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U.S. Senate, Treasury Sec. Could Soon Agree to a $2 Trillion Coronavirus Relief Package

HeadlineMar 24, 2020

In Washington, D.C., Senate Minority Leader Chuck Schumer and Treasury Secretary Steve Mnuchin said Monday night they are close to a $2 trillion deal and expect to come to an agreement sometime this morning. Earlier Monday, Senate Democrats again blocked a coronavirus relief bill, which they said did not have enough worker protections and created a slush fund to bail out companies. When asked who would provide oversight for corporate bailouts at Monday night’s press briefing, Trump responded, “I’ll be the oversight.” The hashtag #NotDying4WallStreet is trending on Twitter. Calls have been mounting to allow remote voting so that lawmakers can avoid gathering and potentially spreading the virus. Meanwhile Congressmembers Ayanna Pressley and Ilhan Omar unveiled a bill to cancel $30,000 of student debt for all borrowers during the crisis.

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