Pelosi Rebuffs Mnuchin ‘Overture’ With Relief Talks in Limbo

House Speaker Nancy Pelosi said she rebuffed an “overture” from Treasury Secretary Steven Mnuchin to restart talks on a new round of U.S. pandemic relief because the White House hadn’t budged from demands for a smaller stimulus.

But Mnuchin said it was Pelosi who refused to compromise, and the negotiations remained in limbo with no sign of the stalemate easing.

“We have made clear to the administration that we are willing to come down $1 trillion if they will come up $1 trillion,” Pelosi said Wednesday in a joint statement with Senate Democratic leader Chuck Schumer. “We are willing ...