Democrats in the U.S. House of Representatives are working on a $2.2 trillion coronavirus stimulus package that could be voted on next week, a key lawmaker said on Thursday, as House Speaker Nancy Pelosi reiterated that she is ready to negotiate with the White House.
With formal COVID-19 relief talks stalled for nearly seven weeks, House Ways and Means Committee Chairman Richard Neal said new legislative efforts got under way this week after Federal Reserve Chairman Jerome Powell said in congressional testimony that lawmakers needed to provide further support for an economy reeling from the pandemic.
He predicted a vote could come within days. “I assume, since the House is scheduled to break for the election cycle, then I think next week’s ... appropriate,” said Neal, adding that Pelosi would determine when a legislative package might be introduced. Stocks reacting positively to the announcements from Congress, with the S&P reaching a session high shortly after, before paring some gains.
“We’re ready for negotiation,” Pelosi told reporters on Thursday, saying she had last spoken to Mnuchin on Wednesday.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Judge orders White House to provide sign language interpreters at Covid briefingsThe decision will help those who are deaf or hard of hearing 'make better decisions on how to stay safe from the pandemic,' said National Association of the Deaf CEO Howard A. Rosenblum.
Weiterlesen »
House Democrats unveil package of reforms aimed at TrumpThe legislation has virtually zero chance of becoming law this year, but it's a wish list of policy changes related to everything from government spending at Trump's properties to his targeting of whistleblowers and firing of inspectors general.
Weiterlesen »
U.S. House Democrats unveil democracy protection package aimed at TrumpDemocrats in the U.S. Congress on Wednesday unveiled a new package of democratic reforms aimed at President Donald Trump, saying it would curb future presidential abuse and protect U.S. elections against foreign interference. Less than six weeks before the Nov. 3 election, top Democrats in the House
Weiterlesen »
Stimulus Update: House Democrats Reportedly Considering New, Smaller Relief PackageHouse Democrats could introduce a smaller stimulus bill next week.
Weiterlesen »
House Democrats prepare new $2.4 trillion stimulus plan with unemployment aid, direct paymentsHouse Democrats could move to vote on the new coronavirus stimulus proposal as soon as next week.
Weiterlesen »
House passes funding bill with GOP support to avert looming government shutdownThe House passed a bipartisan spending bill after reaching a deal with the White House to avert a government shutdown at the end of the month, keeping the federal government open until December. The resolution now heads to the Senate.
Weiterlesen »