ended stimulus talks until after the Nov. 3 election, a sudden and unexpected move that sent U.S. stocks sharply lower Tuesday, Trump tweeted that he would sign a stand-alone bill for $1,200 stimulus checks to Americans and additional funding for airlines and small businesses.
Progress in negotiations between the Trump administration and House Democrats since Speaker
unveiled a slimmed-down package worth about $2.4 trillion last week had lifted the market in recent sessions.
Before the president instructed his team to call it quits, Trump held a call with Treasury Secretary
, House Minority Leader Kevin McCarthy, and Senate Majority Leader Mitch McConnell. The GOP leaders were reportedly skeptical that they could get their members to support the deal that Mnuchin, the administration’s chief negotiator, was working to craft.
After the president’s tweet to