WASHINGTON (Reuters) – The U.S. Senate’s No. 2 Democrat on Friday said President Donald Trump cannot solve the need for coronavirus relief using his executive authority, one day after talks between the White House and congressional Democrats appeared to stall. “The president can make all the claims he wants, he

WASHINGTON (Reuters) – U.S. Senate majority leader Mitch McConnell said on Tuesday he would support any coronavirus aid deal worked out between the Trump administration and Democrats in Congress, adding no agreement this close to November elections would win unanimous support. “Wherever this thing settles between the president of the

WASHINGTON (Reuters) – U.S. state and local governments could need close to $1 trillion in aid over several years to cope with the aftermath of the coronavirus pandemic, House Speaker Nancy Pelosi said on Thursday as lawmakers began plotting more coronavirus relief legislation. But the Democrat’s proposal drew an immediate

WASHINGTON (Reuters) – U.S. lawmakers are very close to an agreement on approving extra money to help small businesses hurt by the coronavirus pandemic and could seal a deal as early as Sunday, congressional and Trump administration officials said. “I think we’re very close to a deal today and I’m

WASHINGTON (Reuters) – Efforts to push a further $250 billion of coronavirus aid for small businesses through the U.S. Congress were stalling on Wednesday as top Democrats said they would back the measure only if it was coupled with a similar amount for hospitals and local governments. House of Representatives

WASHINGTON (Reuters) – Democratic congressional leaders on Wednesday said they would back the Trump administration’s request for another $250 billion in aid for small businesses amid the coronavirus outbreak, but said the bill must include more funding for hospitals, local governments and food assistance. U.S. House Speaker Nancy Pelosi and

WASHINGTON (Reuters) – A far-reaching coronavirus economic stimulus package failed to advance in the U.S. Senate on Monday as Democrats said it contained too little money for hospitals and not enough restrictions on a fund to help big businesses. The 49-46 vote left the sweeping measure short of the 60

WASHINGTON (Reuters) – The U.S. Senate’s drive to pass a $1-trillion-plus coronavirus response bill remained stymied late on Sunday, as Democrats held out for more money to help state and local governments and hospitals, while Republicans urged quick action to give financial markets a sign of encouragement. Earlier on Sunday,

(Reuters) – Republican U.S. Senator Pat Toomey told CNBC on Friday that a vote in the Senate on a coronavirus economic aid package is likely to take place early next week. “It’s likely there will be a vote early next week”, Toomey said in an interview. “A vote on Monday,