Домой United States USA — Financial Stimulus negotiations stall,White House considers executive orders

Stimulus negotiations stall,White House considers executive orders

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Negotiations on the next COVID-19 relief bill fell apart Friday, with Democratic leaders and administration officials failing to meet their self-imposed deadline for a deal.
Aug.7 (UPI) — Negotiations on the next COVID-19 relief bill fell apart Friday, with Democratic leaders and administration officials failing to meet their self-imposed deadline for a deal. Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows said they plan to urge President Donald Trump to sign executive orders to extend unemployment benefits and eviction protections. An order could also provide student loan assistance, beyond a deferment program set to expire Sept.30. We «will recommend to the president based upon our lack of activity today to move forward with some executive orders,» Mnuchin told reporters after Friday’s failed meeting. «It’s going to take us a little bit of time to finalize these and process them.» The White House scheduled a last-minute news conference for Trump at 7 p.m., at which time he’s expected to speak on stimulus legislation.White House negotiators previously suggested a short-term stopgap measure that would extend the unemployment, eviction and student loan relief, but Democrats opposed the idea. «When you’re having an opportunity like this to do something for the American people, it’s an opportunity, but we can’t have it be a missed opportunity to do that by settling for something so low, so beneath meeting the needs of the American people,» House Speaker Nancy Pelosi said.

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