Senators from both sides of aisle still want fixes. Problems exist with a drafting error on the coronavirus stimulus package that would encourage layoffs and risk life-threatening consequences…
Read MoreEconomy
Task Force Briefing for Wednesday
Making progress against COVID-19. President Trump said America continues to gain ground in the fight against the coronavirus. We want to get back to normal as quickly as…
Read MoreWhite House and Congress Agree on Virus Stimulus Package
$2 trillion in aid apportioned to citizens, companies, and local governments Early on Wednesday morning, members of Congress and the White House agreed on the contents of a…
Read MoreNew Home Sales Drop in February
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…
Read MoreSenate 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…
Read MoreDirector 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…
Read MoreTuesday 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…
Read MoreFed 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…
Read MorePresident 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…
Read MoreSenate 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…
Read More