Trump Halts Coronavirus Relief Talks Until After The Election

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President Trump leaves Walter Reed National Military Medical Center in Bethesda, Md., on Monday. He announced Tuesday he was pausing negotiations on a coronavirus relief package.
Saul Loeb/AFP via Getty Images
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Saul Loeb/AFP via Getty Images

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«Too little support would lead to a weak recovery, creating unnecessary hardship for households and businesses, Powell said in a virtual address to the National Association for Business Economics. «Over time, household insolvencies and business bankruptcies would rise, harming the productive capacity of the economy, and holding back wage growth.
The stark warning comes as recent job reports showed a sharp decline in job growth and companies, including major airlines, have begun a fresh round of layoffs.

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Talks have been stalled for months, and lawmakers remain far apart on how much should be included in the next round of relief.
Trump made the announcement during his first full day back at the White House after a weekend at Walter Reed National Military Medical Center. He is continuing to receive treatment for COVID-19.
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