They can make a package that would be acceptable, that is to the treasury secretary Steve Mnuchin and nancy pelosi. There is just one problem, whatever they come up would presumably not be acceptable to the Republican Senate or Mitch Mcconnell has said, whatever theyre contemplate something way too expensive no matter what the president says. Chad pergram with the very latest hey, chad. Reporter hey there. This is a monumental challenge. Keep in mind that House Speaker nancy pelosi and secretary of treasury Steve Mnuchin have been talking more than 90 days trying to get the next round of Coronavirus Relief done. The problem they cannot come up with the right cocktail to get something across the finish line, the right vote cocktail that has the proper number of votes in both the house and the United States senate. This is why Senate Majority leader Mitch Mcconnell has cobbled together a slim 500 bill dollar bill. It will probably be filibustered by democrats tomorrow. Keep in mind the p
And joe biden will be participating in dueling town halls. As a matter of fact the president is on his way here to miami as we speak. Expected to touchdown later this hour. Well bring you any developments from President Trumps visit as we continue. First though, our top stories live with fox Business Team coverage. Jackie deangelis in the new york newsroom. We start with blake burman on the north lawn at the white house. Blake. Reporter hi, there, connell. There are two very different messages from the top two republicans here in washington when it comes to the possibility of another covid relief package. Lets start with President Trump. As you know called into fox business earlier this morning, spoke with Stuart Varney. The president said that he is open to potentially increasing the white house offer above the 1. Trillion 1. 8 trillionish figures as it relates to Nancy Pelosis 2. 2 trillion figure, he doesnt necessarily like some of aspects in the democrat plan. Listen here to what t
Max, treasury secretary Steven Mnuchin and Federal Reserve chair Jerome Powell on the impact of the coronavirus on the economy. This is two and half hours. This hearing will come to order. Todays hearing is a hybrid format and the hearing room has been configured to maintain the recommended sixfoot social distancing between senators, witnesses witnesses and otheren individuals in the room necessary to operate the hearing which we have kept to a minimum. For those joining remotely a few videoconferencing reminders. Once you start speaking there will be a slight delay before you are displayed on the screen. To minimize background noise please click the mute button until it is your turn to speak or ask questions. If there is a Technology Issue we will move to the next senator until it is resolved. I again remind all senators and our witnesses that the fiveminute clocks still apply and you should, those remote, stall, box on your screen labeled clock that will show how much time is remaini
This hearing will come to order. Todays hearing is a hybrid format. And the hearing room has been configured to maintain the recommendedf foot social distancing between senators and other individuals in the room necessary to operate the hearing which we have kept to a minimum. For those joining remotely a few videoconferencing reminders. Once you start speaking there will be a slight delay before you are displayed on the screen. To minimize background noise please click the mute button until it is your speak or ask questions. If there is a Technology Issue we will move to the next senator until its resolved. I, again, remind all senators and witnesses that the 5minute clock still applies, and those of you remote should all have a box on your screen labeled clock that will show how much time is remaining. Well try to give you a gavel reminder when your time is almost expired. To simplify the speaking order process senator brown and i again have agreed to go by sen you arty for this hear
Been configured to maintain 6 foot distances between senators, witnesses and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. For those joining remotely, a few Video Conferencing reminders. Once you start speaking, there will be a slight delay before you are displayed on the screen. To minimize background noise, please click the mute button until you ask questions. If there is a technology issue, we will move to the next senator until its resolved. Again, remind all senators and our witnesses that the fiveminute clock applies. Those of you remote should have a clock on the screen showing how much time is remaining. Well try to give you a gavel reminder when your time is almost expired. To simplify the speaking order process, senator brown and i have agreed to go by seniority for this hoogerheide. With that we welcome our witness steven t. Mnuchin, secretary to department of treasury an honorable jerome powell, board of governors of the Fe