EDITORIAL: Wishing you a happier New Year newjerseyhills.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseyhills.com Daily Mail and Mail on Sunday newspapers.
Mnuchin s loyalty to Trump could end with painful setback as president shreds stimulus deal
Jeff Stein, The Washington Post
Dec. 26, 2020
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WASHINGTON - President Donald Trump on Saturday continued to demand changes to the $900 billion stimulus deal that Democrats and Republicans approved on Dec. 21, raising the odds that the government could shut down on Tuesday and the economy could suffer a devastating shock in the final days of his presidency. I simply want to get out great people $2000, rather than the measly $600 that is now in the bill, Trump wrote in a tweet.
His demand for $2,000 stimulus checks is a direct rejection of the $600 checks that Treasury Secretary Steven Mnuchin had personally proposed and negotiated with Democrats and Republicans. Now, Trump s rejection of the deal has confounded many leaders on Capitol Hill because they had thought Mnuchin negotiated the package on behalf of the president. The treasury chief s standing with many lawm
Lawmakers reach compromise over GOP proposal to rein in Fed’s powers, clearing path for a stimulus package deal Mike DeBonis, Jeff Stein, Rachel Siegel
What you need to know about the coronavirus relief bill
Replay Video UP NEXT Senior lawmakers resolved a major standoff late Saturday night clearing the way for Congress to pass a nearly $1 trillion economic relief package, after Democratic leaders and Sen. Patrick J. Toomey (R-Pa.) struck a compromise over his proposal to rein in the lending powers of the Federal Reserve. Toomey had created a major impasse last week by demanding new limits on the central bank’s emergency lending authority. His proposal, supported by Republican leadership, threatened the delicate negotiations over the relief package. But after hours of frenzied negotiations and meetings in the Capitol, a compromise between Toomey and Senate Minority Leader Charles E. Schumer (D-N.Y.) was brokered around 9:30 p.m., aides in both parties
Stimulus deal negotiations on Saturday face government shutdown deadline washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
From Insurers to Landlords, Retailers to Restaurants, COVID Reshapes Economies By Paul Wiseman and Alexandra Olson | December 18, 2020
It would be just a temporary precaution.
When the viral pandemic erupted in March, employees of the small digital insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon as soon as New York was safe again.
Within weeks, he’d changed his mind. Bregman broke his company’s lease and told his two dozen or so staffers they could keep working from home possibly for good.
The gains were at once unexpected and immediate. Bregman is saving money on rent. He no longer has to persuade recruits to relocate to a crushingly expensive city. He’s increased his staff by 20% and for the first time added new hires in Texas and California.