Fed may finance medical response and more under U.S. House bill
The U.S. Congress is considering authorizing the Federal Reserve to pay the tab as local governments ramp up shipments of testing equipment, masks and ventilators...
Aid bill has ‘unemployment insurance on steroids’: Schumer
U.S. Senate Democratic Leader Chuck Schumer on Tuesday said lawmakers are close to an agreement on a massive coronavirus aid bill that he said would...
Trump is prepared to use emergency act if needed, says VP Pence
President Donald Trump is prepared to use the Defense Production Act but industry has been stepping forward, U.S. Vice President Mike Pence said on Fox...
Democrats, Republicans say deal near on $2 trillion U.S. coronavirus aid
Senior Democrats and Republicans said on Tuesday they were close to a deal on a $2 trillion coronavirus economic stimulus package, raising hopes that the...
Pelosi says she’s optimistic coronavirus relief deal can be reached on Tuesday
U.S. House Speaker Nancy Pelosi said she was hopeful that lawmakers could finalize a coronavirus economic stabilization bill on Tuesday, but that a vote may...
U.S. Congress wrestles with mechanics of voting in coronavirus crisis
Even as the U.S. Congress works on a massive relief bill to stem the toll of the coronavirus pandemic that has sickened three of its...
McConnell, Pelosi, Mnuchin see deal soon on $2 trillion U.S. coronavirus aid
Senior Democrats and Republicans said on Tuesday they were close to reaching a deal on a $2 trillion coronavirus economic stimulus package, raising hopes that...
House Speaker Pelosi sees ‘real optimism’ for coronavirus deal in next few hours: CNBC
Democratic U.S. House Speaker Nancy Pelosi said that later on Tuesday Congress could soon reach a deal to pass an economic relief package for the...
Pelosi sees ‘real optimism’ on $2 trillion U.S. coronavirus aid bill deal
Democrats and Republicans said on Tuesday they were close to reaching a deal on a $2 trillion coronavirus economic stimulus package, raising hopes that the...
Senate, administration optimistic on deal for massive coronavirus aid bill
The U.S. Senate could pass a $2 trillion coronavirus economic stimulus package as soon as Tuesday, negotiators said, insisting they had made significant progress despite...