Trump halts COVID-19 relief talks until after election
4 years, 3 months ago

Trump halts COVID-19 relief talks until after election

Associated Press  

WASHINGTON — President Donald Trump on Tuesday called an abrupt end to negotiations with Democrats over additional COVID-19 relief, delaying action until after the election despite ominous warnings from his own Federal Reserve chairman about the deteriorating conditions in the economy. Trump tweeted that House Speaker Nancy Pelosi was “not negotiating in good faith” and said he’s asked Senate Majority Leader Mitch McConnell to direct all his focus before the election into confirming his U.S. Supreme Court nominee, Amy Coney Barrett. One endangered Republican, Maine Sen. Susan Collins, said “waiting until after the election to reach an agreement on the next Covid-19 relief package is a huge mistake.” Former Vice President Joe Biden slammed Trump’s move. After Trump’s tweets spiking the negotiations, Pelosi said Trump was “unwilling to crush the virus” and “refuses to give real help to poor children, the unemployed, and America’s hard working families.” Trump broke off talks after Federal Reserve Chairman Jerome Powell warned earlier Tuesday that the economic recovery remains fragile seven months into coronavirus pandemic without further economic stimulus. While Trump said he’ll immediately restart talks in November if he wins reelection, a Biden victory could mean the economy would go without further stimulus until February.

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