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Mitch McConnell poured cold water on the $908 billion COVID-19 stimulus plan, arguing that Trump would veto it

1 month ago   |   By Business Insider

Summary List Placement Senate Majority Leader Mitch McConnell has said President Donald Trump's veto would hold up a $908 billion bipartisan stimulus bill from passing.
In a statement circulated to media outlets on Wednesday, McConnell said that only his much smaller proposal reflects "what the President is ready to sign into law."
"At the risk of repeating something we all know, making law will require not just the Senate's approval, but also the signature of the President of the United States," McConnell's statement read.
The $908 billion bill , which was backed on Wednesday by House...
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Pelosi and Schumer ditched the secret COVID-19 stimulus plan they sent direct to Mitch McConnell when they publicly backed the $908 bipartisan package instead

Pelosi and Schumer ditched the secret COVID-19 stimulus plan they sent direct to Mitch McConnell when they publicly backed the $908 bipartisan package instead

1 month ago   |   By Business Insider

Summary List Placement House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer abandoned a secretive COVID-19 stimulus proposal when they publicly backed a $908 billion bipartisan bill.
The pair had quietly taken a proposal directly to Senate Majority Leader Mitch McConnell on Monday night, The Washington Post reported .
Its details were unclear, with Schumer calling it a "private proposal" which the two leading Congressional Democrats made in the hope of edging closer to an agreement.
But the idea was dropped when Pelosi and Schumer released a joint statement backing a...
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2 National Guard troops were pulled off security for Biden's inauguration...

2 National Guard troops were pulled off security for Biden's inauguration over ties to far-right groups

Summary List Placement Two National Guard members were pulled off the security mission for President-elect Joe Biden's inauguration, the Associated Press reported Tuesday... Read more ...

Biden's pick for assistant health secretary would be the first transgender...

Biden's pick for assistant health secretary would be the first transgender person confirmed by the Senate

Summary List Placement President-elect Joe Biden on Tuesday announced his intention to nominate Dr. Rachel Levine , a physician and Pennsylvania's current secretary of health... Read more ...

Biden will move to implement his $2 trillion climate plan on day 1 to...

Biden will move to implement his $2 trillion climate plan on day 1 to bolster the economy and kick off the new administration's fight against climate change

Summary List Placement Climate change is at the top of President-elect Joe Biden's funding agenda once he assumes office on Wednesday, as the new administration looks to add... Read more ...

A stunning art installation of nearly 200,000 US flags has filled the...

A stunning art installation of nearly 200,000 US flags has filled the National Mall, representing Americans who can't attend Biden's inauguration

Summary List Placement Ahead of President-elect Joe Biden's inauguration on Wednesday, nearly 200,000 American flags were installed on the National Mall, representing the tens... Read more ...

Biden's Treasury pick Janet Yellen will urge Congress that now is the time...

Biden's Treasury pick Janet Yellen will urge Congress that now is the time to 'act big' on a stimulus package - and warns of a more painful recession without it

Summary List Placement Janet Yellen, President-elect Joe Biden's pick to head the Treasury, will urge lawmakers at her confirmation hearing that now is the time to "act big" on... Read more ...

Ashley Biden says Melania Trump hasn't reached out to Jill Biden about a...

Ashley Biden says Melania Trump hasn't reached out to Jill Biden about a White House meeting before the inauguration

Summary List Placement Ashley Biden, President-elect Joe Biden's daughter, confirmed that first lady Melania Trump has not reached out to incoming first lady Jill Biden about a... Read more ...

Education startup Multiverse was founded by Tony Blair's son and just raised...

Education startup Multiverse was founded by Tony Blair's son and just raised $44 million backed by Google

Summary List Placement Multiverse, an education startup founded by Euan Blair, has raised $44 million in a funding round backed by Google's investment arm, GV. The firm... Read more ...

Germany may tax American gas imports in response to US sanctions against...

Germany may tax American gas imports in response to US sanctions against Nord Stream 2 pipeline

Berlin should introduce punitive tariffs on imports of US liquefied natural gas since Washington is pursuing its own ends by imposing sanctions against the Nord Stream 2... Read more ...

James Comey says the GOP needs to be 'burned down or changed,' calling the...

James Comey says the GOP needs to be 'burned down or changed,' calling the pro-Trump riot at the Capitol 'our own Chernobyl'

Summary List Placement Former FBI Director James Comey said that the Republican Party needs to be "burned down or changed," and called the pro-Trump Capitol riot "our own... Read more ...

Investor bets against the dollar are at their biggest in almost 10 years...

Investor bets against the dollar are at their biggest in almost 10 years, but rising Treasury yields are a red flag for bears, analysts say

Summary List Placement Bets against the dollar have risen to near their highest level in a decade, but uncertainty is creeping in about the greenback's short-term direction of... Read more ...