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$2,000 Stimulus Checks Would be a Mistake: Summers

Dec.25 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor and adviser to Pres.-elect Biden's campaign, says that increasing direct stimulus payments to $2,000 would risk temporarily overheating the economy, because it would not contribute to consumer spending in the sectors that need it. He joins David Westin on "Bloomberg Wall Street Week."