Economic policy

Treasury Secretary Steven Mnuchin , center, walks to a Republican luncheon, Tuesday, July 21, 2020, while attending meetings on Capitol Hill in Washington. In the background at center left is White House Chief of Staff Mark Meadows. (AP Photo/Jacquelyn Martin)

This Wednesday, Oct. 30, 2019 file photo shows Ohio State Representative Larry Householder (R), of District 72, stands at the head of a legislative session as Speaker of the House, in Columbus. FBI agents were at the farm of Householder on Tuesday morning, hours ahead of a planned announcement of a $60 million bribe investigation by federal prosecutors. (AP Photo/John Minchillo, File)

FILE - In this Feb. 13, 2020 file photo, President Donald Trump's nominee to the Federal Reserve, Judy Shelton, appears before the Senate Banking Committee for a confirmation hearing, on Capitol Hill in Washington. In a shift, the Senate Banking Committee is likely to back President Donald Trump's unconventional nomination of Shelton for the Federal Reserve's Board of Governors in a party-line vote Tuesday, July 21. (AP Photo/J. Scott Applewhite, File)

German Chancellor Angela Merkel, left, and French President Emmanuel Macron walk onto the podium prior to a media conference at the end of an EU summit in Brussels, Tuesday, July 21, 2020. Weary European Union leaders finally clinched an unprecedented budget and coronavirus recovery fund early Tuesday, finding unity after four days and as many nights of fighting and wrangling over money and power in one of their longest summits ever. (John Thys, Pool Photo via AP)

Senate Majority Leader Mitch McConnell of Ky., listens as President Donald Trump speaks during a meeting in the Oval Office of the White House, Monday, July 20, 2020, in Washington. (AP Photo/Evan Vucci)

FILE - In this May 22, 2020, file photo the Dome of the U.S. Capitol Building is visible through heavy fog in Washington. With COVID-19 cases hitting alarming new highs and a grim rising death toll, the pandemic's devastating cycle is happening all over again, leaving Congress little choice but to engineer another costly rescue. (AP Photo/Andrew Harnik, File)

FILE - In this April 2, 2014, file photo, members of the media wait outside of the Bernie Beck Gate, an entrance to the Fort Hood military base in Fort Hood, Texas. Federal agents have seized more than 20 vehicles and the money in 10 bank accounts from a couple of U.S. Army veterans in Texas, who they say used personal information stolen from soldiers to defraud the military out of as much as $11 million. In an affidavit filed in court in June 2020 seeking to search the couple's home in Killeen, near Fort Hood, investigators described how they allegedly used a transportation reimbursement program to swindle the Army out of $2.3 million to $11.3 million. (AP Photo/Tamir Kalifa, File)

House Speaker Nancy Pelosi of Calif., pauses during a news conference on Capitol Hill in Washington, Wednesday, July 15, 2020, to mark two months since House passage of "The Heroes Act" or the Health and Economic Recovery Omnibus Emergency Solutions Act. (AP Photo/Andrew Harnik)

FILE- In this Tuesday, Feb. 25, 2020 file photo, robots work on an electric car ID.3 body at the assembly line during a press tour at the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany. The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up despite a deeply painful recession, mainly thanks to the action of governments. (AP Photo/Jens Meyer, file)

FILE - In this June 29, 2019, file photo President Donald Trump, left, poses for a photo with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan. China has fast become a top election issue as President Donald Trump and Democrat Joe Biden engage in a verbal brawl over who's better at playing the tough guy against Beijing. (AP Photo/Susan Walsh, File)