Trump Halts Pandemic Relief Negotiations

President Trump, after a call with Sen. Mitch McConnell (R) and Rep. Kevin McCarthy (R) has put an end to the stimulus negotiations between Speaker Nancy Pelosi (D) and Treasury Secretary Steven Mnuchin until after the November election, CNN reports.

Washington Post: “Barring another unexpected development, Trump’s declaration kills any chance of new aid for millions of Americans who remain out work and at risk of eviction. It came on the same day Federal Reserve Chair Jerome H. Powell said in a speech that more economic stimulus was needed.”