Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 25/11/2020 09:10 
21.10.2020 12:42 News >> US: Relief Bill Talks Go On As Market Awaits Stimulus

US: Relief Bill Talks Go On As Market Awaits Stimulus

House Speaker Pelosi says she is 'hopeful' to reach agreement before presidential election early next month.

Relief bill negotiations between Democrats and Republicans continue in the US as market and investors await the much needed stimulus package before the Nov. 3 presidential election.
US House of Representatives Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continued their talks on Tuesday and made "good progress" but they "still have a ways to go," the White House Chief of Staff Mark Meadows said.
"I would think that those discussions hopefully would make progress again tomorrow and perhaps the following day," he said, adding that he hopes to see some kind of agreement before the weekend.
Pelosi, in a letter to House Democrats, said Tuesday her talks with Mnuchin provided "more clarity and common ground" and they move closer to an agreement, however there are still differences about "funding levels and language."
"I remain hopeful that we can reach an agreement before the election," Pelosi said, adding she and Mnuchin will continue the negotiations on Wednesday afternoon.
Senate Majority Leader Mitch McConnell said Tuesday he would schedule a vote in the upper chamber if Pelosi and Mnuchin would reach a deal.
The positive language of the talks provided hope for investors for another stimulus package and pushed major indexes in the US stock market higher.
The Dow Jones and the S&P 500 closed Tuesday with 0.4% gain each, while the Nasdaq was up 0.3%. The dollar index, which measures the value of the American dollar against a basket of currencies, lost 0.4% to end the day at 93.05 -- its lowest closing since Sept. 18.
US lawmakers have approved more than $3 trillion in aid since March when the coronavirus began to take a toll on the world's largest economy, but it has been more than six months since the last relief package. -



        Latest News
Ecuador's Interior Minister Dismissed 2 minutes ago...
Maria Paula Romo accused of allowing harsh police intervention during anti government protests in 2019.
Mexico: 113 Bodies Found In Mass Grave 2 minutes ago...
Since 2006, 6,900 corpses have been discovered in 4,092 secret graves nationwide.
Niger's Former President Mamadou Tandja Dies At 82 2 minutes ago...
Government announces three days of national mourning.
Syria Claims Israel Struck Areas South Of Capital -14 minutes ago...
Airstrikes caused only material damage, according to Syrian military.
Anadolu Agency's Morning Briefing – November 25, 2020 -29 minutes ago...
Daily briefing on novel coronavirus pandemic worldwide, Turkey, other developments.

 
      Top News
Turkey Expects Center With Russia To 'Soon' Operate Turkey Expects Center With Russia To 'Soon' Operate
Turkey To Respond To Unlawful Search Of Cargo Ship Turkey To Respond To Unlawful Search Of Cargo Ship
Turkish Stocks Up At Tuesday Close Turkish Stocks Up At Tuesday Close
'Turkish Central Bank Taking Necessary Steps' 'Turkish Central Bank Taking Necessary Steps'
Global Azerbaijani Group Thanks Turkish Leader For Help Global Azerbaijani Group Thanks Turkish Leader For Help
Turkish Banking Watchdog Takes New Normalization Step Turkish Banking Watchdog Takes New Normalization Step
Anadolu Agency's Morning Briefing – November 24, 2020 Anadolu Agency's Morning Briefing – November 24, 2020
Galatasaray Upset Fans, Drawing With 10-Man Kayserispor Galatasaray Upset Fans, Drawing With 10-Man Kayserispor
2Nd Round Of Libyan Political Dialogue Forum Begins 2Nd Round Of Libyan Political Dialogue Forum Begins
Borsa Istanbul Hits All-Time High At Open Borsa Istanbul Hits All-Time High At Open