Treasury Secretary Steven Mnuchin, delivers remarks on the coronavirus relief package after the Senate Republican Policy luncheon in Russell Building on Tuesday, March 17, 2020.

Tom Williams | CQ Roll Call | Getty Images

Treasury Secretary Steven Mnuchin on Sunday said Republicans have finalized their latest piece of coronavirus relief legislation, worth about $1 trillion, and intend to introduce it Monday. 

“We do have an entire plan,” Mnuchin said on “Fox News Sunday.”  “The [Trump] administration and the Senate republicans are completely on the same page,” he added. 

Mnuchin said he hopes Congress can work in a bipartisan manner to approve the Republican proposal, which is expected to have another round of $1,200 stimulus checks for Americans and liability protections for businesses and schools.

It also will modify the federal unemployment insurance supplement to include about 70% wage replacement for individuals, he said, instead of the $600 weekly payment for all recipients. That benefit, which was a key component of the $2.2 trillion CARES Act, came to an end

“We can move very quickly with the Democrats on these issues. We’ve moved quickly before and I see no reason why we can’t move quickly again,” Mnuchin said. 

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