As we reported yesterday, Senate Republicans were expected to develop and unveil proposals for the next round of coronavirus relief legislation as early as today. Administration officials were at the weekly Senate Republican party caucus lunch meeting today (the first gathering of the traditional weekly lunch meeting since the Coronavirus outbreak) to discuss a strategy and develop a plan. Reportedly there are some differences on certain issues that have to be worked out between the White House and the Senate Republicans. The Senate plan will have:
$105 billion for school re-opening
Funds for childcare
Stimulus checks and small business loans
There will also be some sort of tax breaks for retaining or rehiring wor...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
