Congress averts shutdown; fight continues over pandemic aid
Companies, agencies, institutions, etc
AP
Congress
House
Capitol Hill’s
Senate
Federal Reserve
GOP
the Postal Service
Treasury
the Treasury Department
COVID-19
Trump’s
Preelection Democratic
Georgia Senate
Federal Reserve Board
Standard & Poor’s
Economics
People
Donald Trump
Mitch McConnell
Joe Biden
Pat Toomey
Steven Mnuchin
Brian Deese
Janet Yellen
Jerome Powell
Christopher Rugaber
Groups
Democrats
Republicans
American
COVID-19
Democratic
Physical locations
No matching tags
Places
Main Street
Locations
WASHINGTON
Ky
U.S
Events
No matching tags
Summary
The Senate approved it by voice vote almost immediately afterward, and President Donald Trump signed it late Friday.Senate Majority Leader Mitch McConnell, R-Ky., said both sides remain intent on closing the deal, even as Democrats launched a concerted campaign to block an effort by Republicans to rein in emergency Federal Reserve lending powers. It also includes $600 direct payments to individuals; vaccine distribution funds and money for renters, schools, the Postal Service and people needing food aid.Democrats on Friday came out swinging at a key obstacle: a provision by conservative Sen. Pat Toomey, R-Pa., that would close down more than $400 billion in potential Federal Reserve lending powers established under a relief bill in March.
As said here by ANDREW TAYLOR