President of the house Nancy PelosiNancy PelosiPelosi says Trump’s decision to reverse the fair housing rule is a “betrayal of our nation’s founding values.” The Trump administration sending a border tactical team to Seattle Trade negotiations must not interrupt internal debate PLUS (D-Calif.) And minority leader of the Senate Charles …
Read More »Congress ready to fight as unemployment cliff looms
Congress is moving toward a showdown over federal unemployment benefits, with millions of Americans in the balance. As part of the March $ 2.2 trillion coronavirus bill, Congress agreed to a $ 600 per week increase in unemployment benefits, but they will begin to expire in a matter of days. …
Read More »The Republican Party’s coronavirus plan will include a $ 1,200 stimulus test for some people
An upcoming Republican Senate coronavirus proposal will reflect a March stimulus bill that included a one-time $ 1,200 stimulus check for some Americans, according to a senior negotiator. treasury secretary Steven MnuchinSteven Terner Mnuchin Republicans will begin unveiling the coronavirus package Thursday. The Republican Party may face tax reduction options …
Read More »“We want a stable dollar,” says US Treasury Secretary Mnuchin: “It is the world’s reserve currency and we are going to protect that.”
Treasury Secretary Steven Mnuchin says the Trump administration’s goal is a stable US dollar, while, separately, he notes that some foam is seeping into the stock market that has risen from its coronavirus lows to end of march. “ “Clearly there are some individual stocks, I’m not going to mention …
Read More »The Republican Party’s unemployment plan would have a 70% wage replacement
The Republican coronavirus relief plan will extend the improved unemployment insurance “based on a wage replacement of about 70%,” Treasury Secretary Steven Mnuchin said Thursday. He spoke to CNBC about the status of the negotiations hours after Republicans in the Senate and the Trump administration said they reached a tentative …
Read More »