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Top Federal Reserve official: Further coronavirus stimulus bill may not be needed

Top Federal Reserve official: Further coronavirus stimulus bill may not be needed
© Greg Nash

A top Federal Reserve official on Sunday suggested another coronavirus stimulus bill may not be necessary. 

James Bullard, the president and CEO of the Federal Reserve Bank of St. Louis, said the $2.3 trillion stimulus package signed by President TrumpDonald TrumpBlinken holds first calls as Biden's secretary of State Senators discussing Trump censure resolution Dobbs: Republicans lost in 2020 because they 'forgot who was the true leader' MORE late last month was "well-sized for the situation.” 

“I think you've got the right amount of resources” Bullard said in an interview on CBS’s “Face the Nation" when asked if a fourth rescue package is needed. 

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"The challenge is how are you gonna get that to the right people," he added.

Bullard also noted that "the economy was actually doing quite well going into this health situation.”  

Speaker Nancy PelosiNancy PelosiEverytown urges Rep. Marjorie Taylor Greene to resign over newly uncovered remarks Sen. Patrick Leahy returns home after being hospitalized Marjorie Taylor Greene expressed support on Facebook for violence against Democrats MORE (D-Calif.) and Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellHumanist Report host criticizes 'conservative Democrats:' They 'hold more power' than progressives Dobbs: Republicans lost in 2020 because they 'forgot who was the true leader' Biden's Cabinet gradually confirmed by Senate MORE (R-Ky.) have been feuding over a potential fourth coronavirus package

Pelosi has pushed for an additional stimulus package to further help the American public, including small businesses, while McConnell has said the next bill should be focused on health care. 

Lawmakers are out of town until at least April 20.