Aug 07 Watch 3:42 With no deal on pandemic relief bill, Trump says he’ll use executive action The White House and congressional Democrats have again failed to agree on a new pandemic relief package. House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer met with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark… Continue watching
Aug 04 Democrats, Republicans dig in on virus relief bill By Andrew Taylor, Associated Press Progress is coming slowly as lawmakers craft another major response to the coronavirus pandemic. Negotiators on the huge relief bill met Monday in the Capitol as issues like food for the poor and aid to schools moved to the forefront. Continue reading
Aug 03 Watch 5:04 Where Congress stands on a potential new pandemic relief bill COVID-19 continues to spread across the U.S., but children in some southern states returned to school Monday -- causing parents to worry about potential virus transmission. Meanwhile, negotiations over a new economic relief bill continued between the White House and… Continue watching
Jul 27 Mnuchin, Pelosi talk virus relief as deadline looms By Lisa Mascaro, Associated Press Unemployment assistance, eviction protections and other relief for millions of Americans are at stake as White House officials launch negotiations with House Speaker Nancy Pelosi on a new coronavirus aid package that's teetering in Congress. Continue reading
Jul 23 White House drops payroll tax cut after GOP allies object By Lisa Mascaro, Andrew Taylor, Associated Press The White House has reluctantly dropped a bid to cut Social Security payroll taxes as Republicans unveil a $1 trillion COVID-19 rescue package on Thursday, ceding to opposition to the idea among top Senate allies. Continue reading
Jun 30 WATCH: Mnuchin says hardest-hit businesses should be next aid focus By Martin Crutsinger, Associated Press There is about $128 billion in that program that has not been doled out from the popular Paycheck Protection Program that was designed to provide support to businesses if they keep their workers on the payroll. Continue reading
May 19 WATCH: Fed’s Powell says new lending programs to launch by June 1 By Martin Crutsinger, Christopher Rugaber, Associated Press Treasury Secretary Steve Mnuchin and Federal Reserve Chair Jerome Powell will testify Tuesday at 10 a.m. before the Senate Banking, Housing and Urban Affairs Committee. Continue reading
May 10 Trump advisers cite need to stop ‘permanent’ economic toll By Kevin Freking, Associated Press Some of President Donald Trump’s top economic advisers emphasized on Sunday the importance of states getting more businesses and offices open even as the pandemic makes its way to the White House complex, forcing three members of the administration’s coronavirus… Continue reading
Apr 09 U.S. economy unlikely to ‘boom’ post-pandemic By Josh Boak, Associated Press There are emerging signs any U.S. economic recovery will fail to match the speed and severity of the collapse that occurred in just a few weeks, despite President Donald Trump's promises of a strong rebound… Continue reading
Mar 24 WATCH: Senate delays vote on coronavirus relief bill By Associated Press Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday. Continue reading