Pelosi
The last hope of a stimulus deal hinged on negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin. Now Pelosi and Mnuchin have stopped negotiating on the coronavirus stimulus package and checks and started blaming each other for the lack of a deal.Coronavirus stimulus checks: Pelosi and Trump- Mnuchin play blame gameUntil Thursday, both Pelosi and Mnuchin were optimistic on reaching an agreement this week. However, the two started blaming each other on Friday for the impasse, saying a deal could be reached if the other side compromised.Pelosi told MSNBC on Friday...
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Stimulus talks have been ongoing for almost three months now. In the past three months, some have accused House Speaker Nancy Pelosi of blocking the deal. Now Rep. Rohit Khanna (D-Calif.) claims Senate Majority Leader Mitch McConnell is the one blocking a deal on the coronavirus stimulus package and checks.Was Pelosi blocking coronavirus stimulus checks?In May, House Democrats passed the HEROES Act, which cost over $3 trillion. After the negotiations started in late July, Pelosi reduced her demand to a package of about $2.2 trillion. In the meantime, the White House made a few counter offers, ...
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It is now largely believed that there won’t be any stimulus package before the election. Treasury Secretary Steven Mnuchin and President Donald Trump, however, are still making the push to come up with a better offer for the next coronavirus stimulus package and checks before the election. On Thursday, both Mnuchin and Trump re-assured their support for the next coronavirus stimulus package.Mnuchin wants to resolve differencesMnuchin, on Thursday, assured that the White House won’t let the differences over coronavirus test funding derail the negotiations. Lately, House Speaker Nancy Pelosi has...
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A coronavirus stimulus package is one of the most talked about topics nowadays. Even though the chances of another stimulus package before the election is fading fast, a positive thing is that negotiations are still not dead. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin talked about the coronavirus stimulus package and checks on Wednesday, and it is likely that the two will be negotiating again on Thursday.Q3 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: Pelosi and Mnuchin still negotiatingPelosi and Mnuchin discussed the stimulus package on Wedn...
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Ever since House Speaker Nancy Pelosi rejected the $1.8 trillion stimulus offer, she has been facing questions on why she didn’t accept it. When CNN anchor Wolf Blitzer asked the same question Tuesday, it resulted in a fiery television interview. When Blitzer pressed Pelosi on the coronavirus stimulus package and checks, she called the veteran anchor “an apologist” for Republicans and President Donald Trump.Q3 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: What did Blitzer ask Pelosi?Last week, Trump increased the offer from $1.6 trillion to $1.8 trillion. Pelosi, ho...
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In an attempt to reach a bipartisan deal, the White House came up with a $1.6 trillion offer. This package was in response to Democrats’ $2.2 trillion HEROES Act 2.0. However, House Speaker Nancy Pelosi blasted this offer, which included coronavirus stimulus checks and other benefits, saying it isn’t even “half a loaf.”Q2 2020 hedge fund letters, conferences and morePelosi doesn’t find $1.6 trillion enoughPelosi and Treasury Secretary Steven Mnuchin have been in talks since Monday to strike a deal on the relief package. During the negotiations, the White House gave a counteroffer costing about...
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After Senate Republicans came up with the so-called skinny proposal earlier last month, doubts were raised over the possibility of the second round of stimulus checks. However, on Wednesday, Treasury Secretary Steve Mnuchin revealed that both Democrats and Republicans have agreed to include coronavirus stimulus checks in the next relief package.Q2 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks will be part of relief packageMnuchin did not reveal specific details for the next round of stimulus checks. However, he did tell Fox Business that the next round of direct paym...
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Republicans and Democrats started negotiations on the next relief package in late July. After about two weeks of negotiations, the two sides went on recess with no decision on the relief package. Since then the two sides haven’t resumed negotiations. Now, there are hints that the two sides could restart negotiations on the next coronavirus relief package and stimulus checks.Q2 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: Mnuchin, Pelosi to resume talksOn Thursday at a Senate Banking Committee hearing, Treasury Secretary Steve Mnuchin informed that he had been speak...
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It’s been over a month since the negotiations over the next stimulus package ended in failure. Several efforts have been made since then to revive the talks and reach a deal but with little or no success. One such effort failed yesterday after Republicans’ so-called skinny proposal failed to pass the Senate. Such failures have left Americans wondering if there will be another round of stimulus checks. If you have the same question, then here are the possible options regarding the next coronavirus stimulus bill and more checks.Coronavirus stimulus check options: one big or several smaller packa...
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