Economic policy

In this May 20, 2020, file photo, House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington. Congress is at a crossroads in the Covid-19 crisis. Lawmakers are wrestling over whether to “go big” as Pelosi wants for the next relief bill or hit “pause” as Senate Majority Leader Mitch McConnell insists. (AP Photo/Manuel Balce Ceneta)
SKY News
May 26, 2020 - 6:30 pm
WASHINGTON (AP) — Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small business aid in hopes of helping employers reopen shops and survive the pandemic. Bipartisan legislation that would give small employers more time to take...
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In this Wednesday, May 20, 2020, photo, Chinese police stand guard in front of Tiananmen Gate in Beijing. This year's version of China's biggest political meeting of the year will be unlike any other. Delayed from March because of the then-spiraling coronavirus outbreak, the decision to go ahead with the gathering signals a partial return to normalcy in the country where the pandemic first broke out. "Partial" being the operative word: The congress will be far from normal. (AP Photo/Mark Schiefelbein)
May 21, 2020 - 6:29 am
WASHINGTON (AP) — Beyond its hard-hitting rhetoric against China over its handling of the coronavirus, the White House has issued a broad-scale attack on Beijing's predatory economic policies, military buildup, disinformation campaigns and human rights violations. The 20-page report does not signal...
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Treasury Secretary Steven Mnuchin speaks as U.S. President Donald Trump looks on during the daily coronavirus task force briefing at the White House on April 21, 2020 in Washington, DC.
Getty Images
SKY News
April 21, 2020 - 6:29 pm
WASHINGTON (AP) — A $483 billion coronavirus aid package flew through the Senate on Tuesday after Congress and the White House reached a deal to replenish a small-business payroll fund and provided new money for hospitals and testing. Passage was swift and unanimous, despite opposition from...
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FILE - In this April 13, 2020, file photo President Donald Trump listens as Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room at the White House in Washington. The Trump administration and Congress are nearing an agreement as early as Sunday, April 19, on a $400-plus billion aid package to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. (AP Photo/Alex Brandon, File)
SKY News
April 20, 2020 - 12:14 am
WASHINGTON (AP) — The Trump administration and Congress expect an agreement Monday on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. As talks continued, President Donald Trump said there’s a “...
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President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 9, 2020, in Washington, as Vice President Mike Pence and Labor Secretary Eugene Scalia listen. (AP Photo/Andrew Harnik)
SKY News
April 09, 2020 - 9:48 pm
WASHINGTON (AP) — Hospitals taking money from the $2 trillion stimulus bill will have to agree not to send “surprise” medical bills to patients treated for COVID-19, the White House said Thursday. Surprise bills typically happen when a patient with health insurance gets treated at an out-of-network...
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FILE - In this March 16, 2020 file photo, chairs hang stacked on empty tables at a closed restaurant in New York. Small business owners across the country waited again Wednesday, April 8, to receive loan money under the government’s $2 trillion coronavirus relief program. Despite a few reports that some companies had received their loans, the vast majority of the hundreds of thousands of owners who began applying for the loans on Friday were still in limbo. (AP Photo/Yuki Iwamura, File)
SKY News
April 09, 2020 - 3:31 am
NEW YORK (AP) — Speed is of the essence if a federal relief program for small businesses is going to be effective in combating the damage wrought by the coronavirus lockdowns. Yet, days into the program, many Main Street businesses are still waiting for the cash infusion necessary to stay alive...
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President Donald Trump listens during a conference call with banks on efforts to help small businesses during the coronavirus pandemic, at the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Evan Vucci)
April 07, 2020 - 9:58 pm
WASHINGTON (AP) — President Donald Trump is moving aggressively to challenge the authority and independence of agency watchdogs overseeing his administration, including removing the inspector general tasked with overseeing the $2.2 trillion coronavirus rescue package that passed Congress with...
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FILE - In this Nov. 13, 2019, file photo Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington. On Wednesday, Jan. 29, 2020, the Federal Reserve issues a statement and economic projections, followed by a news conference with Fed Chair Jerome Powell. (AP Photo/Jose Luis Magana, File)
SKY News
April 06, 2020 - 5:22 pm
WASHINGTON (AP) — The Federal Reserve said Monday it will support the government's $349 billion small business lending program, which had a rocky start Friday. The Fed said that it will buy loans that banks make to small businesses as part of the program, which is being carried out by banks and the...
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President Donald Trump speaks during a coronavirus task force briefing in the Rose Garden of the White House, Sunday, March 29, 2020, in Washington. (AP Photo/Patrick Semansky)
SKY News
March 30, 2020 - 5:23 pm
WASHINGTON (AP) — Siding with public health experts' dire projections, President Donald Trump on Monday defended his decision to extend restrictive social distancing guidelines through the end of April, while bracing the nation for a coronavirus death toll that could exceed 100,000 people. “...
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Linda DeFrancesco stocks shelves with her farm's own salsa, spreads, veggies and salsa at DeFrancesco Farm Stand in Northford, Conn., Thursday, March 26, 2020. Businesses across the state are worried about the impact of the coronavirus, even the ones considered "essential" like farmers' markets and garden centers. The farm stand opens Saturday at 10 a.m. (Dave Zajac/Record-Journal via AP)
March 30, 2020 - 4:14 pm
NEW YORK (AP) — When will the money arrive? That's the urgent question for small business owners who have been devastated by the coronavirus outbreak. They're awaiting help from the $2 trillion rescue package signed into law Friday. But with bills fast coming due, no end to business closings and an...
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