4.4% drop due to the end of winter and COVID-19. The Commerce Department released the nation’s housing numbers on Tuesday, revealing the beginning of the effects of COVID-19…
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Senate and White House Reach $2T Deal
Treasury secretary said the president is “pleased.” The White House and Senate leaders reached a deal in the wee hours of Wednesday morning on a massive stimulus package…
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Director Kudlow Calls for Phase 3 of Stimulus
The legislation is urgently needed to bolster the economy. During Tuesday’s White House Coronavirus briefing, Director of the United States National Economic Council Larry Kudlow said that negotiations…
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Tuesday Virus Task Force Briefing
President says “America needs to be a truly independent nation.” President Trump said that America is beginning to see the “light at the end of the tunnel,” as…
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Fed Commits to Aid Markets Amid COVID-19 Pandemic
National Bank will buy unlimited government-backed loans. The Federal Reserve announced on Monday that it would be taking even more drastic measures to shore up the U.S. economy…
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President and Task Force Engage in “Town Hall”
White House is not considering a nationwide lockdown. President Trump, Vice President Pence and other members of the coronavirus task force appeared in the Rose Garden at the…
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Senate Continues Work on Emergency Aid Package
Officials believe they will reach a deal before the end of day Tuesday. Treasury Secretary Steven Mnuchin and Senate leaders believe that they will reach a deal today…
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Senate Fails To Reach Stimulus Deal
Important votes are sidelined by virus. Hopes of a quick stimulus deal unraveled on Sunday as four major congressional leaders and Treasury Secretary Steven Mnuchin failed to break…
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Treasury Secretary Extends Tax Deadline
Payments will not be due until July 15. Treasury Secretary Steven Mnuchin announced on Friday that U.S. Taxpayers would be offered a three-month extension to file their taxes…
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Federal Reserve Taking Aggressive Measures
Actions go beyond 2008 financial crisis. A broad slate of programs to make sure credit flows to businesses and consumers crippled by coronavirus safety measures has been announced…
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