Wall Street tells Trump financial system strong, ready to support borrowers
The U.S. banking industry is strong and ready to help businesses and consumers weather economic fallout from the fast-spreading coronavirus, Wall Street chief executives told President Donald Trump during a meeting at the White House on Wednesday.
Sanders vows to remain in White House race despite more losses to Biden
A resolute Bernie Sanders said on Wednesday he would stay in the Democratic presidential race despite a series of big losses to front-runner Joe Biden, promising to keep up the public pressure for his sweeping economic and social justice proposals.
Coronavirus probe at California nursing home slowed by shortage of test kits
A shortage of coronavirus testing kits is complicating efforts by California health officials to monitor a potential outbreak of the disease at nursing home where an elderly woman died from the infectious disease this week, authorities said on Wednesda…
Pelosi says she hopes Trump administration will back House coronavirus package
U.S. House Speaker Nancy Pelosi said on Wednesday she hopes the Trump administration will back the coronavirus package that House Democrats will bring to the floor for a vote on Thursday.
Pelosi, Mnuchin hold second phone call on Wednesday on coronavirus
U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke for a second time on Wednesday about legislation to bolster the economy in the face of the coronavirus outbreak, Pelosi’s office said in a tweet.
Payroll tax cut just one option being considered in coronavirus response: U.S. Senate’s Grassley
U.S. Senate Finance Committee Chairman Chuck Grassley said on Wednesday that a payroll tax cut was just one of the options under consideration to offset the economic impact of the coronavirus pandemic.
U.S. eyes direct deposit to workers, tax delays, airline aid to counteract coronavirus
The Trump administration plans to offset economic impacts of the fast-spreading coronavirus with aid to workers and businesses that will pump hundreds of billions of dollars into the U.S. economy, Treasury Secretary Steven Mnuchin told lawmakers on Wed…
White House task force recommends anti-coronavirus strategies for four counties
The White House coronavirus task force on Wednesday recommended strategies to combat the outbreak in the hard-hit counties of King, Pierce and Snohomish in Washington state and Santa Clara in California.
Trump will make national address at 9 p.m./0100 GMT on Wednesday
U.S. President Donald Trump said on Wednesday he would deliver a national address from the Oval Office at 9 p.m. EDT (0100 GMT) amid a coronavirus outbreak.
U.S. House Democrats seek fast passage of coronavirus bill: Rep. Hoyer
Democrats in the U.S. House of Representatives on Wednesday rushed to advance a broad package of proposals to help Americans affected by the coronavirus outbreak, and also weighed the possibility of shutting the U.S. Capitol to visitors.
