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New Stimulus Check Could Hit Your Bank Account Next Week, Official Says



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Treasury Secretary Steven Mnuchin told CNBC on Monday that Americans who qualify for direct payments in new COVID relief legislation could see that money hit their bank accounts in a matter of days.

“The good news is this is a very, very fast way of getting money into the economy. Let me emphasize: People are going to see this money at the beginning of next week,” Mnuchin told CNBC host Jim Cramer.

Mnuchin’s comments came hours before Congress’ expected vote to approve the $900 billion Covid-19 relief bill.

Individuals including children will receive $600 in direct payments. A family of four could end up with $2,400.

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