on Friday, said she hoped to reach a deal before the Nov. 3 contest but that Trump needed to wrangle his fellow Republicans in the Senate to act.

Reporting by Jeff Mason; writing by Susan Heavey, Editing by Franklin Paul