senatedeal
Hopes of another coronavirus stimulus reignited after Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi restarted negotiations. Though the two are seemingly close to striking a deal, Senate Majority Leader Mitch McConnell is likely to block any such deal. When President Donald Trump was asked about possible resistance from the GOP over the coronavirus stimulus and checks, he said he would take care of it in “two minutes.”Q3 2020 hedge fund letters, conferences and moreTrump confident on overcoming GOP resistanceThe White House last gave an offer of $1.8 trillion, lower than Pelos...
ValueWalk
Two parallel efforts are being made to come up with the next stimulus package. One from Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi, and the other from Senate Majority Leader Mitch McConnell. While Pelosi-Mnuchin are still to agree on a package, McConnell, on Saturday, informed that the Senate will vote on smaller coronavirus relief bills, which won’t include stimulus checks, on Tuesday and Wednesday.Q3 2020 hedge fund letters, conferences and moreMcConnell scheduled to vote on two bills without coronavirus stimulus checksOn Tuesday, the Senate will vote on a stand-alone Pa...
ValueWalk
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