President Donald Trump urged Congress to approve coronavirus relief checks, including a new $1,200 stimulus for Americans, according to CNBC. Trump had halted talks with top Democrats and Republicans until after November election.
- Trump urged the House and Senate to approve $25 billion for Airline Payroll Support and $135 billion for a Paycheck Protection Program for Small Business.
- White House pushing a series of smaller, individual packages on mutually agreed-upon items
- Initial coronavirus package expired end of July.
- Congressional negotiators have halted over a new stimulus package for months after having passed initial relief earlier in the year.
Stocks gaining on premarket trading to Trump’s relief talks as treasury-linked bond losses. SPY premarket is up 0.78%, DIA premarket is up 0.87%, QQQ premarket is up 0.66%, TLT premarket is down 0.50%
