Bloomberg
Fauci: Seeing 'Disturbing Surge' of Covid-19 Infections
Jun.23 -- Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, says he's seeing a "disturbing surge" of coronavirus cases. He also says he hasn’t been asked to slow down testing. He speaks at a hearing of...
Bloomberg
Powell Urges Congress to Not Remove Fiscal Support Too Quickly
Jun.17 -- Federal Reserve Chairman Jerome Powell answers questions in a video conference before the U.S. House Financial Services Committee.
Bloomberg
GOP, Democrats at Impasse on Stimulus
Aug.05 -- White House negotiators say they’re no closer to agreeing with Democrats on the size and the scope of the latest stimulus package. This comes as President Donald Trump says he’s ready to take steps of his own. Bloomberg’s...
Bloomberg
U.S. Stimulus Negotiations Near Brink of Collapse
Aug.07 -- The next round of coronavirus relief hangs in the balance as talks on Thursday ended with both sides accusing the other of refusing to compromise. Bloomberg Government’s Jack Fitzpatrick has the details on “Bloomberg...
Bloomberg
Trump Eyes His Own Virus Relief Steps
Aug.03 -- In the U.S., Republicans and Democrats are struggling to hammer out a stimulus plan that they can agree on. President Donald Trump is looking to take matters into his own hands with an executive order. Bloomberg’s Kathleen Hays...
Bloomberg
U.S. Faces Dwindling Chance of Stimulus Deal as House Returns
Sep.14 -- U.S. lawmakers are returning to Capitol Hill with no movement in sight on a potential plan for Covid-19 relief funding, while some Republicans say a deal may not happen before election day. Bloomberg’s Kevin Cirilli reports on...
Bloomberg
Fed’s Powell Warns U.S. Economic Recovery ‘Highly Uncertain’
Sep.22 -- Federal Reserve Chair Jerome Powell said the U.S. economy will require further support as it has a long way to go in recovering from the coronavirus pandemic. Powell spoke during testimony before the House Financial Services...
Bloomberg
Airlines to Start Laying Off Thousands as Aid Talks Drag On
Sep.30 -- U.S. carriers couldn’t wait another day for Washington to pass another stimulus bill. They’re starting to lay off thousands of workers which adds to the job cuts that are being announced across a long list of industries ranging...
Bloomberg
Trump Halts Stimulus Talks Until After Election
Oct.06 -- President Donald Trump has ended talks on a new stimulus package, announcing on Twitter that he’s putting negotiations on hold until after the election. Democrats have been pushing a $2.2 trillion package, while the White House...
Curated Video
Congress Ready To Roll Out New COVID-19 Relief Plan
Republicans say the $908 billion plan has President Trump's support, but the deal is less than half of what Democrats had proposed.
Bloomberg
GOP Leaders Cite Progress in Stimulus Talks
Dec.16 -- U.S. Senate Majority Leader Mitch McConnell says he’s optimistic the two sides will be able to complete an understanding sometime soon. He spoke after a late night negotiating session with House Speaker Nancy Pelosi and other...
Bloomberg
U.S. Aid Plan Splits Most Contentious Items
Dec.15 -- U.S. lawmakers have revealed details of their proposed $908 billion stimulus package. It’s going to be split into two parts. Bloomberg’s Derek Wallbank reports on “Bloomberg Daybreak: Europe.”
Bloomberg
Covid-Relief Talks Down to Final Details on $900 Billion Plan
Dec.17 -- Talks continue on Capitol Hill in an effort to work out a nearly $900 billion coronavirus relief plan as lawmakers in the House of Representatives hope to hold a vote on Friday. Bloomberg’s Emily Wilkins reports on “Bloomberg...
Bloomberg
U.S. Stimulus: a Make-or-Break Moment?
Dec.15 -- The U.S. is facing a make or break moment on the virus relief package. Bloomberg’s Kathleen Hays reports on “Bloomberg Markets: Asia.”
Curated Video
Michigan GOP Rep. Paul Mitchell: "I've Had Enough"
Michigan Rep. Paul Mitchell says he's leaving the Republican party.
Bloomberg
House Passes Package Wrapping Relief, Funding, Tax Breaks
Dec.21 -- The House passes a giant year-end spending bill combining $900 billion in Covid-19 relief aid with $1.4 trillion in regular government funding and a bevy of tax breaks for businesses. Bruce Einhorn reports on "Bloomberg...
Curated Video
Biden Urges Senate To Balance Impeachment With Other Work
The president-elect noted cabinet confirmation hearings, COVID relief among "urgent business" besides impeachment.
Bloomberg
Biden’s $1.9 Trillion Stimulus Plan Faces 3-Week Deadline
Feb.22 -- This week begins a final push by Democrats to pass President Joe Biden’s $1.9 trillion stimulus plan before jobless benefits expire. Bloomberg Government’s Emily Wilkins has more on “Bloomberg Surveillance.”
Bloomberg
Powell, Yellen Face Congress Over Covid-19 Economic Response
Mar.23 -- U.S. Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell enter the political arena today. They face two days of congressional hearings over the economic policy response to the covid-19 crisis. Bloomberg’s...
Bloomberg
Congress Hits Budget Crunch Time on Debt Ceiling, Biden Agenda
Sep.15 -- Lawmakers on Capitol Hill are entrenched in multiple battles on the budget front, from a looming decision on raising the debt ceiling to Democrats looking to advance a $3.5 trillion spending plan. Bloomberg Government’s Emily...
Bloomberg
Democrats Debate Tax Outline to Fund Biden���s Economic Agenda
Senator Kyrsten Sinema agreed to a measure to fully fund President Joe Biden���s economic agenda by raising tax revenue from companies and the wealthy, while Senate Joe Manchin says he doesn���t see a deal coming any time soon. Bloomberg...
Bloomberg
Biden Pushes Last-Ditch Effort to Extend Eviction Moratorium
Jul.30 -- President Joe Biden requested Thursday that a moratorium on evictions set to expire on July 31 be extended to the end of the year. Bloomberg Government’s Emily Wilkins has the details.
Bloomberg
Schumer Says Lawmakers Struck Deal to Avoid Shutdown
Sep.30 -- Senate Majority Leader Chuck Schumer says lawmakers have reached an agreement to avoid a government shutdown this week. But the bill still doesn’t address the U.S. debt limit. And President Joe Biden’s economic agenda still...
Bloomberg
Democratic Infighting Puts Pressure on Biden’s Budget Plans
Sep.23 -- Moderate and progressive lawmakers are split on the final size of a $3.5 trillion spending package on Capitol Hill while time is also running short to raise the debt ceiling. Bloomberg Government’s Jack Fitzpatrick has the...