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April 7, 2020
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Mitch McConnell

CBS US News

McConnell backs boost in funding for Paycheck Protection Program

CBS News
CBS News – For more and to sign up click here Washington — Senate Majority Leader Mitch McConnell said Tuesday that he will work with Minority Leader Chuck Schumer and Treasury Secretary Steve Mnuchin to approve more funding for the Paycheck Protection Program, a key part of the $2.2 trillion......
CNBC Business

Senate will vote to pass more small business aid Thursday, McConnell says

CNBC
CNBC – For more and to sign up click here Senate Majority Leader Mitch McConnell, Republican from Kentucky Sarah Silbiger | Bloomberg | Getty Images Senate Majority leader Mitch McConnell said he hopes to approve further funding Thursday to buoy small businesses devastated by the coronavirus pandemic. “I will work with......
CNBC Business

5 things to know before the stock market opens April 7, 2020

CNBC
CNBC – For more and to sign up click here 1. Dow set to surge after closing 1,600 points higher New York Stock Exchange building is seen at the Financial District in New York City, United States on March 29, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Dow......
CNBC Business

Conservative dark money groups set to battle over DC Circuit seat

CNBC
CNBC – For more and to sign up click here Conservative dark money groups are preparing for one of their biggest battles of the year over President Donald Trump’s new pick to fill the a seat on a court that once included Supreme Court Justice Brett Kavanaugh.  Trump on Friday......
CNBC Business

Nancy Pelosi unveils new committee to oversee White House

CNBC
CNBC – For more and to sign up click here US House Speaker Nancy Pelosi speaks with reporters during her weekly press conference at the US Capitol March 26, 2020, in Washington, DC. Alex Edelman | AFP | Getty Images House Speaker Nancy Pelosi on Thursday announced a new House......
CNBC Business

Nancy Pelosi proposes infrastructure bill

CNBC
CNBC – For more and to sign up click here U.S. House Speaker Nancy Pelosi, a Democrat from California, speaks to members to the media after participating in a signing ceremony of H.R. 748, Coronavirus Aid, Relief, and Economic Security (CARES) Act, alongside congressional leadership in the Rayburn Room of......
CNBC Business

Trump will hear options this weekend on plan to reopen economy

CNBC
CNBC – For more and to sign up click here President Donald Trump speaks during a press conference on the COVID-19, coronavirus, outbreak flanked by US Vice President Mike Pence at the White House in Washington, DC on March 25, 2020. Mandel Ngan | AFP | Getty Images President Donald......
CBS US News

House poised to take up coronavirus relief bill on Friday

CBS News
CBS News – For more and to sign up click here Washington — The House is expected to vote Friday on a massive relief package responding to the economic fallout of the coronavirus pandemic, after the Senate unanimously passed the measure late Wednesday night.  The bill, which carries a price......
CNBC Business

Coronavirus stimulus checks will come within three weeks, Mnuchin says

CNBC
CNBC – For more and to sign up click here Treasury Secretary Steven Mnuchin said Thursday that people will start getting relief checks within three weeks, as the country reels from the coronavirus pandemic. Mnuchin spoke to CNBC the morning after the Senate passed a $2 trillion stimulus package intended......
CNBC Business

Here’s what’s in the $2 trillion relief bill

CNBC
CNBC – For more and to sign up click here A view of the Capitol’s Rotunda is seen reflected in an ambulance as negotiations on a COVID-19 economic bailout continue on Capitol Hill March 24, 2020, in Washington, DC. Brendan Smialowski | AFP | Getty Images The Senate released an......
CNBC Business

Senate set to vote on coronavirus stimulus bill Wednesday night

CNBC
CNBC – For more and to sign up click here The Senate is planning to vote on a massive $2 trillion relief bill late Wednesday or early Thursday, after a last-minute fight over a proposed unemployment provision delayed proceedings on Wednesday, people familiar with the situation told CNBC. The Senate......
CBS US News

Senate to move forward on coronavirus stimulus bill after striking deal

CBS News
CBS News – For more and to sign up click here Washington — The Senate is expected to vote Wednesday on a $2 trillion stimulus bill responding to the economic fallout of the coronavirus pandemic, after lengthy negotiations between congressional Democrats and Trump administration officials resulted in an early morning......
CNBC Business

Trump wants to reopen US economy by Easter

CNBC
CNBC – For more and to sign up click here US President Donald Trump (L) speaks during a virtual town hall meeting from the Rose Garden of the White House in Washington, DC, on March 24, 2020. Mandel Ngan | AFP | Getty Images President Donald Trump said Tuesday that......
CNBC Business

Pelosi to release stimulus bill as Senate plan stalls

CNBC
CNBC – For more and to sign up click here U.S. House Speaker Nancy Pelosi, a Democrat from California, speaks during a news conference on Capitol Hill in Washington, D.C., U.S., on Thursday, March 5, 2020. Sarah Silbiger | Bloomberg | Getty Images House Democrats will introduce a sprawling plan......
CBS US News

Senate set to try again with vote to move forward with coronavirus package

CBS News
CBS News – For more and to sign up click here Washington — The Senate is set to make its second attempt Monday to move forward with a massive stimulus package to provide economic relief to American workers and industries battered by the coronavirus outbreak.  The upper chamber is scheduled......
CBS US News

Senate adjourns with plans to meet again Sunday on coronavirus stimulus package

CBS News
CBS News – For more and to sign up click here The Senate scheduled a vote for Sunday to proceed with the coronavirus stimulus package, Majority Leader Mitch McConnell said Saturday. The Senate adjourned Saturday afternoon until 2 p.m. Sunday, and they will vote at 3 p.m. on whether to......
CNBC Business

Here’s how your rescue check from the government could be taxed

CNBC
CNBC – For more and to sign up click here cmannphoto | Getty Images Many Americans may soon get checks in their hands from the government. But Uncle Sam could also claw back some of that money. Information about how much those checks will be – and whether or not......
CNBC Business

Senate GOP bill caps executive pay at $425,000

CNBC
CNBC – For more and to sign up click here US Senate Majority Leader Mitch McConnell, Republican of Kentucky, holds a press briefing about legislation in response to the novel coronavirus, COVID-19, at the US Capitol in Washington, DC, March 17, 2020. Saul Loeb | AFP | Getty Images Executives......
CNBC Business

Senate GOP releases plan with up to $1,200 in cash payments

CNBC
CNBC – For more and to sign up click here Senate Majority Leader Mitch McConnell, a Republican from Kentucky, speaks during a news conference after a weekly caucus meeting at the U.S. Capitol in Washington, D.C., on Tuesday, Jan. 14, 2020. Al Drago | Bloomberg | Getty Images Senate Republicans......
CBS US News

McConnell set to unveil massive “phase 3” coronavirus stimulus bill as crisis deepens

CBS News
CBS News – For more and to sign up click here Washington — Senate Majority Leader Mitch McConnell is set to unveil a massive spending package to respond to the economic fallout of the coronavirus outbreak as early as Thursday, the third phase of the legislative response to the pandemic that......

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