White House signals it could agree to more narrowly targeted stimulus checks

The Biden administration could be open to adjusting eligibility levels for the next round of coronavirus stimulus checks to ensure the relief flows to families who need the emergency funds the most, the president’s top economic advisor said Tuesday morning.

Brian Deese, who joined CNBC’s “Squawk Box” from the White House, said he has welcomed Republican feedback in recent days and the party’s focus on targeting President Joe Biden’s relief plan to those in dire financial straits.

“When it comes to the checks, we put forward a proposal that ......