Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Pelosi Says She’s Awaiting Mnuchin Answers to Resume Aid Talks

Published 10/29/2020, 07:40 AM
Updated 10/29/2020, 09:09 AM
© Bloomberg. WASHINGTON, DC - OCTOBER 22: Speaker of the House Nancy Pelosi (D-CA) speaks during a news conference at the U.S. Capitol on October 22, 2020 in Washington, DC. Speaker Pelosi spoke about the latest coronavirus stimulus bill that did not pass in the Senate yesterday. (Photo by Sarah Silbiger/Getty Images)

(Bloomberg) -- U.S. House Speaker Nancy Pelosi told Treasury Secretary Steven Mnuchin in a letter Thursday that she’s still awaiting the administration’s response on a raft of outstanding issues blocking a deal on a fiscal-stimulus package.

In a letter Thursday posted on her official website, Pelosi listed seven major areas of disagreement: a national virus testing-and-tracing program; funding for state and local governments; school safety measures; child-care funding; tax credits for working families; unemployment insurance; and workplace protections and liability issues.

“Your responses are critical for our negotiations to continue,” Pelosi wrote. She and Mnuchin last spoke Monday, when they were unable to resolve what’s become a three-month impasse over a Covid-19 relief plan.

President Donald Trump has blamed Pelosi for the stalemate, charging her with pressing for a bailout of poorly run Democratic states and cities.

Pelosi said Wednesday she hoped the selloff in U.S. stocks would prompt Trump to agree to Democratic demands, something she alluded to in Thursday’s letter.

“As the coronavirus surges and the stock market plummets, we are still awaiting the Trump Administration’s promised responses on multiple items of critical importance,” she said.

©2020 Bloomberg L.P.

© Bloomberg. WASHINGTON, DC - OCTOBER 22: Speaker of the House Nancy Pelosi (D-CA) speaks during a news conference at the U.S. Capitol on October 22, 2020 in Washington, DC. Speaker Pelosi spoke about the latest coronavirus stimulus bill that did not pass in the Senate yesterday. (Photo by Sarah Silbiger/Getty Images)

Latest comments

Forget it Nancy. No bailouts for corrupt States who allowed their cities to burn
🔩 U
Keep giving away free money, useless incompetents will never look for jobs.
IF Trump loses re-election, he won't corporate with any aid.
Should be age limit in politics too.
She has the upper hand before the election. If Trump wants it, gotta b her terms period.
the liability protection Republicans are asking for is crucial to businesses everywhere. nobody can prove where they caught the virus so why allow someone to sue an employer?
Because of the meat packing plants fiasco earlier this year. Employers didn’t do anything to protect their employees, they died and the food security of the nation was put at risk.
fake news!!! Trump!! (ok enough sarcasm)
Trump 2020
A classic and shameless politician
I guess it's time we stopped counting I want mine too
I don't recall voting for a hundred trillion dollars of debt
this message board's becoming like Twitter Freedom of speech is over
Its a private company lmao
Crazy Nancy-Cramer
People are starting to see through political figures speaking BS to prop up the markets. Actions are  speaking louder than empty words.
never voting for dem again ever
regrettably you're probably correct
Man Up, you and the rest of us with ****agree : ) including women with awesome ****too : )
the Democrats are not here to stay no matter what. they are being taken over by Lefty socialist authoritarian Pro fascist Pro authoritarian weak-minded people who are letting themselves be told how to think and what to do.
no chance of stimulus until 2021 now
It will hapen right after the Blue Wave sweep that administration to the dark abyss of history
Tick tock
What a joke! She’s so senile.
$tfup
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.