Trump, Pelosi say they’re back to negotiating broad relief package
There appears to be a new sense of urgency from the White House and some congressional Republicans to reach some sort of agreement amid signs the economic recovery is weakening.
There appears to be a new sense of urgency from the White House and some congressional Republicans to reach some sort of agreement amid signs the economic recovery is weakening.
The House investigation of Amazon, Apple, Facebook and Google stopped short of calling for a breakup of any of the companies. Instead, it proposed the most sweeping overhaul of U.S. antitrust law in decades.
Hours later, President Trump appeared to edge back a bit from his call to end negotiations. He took to Twitter again and called on Congress to send him a “Stand Alone Bill for Stimulus Checks ($1,200).”
The president’s physician said in a memo late Friday that Trump received a dose of an experimental antibody cocktail by Regeneron that is in clinical trials.
Republican state Sen. Victoria Spartz and former Democratic state Rep. Christina Hale have each raised concerns about outsourcing U.S. jobs, but the candidates say they would take different approaches to curbing the problem.
President Donald Trump’s positive test comes just hours after the White House announced that senior aide Hope Hicks came down with the virus after traveling with the president several times this week.
The legislation, which passed 214-207, has no chance of advancing. But negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are continuing behind the scenes.
The White House is backing a $400 per week pandemic jobless benefit and is dangling the possibility of a COVID-19 relief bill of $1.6 trillion.
At issue is a long-delayed package that would extend another round of $1,200 direct stimulus payments, restore bonus jobless benefits, speed aid to schools and extend assistance to airlines, restaurants and other struggling businesses.
U.S. Treasury Secretary Steven Mnuchin suggested he’ll offer Democrats a proposal for roughly $1.5 trillion in pandemic relief. He said the plan is similar to one put forward by a bipartisan group of House members.
Many lawmakers are feeling intense pressure to make a new deal, with millions still out of work and cities and states delaying infrastructure projects and laying off workers because of massive revenue shortfalls.
The White House and House Speaker Nancy Pelosi, D-Calif., renewed discussions over a possible economic-relief bill as Democrats offered a $2.2 trillion package and Treasury Secretary Steven Mnuchin immediately engaged in talks.
U.S. tax law has long been kind to big real estate developers. It allows them myriad legal loopholes and breaks that can significantly shrink their tax bills.
President Donald Trump called the story by the New York Times “fake news.” His attorney said Trump has paid “tens of millions of dollars in personal taxes to the federal government” over the past decade.
During a rare Sunday hearing, the judge questioned whether TikTok had been given enough opportunity to defend itself before President Donald Trump issued an executive order last month barring the app from online stores.
The anticipated lawsuit against Google could be the government’s biggest legal offensive to protect competition since the groundbreaking case against Microsoft almost 20 years ago.
The House bill, dubbed the “Clean Economy Jobs and Innovation Act,” would support clean energy technologies through research and development funding. It also boosts electric cars and programs to finance clean energy projects.
The parameters of the new legislation were not immediately clear but it’s expected to be narrower in scope than the failed $3.4 trillion Heroes Act the House passed in May.
In a sweeping bipartisan vote, the House passed a temporary government-wide funding bill Tuesday night, shortly after President Donald Trump prevailed in a behind-the-scenes fight over his farm bailout.
Senate Republicans have swiftly fallen in line behind President Donald Trump’s push to fill the late Justice Ruth Bader Ginsburg’s Supreme Court seat. Trump, who will announce his nominee Saturday, is all but certain to have the votes to confirm his choice.