The United States should implement another support package to ensure workers can stay safely at home while the novel coronavirus continues to spread, Chicago Fed President Charles Evans said in an interview with CBS News released on Sunday.
Evans said it was up to U.S. lawmakers to protect small businesses and vulnerable communities with measures that ensure they can continue to pay their rent and buy food as long as the virus was not under control.
He also said that the most pessimistic economic projections involved not supporting state and local governments, which in turn would have to implement drastic cuts to support some of the federal aid measures. U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sunday said they were open to restarting COVID-19 aid talks.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
A National Lockdown Could Be The Economy's Best Hope, Says Minneapolis Fed PresidentNeel Kashkari, president of the Federal Reserve Bank of Minneapolis, is calling for a six-week lockdown to save lives and the economy.
Weiterlesen »
Bill Maher Frets About The Clintons, The Military & The Mail; Begs Chris Evans To Run For OfficeBill Maher called the Clintons “huge distractions” and wondered Friday if and how the Democrats should deploy them in the presidential campaign. “Now, Bill Clinton — people are saying that there ar…
Weiterlesen »
Trump announces executive actions after stimulus talks broke downPresident Donald Trump is moving forward with executive actions on coronavirus relief after talks with Democratic leaders broke down this week
Weiterlesen »
Trump again threatens executive orders to extend benefits after stimulus talks fall apartWhite House negotiators will recommend Trump make executive orders after stimulus talks with Democrats fell apart Friday.
Weiterlesen »