President Trump
Donald Trump Senators reach agreement on Fed powers, paving the way for the passage of coronavirus relief Nearly 200 organizations allegedly hacked by Russia: cybersecurity firm Trump appointed Sidney Powell as special attorney for election fraud investigation: reports MORE signed an ongoing resolution Sunday night that will fund the government for the next 24 hours, avoiding a closure just before midnight and giving Congress extra time to pass a coronavirus relief measure and a government funding bill d ‘$ 1.4 trillion.
The White House announced shortly before midnight that Trump signed the bill shortly after the House and Senate passed the measure Sunday evening. Congress is expected to pass the government’s stimulus package and funding law on Monday. The government would have closed at midnight without extending a funding day.
Continued resolution was needed after the stimulus talks reached a standstill over the weekend. It is the second such measure Trump has signed in the past two days, after a two-day short-term bill was passed on Friday evening.
Leader of the Senate majority Mitch McConnell
Addison (Mitch) Mitchell McConnell Senators reach agreement on Fed powers, setting the stage for coronavirus relief passage The agreement on coronavirus relief depends on talks over the borrowing powers of the Fed. Fed (R-Ky.) It was announced Sunday evening that Congress negotiators had finalized an agreement that would link a $ 1.4 trillion government funding bill with approximately $ 900 billion in more coronavirus relief, a significant bipartisan progress after months of intermittent talks.
A late disagreement over Federal Reserve credit powers threatened the broader deal over the weekend, but it was resolved around midnight on Saturday by a bipartisan group, paving the way for a deal.
Trump has hardly participated in stimulus talks, but has kept his attention on the dispute over the election results that saw him defeated by the president-elect. Joe Biden
Joe BidenCHC urges Biden to choose Latinos to lead Department of Education, SBA: report that Louisiana’s elected representative hospitalized as a precaution for COVID-19 infection Biden and Netanyahu can carefully nurture US-Israel ties MORE.
Still, Trump has pushed for the inclusion of direct payments to Americans. He tweeted on Saturday afternoon that Congress had to reach a stimulus agreement, pressuring lawmakers to give “more money in direct payments.”
The Washington Post reported last week that Trump wanted to demand direct payments of at least $ 1,200 and up to $ 2,000, but that aides intervened to prevent him from making the lawsuit. The deal announced Sunday includes a $ 600 round of direct payments to certain Americans.
Trump told reporters earlier this month that he would support a coronavirus relief package if Congress reached an agreement, and aides indicated Sunday that he would support it.