Good morning and welcome to Fox News First. Here's what you need to know as you start your day ...
White House, Democrats closing on new $450B coronavirus package for small businesses, Trump and Mnuchin say
The White House and Democrats are inching closer to a deal that will replenish the $350 billion coronavirus emergency fund and the vote could happen as early as this week.
The White House and Democrats are inching closer to a deal that will replenish the $350 billion coronavirus emergency fund and the vote could happen as early as this week.
President Trump talked about $450 billion total package during his Sunday evening press briefing and told reporters that he thinks “you could have a nice answer tomorrow [Monday], but we’ll see.” U.S. Treasury Secretary Steven Mnuchin told CNN Sunday that he hopes the package will be voted on in the Senate on Monday, and pass the House on Tuesday.
Trump has released a three-phase strategy to reopen the country, sending the S&P 500 index up 28 percent since its low late last month. The U.S. economy has been stung by the coronavirus outbreak due to state shelter-in-place orders and concerns about a second wave once restrictions are lifted. Click here for more on our top story.
Other related developments:
- To get all the latest news on coronavirus and more delivered daily to your inbox, sign up here.
- Click here for Fox News' full coverage of the coronavirus pandemic
- Rep. Gaetz: 'Hypocrite of the House' Pelosi 'directly responsible' for death of US businesses
- Schumer defends adding demands to small business relief
- To get all the latest news on coronavirus and more delivered daily to your inbox, sign up here.
- Click here for Fox News' full coverage of the coronavirus pandemic
- Rep. Gaetz: 'Hypocrite of the House' Pelosi 'directly responsible' for death of US businesses
- Schumer defends adding demands to small business relief
No hay comentarios:
Publicar un comentario