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Trump announces executive actions after stimulus talks broke down

2020-08-09 09:11:51       source:Politico

August 8, 2020


President Donald Trump on Saturday announced he would move forward with multiple executive actions designed to provide relief to millions of financially struggling Americans after talks between his aides and Democratic leaders on a new pandemic relief package broke down this week.


Trump laid out four actions that he said would cut taxes for workers through the end of the year, extend unemployment benefits but at a reduced rate, renew a moratorium on evictions during the pandemic, and defer student loan payments and interest until the end of the year.


The development comes after a 90-minute meeting on Friday afternoon between Treasury Secretary Steven Mnuchin, White House chief of staff Mark Meadows, House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer led to no significant progress on a relief deal.


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https://www.politico.com/news/2020/08/08/trump-executive-actions-coronavirus-relief-392715