Congress

House Speaker Nancy Pelosi cited Federal Reserve Chairman Jerome Powell on Tuesday in her latest push for a coronavirus relief deal.

Federal Reserve Chairman Jerome Powell urged lawmakers to provide the pandemic-stricken economy with more fiscal support in order to sustain the nation's early recovery.

The pair spoke for an hour on Monday but did not come to an agreement.

The chance of Congress striking a coronavirus relief deal before the November presidential elections remains elusive as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continue to spar over how much money to inject into the pandemic-ravaged economy. 

Even before the president's positive COVID-19 test, calls for a remote debate were rising following a contentious and chaotic event this week.

Democratic Massachusetts Rep. Katherine Clark knocked Senate Majority Leader Mitch McConnell for not taking up a House coronavirus-relief bill after she said she had an emotional encounter with a flight attendant about to be furloughed.

House Speaker Nancy Pelosi on Friday asked airlines to delay tens of thousands of planned furloughs, vowing that additional government relief is "imminent" for the coronavirus-battered industry.   

It is a critical report as it will be the final reading on the labor market before the November election

The $2.2T bill is unlikely to receive Republican support.