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President Donald Trump pauses while speaking about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 23, 2020, in Washington. (AP Photo/Alex Brandon)
SKY News
April 24, 2020 - 8:40 am

Trump signs bill inserting nearly $500B virus aid

WASHINGTON (AP) — President Donald Trump will hold a signing ceremony Friday for a bill providing a nearly $500 billion infusion of coronavirus spending, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and 1 in 6 U...
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U.S. Capitol
Getty Images
SKY News
April 23, 2020 - 6:14 pm

House passes 4th virus aid bill, delivering nearly $500B

WASHINGTON (AP) — Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs. The measure passed almost unanimously,...
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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

Senate approves $483B virus aid deal; sends to House

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

White House, Congress near deal on small business, hospital aid

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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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

Federal Reserve to boost small business lending efforts

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 before he signs the coronavirus stimulus relief package in the Oval Office at the White House, Friday, March 27, 2020, in Washington. Listening are from left, Larry Kudlow, White House chief economic adviser, Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, R-Ky., and House Minority Leader Kevin McCarty of Calif. (AP Photo/Evan Vucci)
SKY News
March 27, 2020 - 11:02 pm

Trump signs $2.2T stimulus after rapid congressional votes

WASHINGTON (AP) — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law Friday, after swift and near-unanimous action by Congress to support businesses, rush resources to overburdened health care providers and help struggling families during the deepening...
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The U.S. Capitol Building stands on April 18, 2019 in Washington, D.C.
Zach Gibson/Getty Images
SKY News
March 26, 2020 - 11:33 am

House passes virus stimulus bill, sends to Trump for signing

WASHINGTON (AP) — House Speaker Nancy Pelosi says the massive $2.2 trillion coronavirus economic relief bill approved by the Senate will pass the House on Friday with “strong bipartisan support.” Pelosi spoke to reporters at the Capitol on Thursday a day after the Senate unanimously approved the...
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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

Trump, Congress agree on $2 trillion virus rescue bill

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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A woman wearing a face mask passes by posters about precautions against new coronavirus at a subway station in Seoul, South Korea, Saturday, March 21, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Ahn Young-joon)
SKY News
March 22, 2020 - 11:57 pm

Trump directs FEMA to help states, increase supplies

SEOUL, South Korea (AP) — The Latest on the coronavirus pandemic, which has infected more than 336,000 people and killed more than 14,600. The COVID-19 illness causes mild or moderate symptoms in most people, but severe symptoms are more likely in the elderly or those with existing health problems...
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The Capitol is seen as lawmakers negotiate on the emergency coronavirus response legislation, at the Capitol in Washington, Wednesday, March 18, 2020. (AP Photo/J. Scott Applewhite)
SKY News
March 22, 2020 - 8:54 pm

At a glance: Nearly $2 trillion coronavirus rescue

A snapshot of the emerging rescue package in Congress to provide healthcare and economic aid amid the coronavirus outbreak and national shutdown. The details are subject to change as congressional leaders and the White House continue negotiating the nearly $2 trillion package. The highlights so far...
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