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Added on the 23/06/2017 21:46:04 - Copyright : Wochit
McConnell backed Treasury's Mnuchin in his extraordinary clash with the Federal Reserve. Both want Congress to reallocate unspent stimulus funds to support small businesses. "American workers should not lose their jobs needlessly when a second round of the job-saving Paycheck Protection Program for the hardest-hit small businesses would make a huge difference." Senate Majority Leader Mitch McConnell issued a statement on Friday afternoon. His supporting Treasury Secretary Steven Mnuchin's call is not surprising. The call is for Congress to repurpose unspent stimulus money, reports Business Insider. It also backs the Trump administration in its extraordinary clash against the Federal Reserve.
The White House says the US is "definitely not pushing" the Haitian Prime Minister Ariel Henry to resign, after Washington said he should speed up a political transition. "That is not what we're doing, but we have underscored that now is the time to finalize a political court to help set Haiti on a path to a better future. And that is something that we've been working on for some time," White House Press Secretary Karine Jean-Pierre says in a press briefing. SOUNDBITE
The United States is "deeply concerned" about the detention of a human rights activist in Venezuela, a White House spokesman says, warning that the administration of President Joe Biden is watching the situation "very, very closely." "We are aware of reports that Rocio San Miguel, and I think a couple of members of her family, now have been taken into custody. We're deeply concerned about that," National Security Council spokesman John Kirby tells reporters at a White House briefing. SOUNDBITE
"There is still a chance" of avoiding a government shutdown, Office of Management and Budget Director Shalanda Young tells reporters. SOUNDBITE
Spencer Platt/Getty Images Americans want President Joe Biden to prioritize small business aid and provide further relief from the pandemic. Richard Prisinzano, director of policy analysis at the Penn Wharton Budget Model, said that more aid is necessary to help businesses, but it is reliant on vaccine distribution and the pandemic timeline. Other components of Biden's stimulus proposal, like the stimulus checks and moratoriums on evictions, will also help small businesses. Visit Business Insider's homepage for more stories. Small businesses have been hit hard throughout the pandemic, and President Joe Biden intends to provide relief through his stimulus proposal unveiled last Thursday.
US President Donald J. Trump has repeatedly undermined Dr. Anthony Fauci's assessments and guidance about the coronavirus pandemic. Now, Business Insider reports Fauci admitted Tuesday that his experience serving in the Trump administration has been 'somewhat awkward.' It's not a happy day when you have to get up in front of national TV and contradict something that the President of the United States says. I take no pleasure in that at all. Dr. Anthony Fauci Interview, Harvard Business Review Fauci has been the director of the National Institute of Allergy and Infectious Diseases since 1984. He's worked with every US president since Ronald Reagan. But Trump has repeatedly contradicted Fauci's assessment of the pandemic and pushed back against necessary public-health measures.