House overwhelmingly approves Trump-backed deal on economic relief for coronavirus; bill now heads to the Senate
with an array of company executive who were invited to join him at his Rose Garden news conference to discuss the coronavirus response – despite repeated advice from his own public health experts against such contact.
President Donald Trump said the emergency declaration would give broad authority for Health and Human Services Secretary Alex Azar to waive provisions of laws and regulations to give doctors and hospital"maximum flexibility to respond to the virus.
By allowing people to remain in their car, health officials say it limits the chance for exposure. Trump said the administration is working with Google to create a web portal to direct people to those locations. ”The action I’m taking will open access up to $50 billion for states in our shared fight against his disease,” Trump said, adding that he was ordering every state to open emergency operation centers.The emergency declaration comes as Treasury Secretary Steven Mnuchin has been negotiating with Democratic leaders on Capitol Hill on legislation to stem the economic fallout from the coronavirus.
Pelosi has been in constant communication with Treasury Secretary Steve Mnuchin, who is leading negotiations for the Trump administration. Trump, who is scheduled to hold a news conference at 3 p.m. EDT, has been heavily criticized for the administration's response, including problems rolling out test kits for the virus and an Oval Office speech he delivered Wednesday that exacerbated huge losses on Wall Street. Investors were shaken by misstatements in the speech and what many saw as the lack of a broader strategy to address the crisis.
Financial authorities are ready to provide liquidity to parts of the economy taking a hit from shutdowns. He’s spoken to the airlines: "That is the next priority on my list," Mnuchin said while also mentioning hotels, the cruise industry and small businesses.Louisiana Secretary of State Kyle Ardoin announced Friday he has requested to delay the state's presidential primary for two months due to concerns over the coronavirus pandemic.
“Voting is at the very heart of who we are as a democracy,” Biden deputy campaign manager Kate Bedingfield said in a statement. “If voters are feeling healthy, not exhibiting symptoms, and don’t believe they've been exposed to COVID-19, please vote on Tuesday.”President Donald Trump and six other world leaders will hold a virtual summit Monday to coordinate a global response to the coronavirus, French President Emmanuel Macron said Friday.
The president otherwise has a relatively light public schedule, though the White House official schedule rarely reflects the totality of the president’s activities. Other than the press conference, Trump is expected to meet with “industry executives” on the virus at 1:30 p.m. EDT.Treasury Secretary Steve Mnuchin sounded a positive note Friday morning, saying a deal on a coronavirus response package with Congress was imminent.
"The Federal Reserve must FINALLY lower the Fed Rate to something comparable to their competitor Central Banks." TrumpFriday."Jay Powell and group are putting us at a decided economic & physiological disadvantage. Should never have been this way. Also, STIMULATE!"
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus: House Democrats, White House close to deal on economic stimulus packageHouse Democrats and Trump officials neared a deal on a bill to help American businesses and workers affected by the coronavirus.
Read more »
House Speaker Nancy Pelosi Says Democrats, White House Near Agreement On Coronavirus BillHouse Speaker Nancy Pelosi said that Democrats and the White House are nearing an agreement on a set of measures to address the coronavirus crisis, and that further legislation will be in the works…
Read more »
House Democrats and White House close to deal on economic stimulus package amid outbreakHouse Democrats and Trump officials neared a deal on a bill to help American businesses and workers affected by the coronavirus outbreak.
Read more »
House Democrats and White House reach deal on coronavirus aid packageThe legislation, which will be voted on soon, contains provisions for free testing, paid emergency leave and more.
Read more »
White House, House Democrats reach deal on coronavirus economic relief package, Pelosi announcesThe package negotiated by House Speaker Nancy Pelosi (D-Calif.) and Treasury Secretary Steven Mnuchin includes paid sick leave, unemployment insurance, and money for food stamps and other food security programs. It is expected to pass the House on Friday and the Senate next week.
Read more »
House Democrats and White House reach deal on coronavirus stimulus packageHouse Speaker Pelosi and Treasury Secretary Mnuchin reached a deal on an economic stimulus package to address the coronavirus, providing paid sick leave for workers and pumping billions of dollars to states for food programs and unemployment benefits.
Read more »