Pelosi and Schumer team up for another coronavirus relief bill to include more cash for ‘food assistance’

WASHINGTON (Reuters) - Democratic congressional leaders on Wednesday said they would back the Trump administration's request for another $250 billion in aid for small businesses amid the coronavirus outbreak, but said the bill must include more funding for hospitals, local governments and food assistance.

U.S. House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer, in a statement, said Congress would then have to work on passing another measure aimed at further expanding relief after the interim emergency funding bill passed.

U.S. Treasury Secretary Steven Mnuchin announced the request for additional aid for small companies on Tuesday amid overwhelming demand for federal small business loans as stores shuttered and Americans sheltered at home in an effort to quell the spread of the fast-spreading disease.

Senate Majority... (Read more)

Latest News