Home / Market Update / Pelosi: New Stimulus Deal Possible Before Elections

Pelosi: New Stimulus Deal Possible Before Elections

The Speaker of the United House of Representatives, Nancy Pelosi, said on Friday that there remains a possibility to agree on a new COVID-19 stimulus package before the November 3 election, Reuters reported.

“We could do that before the election if the president wants to,” she told reporters, noting that President Donald Trump has to talk to the Senate Republicans to convince them to reach an agreement with the Democrats.

In an interview with MSNBC on Thursday, Pelosi said that a deal could be reached pretty soon.

Trump said on Tuesday that he supports a new comprehensive COVID-19 stimulus package worth more than $2.2 trillion.

This comes despite opposition by the Republican majority in the Senate.

The White House originally proposed $1.8 trillion in relief funds, while the Democrats want $2.2 trillion.

Check Also

The Eurozone’s Shifting Sands: Southern Resilience, Northern Woes

The EUR/USD currency pair recently displayed a modest rebound, inching towards 1.0430 after a period …