U.S. administration ready to reach bipartisan COVID-19 relief agreement: Mnuchin

WASHINGTON, Sept. 22 (Xinhua) -- U.S. Treasury Secretary Steven Mnuchin said Tuesday the administration continues to try to work with Congress and is ready to reach a bipartisan COVID-19 relief agreement, noting that a "targeted" package is still needed.

"The President and I remain committed to providing support for American workers and businesses. We continue to try to work with Congress on a bipartisan basis to pass a Phase IV relief package," Mnuchin said in his testimony at a hearing before the House Committee on Financial Services.