Why Another Covid Bailout Is Still Stalled In Washington Opinion
Deal. No Deal. Deal…No Deal? Uh, who knows at this point. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have been trying to strike a deal on a new, comprehensive COVID bailout bill—but, so far, to no avail. Just to review: Despite Fed chair (and Trump appointee) Jerome Powell saying that the recovery will limp along unless there’s more fiscal help from Congress, the juiced-up president has been on and off on a bailout....