Economic policy

Treasury Secretary Steven Mnuchin, left, accompanied by White House Legislative Affairs Director Eric Ueland and acting White House chief of staff Mark Meadows, speaks with reporters as he walks to the offices of Senate Majority Leader Mitch McConnell of Ky. on Capitol Hill in Washington, Tuesday, March 24, 2020. (AP Photo/Patrick Semansky)
SKY News
March 25, 2020 - 2:20 am
WASHINGTON (AP) — The White House and Senate leaders of both parties announced agreement early Wednesday on unprecedented emergency legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The urgently needed pandemic response measure is...
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 U.S. President Donald Trump speaks at the daily coronavirus briefing at the White House on March 23, 2020. The U.S. Congress continues to work on legislation for the nearly $2 trillion dollar aid package to deal with the COVID-19 pandemic.
Getty Images
SKY News
March 24, 2020 - 6:34 am
WASHINGTON (AP) — As cases of coronavirus rise, President Donald Trump said that he wants to reopen the country for business in weeks, not months, and claimed, without evidence, that continued closures could result in more deaths than the pandemic itself. "We can’t have the cure be worse than the...
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Senate Majority Leader Mitch McConnell of Ky. speaks to reporters outside the Senate chamber after Democrats blocked a coronavirus aid package on Capitol Hill, Monday, March 23, 2020, in Washington. (AP Photo/Andrew Harnik)
SKY News
March 24, 2020 - 5:31 am
WASHINGTON (AP) — Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday. Treasury Secretary Steven Mnuchin and Senate Democratic leader Chuck Schumer said they...
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President Donald Trump speaks as Vice President Mike Pence, left, and FEMA Administrator Peter Gaynor look on, during a coronavirus task force briefing at the White House, Sunday, March 22, 2020, in Washington. (AP Photo/Patrick Semansky)
SKY News
March 23, 2020 - 5:55 am
WASHINGTON (AP) — Top-level negotiations between Congress and the White House churned late into the night over a now nearly $2 trillion economic rescue package, as the coronavirus crisis deepened, the nation shut down and the first U.S. senator tested positive for the disease. As President Donald...
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In this image from video, Senate Majority Leader Mitch McConnell, R-Ky., speaks on the Senate floor at the U.S. Capitol in Washington, Saturday, March 21, 2020. (Senate Television via AP)
March 22, 2020 - 1:13 am
WASHINGTON (AP) — Top-level negotiations between Congress and the White House are pushing toward resolution on a ballooning $1 trillion-plus economic rescue package, as President Donald Trump urged a deal to steady a nation shuttered by the coronavirus pandemic. With a population on edge and...
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From left, Labor Secretary Eugene Scalia, Senate Majority Leader Mitch McConnell of Ky., Treasury Secretary Steven Mnuchin, Senate Minority Leader Sen. Chuck Schumer of N.Y., and White House chief economic adviser Larry Kudlow attend a a meeting to discuss the coronavirus relief bill on Capitol Hill, Friday, March 20, 2020, in Washington. (AP Photo/Andrew Harnik)
SKY News
March 20, 2020 - 7:56 pm
WASHINGTON (AP) — As leaders from Congress and the White House toiled in high-stakes negotiations on a mammoth $1 trillion-plus economic rescue package Friday, President Donald Trump unleashed fury on those questioning his handling of the coronavirus outbreak. It was an extraordinary moment in...
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This photo provided by the New York Stock Exchange shows trader Patrick Casey, left, and specialist Peter Mazza as they work on the trading floor on Friday, March 20, 2020. Stocks turned lower Friday after New York became the latest major state to mandate nearly all workers stay home to limit the spread of the new coronavirus. (Nicole Pereira/NYSE via AP)
SKY News
March 20, 2020 - 5:13 pm
Wall Street ended the week the same way it began: in full retreat from the coronavirus. Stocks fell sharply and the price of oil sank Friday as federal and state governments moved to shut down bigger and bigger swaths of the nation’s economy in the hope of limiting the spread of the outbreak. The...
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President Donald Trump speaks during press briefing with the coronavirus task force, at the White House, Thursday, March 19, 2020, in Washington. Food and Drug Administration Commissioner Dr. Stephen Hahn, right, and Vice President Mike Pence listen. (AP Photo/Evan Vucci)
SKY News
March 19, 2020 - 7:13 pm
WASHINGTON (AP) — Insisting the federal government is not a "shipping clerk,” President Donald Trump on Thursday called on states to do more to secure their own critically needed masks, ventilators and testing supplies as the pressure mounted on hospitals struggling to cope with a rising number of...
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People walk among U.S. flags with the U.S. Capitol in the background, Sunday, March 15, 2020, in Washington. House Speaker Nancy Pelosi, D-Calif., said Congress has started work on a new coronavirus aid package after the one just approved by the House early Saturday. (AP Photo/Jacquelyn Martin)
SKY News
March 19, 2020 - 5:53 am
WASHINGTON (AP) — The fast-moving coronavirus upending every facet of American life is testing whether Washington, a capital city fractured by years of bitter partisanship and inaction, can still do big things. Not since the Great Recession of 2008, and before that the Sept. 11 attacks of 2001, has...
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Senate Majority Leader Mitch McConnell of Ky., walks back to his office on Capitol Hill in Washington, Tuesday, March 17, 2020. (AP Photo/Susan Walsh)
SKY News
March 18, 2020 - 1:39 pm
WASHINGTON (AP) — The Treasury Department said Wednesday it wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and...
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