Mnuchin presents counteroffer on COVID bill in meeting with Pelosi
The treasury secretary said he and Pelosi are prepared to give negotiations over a coronavirus relief bill "one more serious try."
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The treasury secretary said he and Pelosi are prepared to give negotiations over a coronavirus relief bill "one more serious try."
House Democrats revealed a $2.2 trillion coronavirus relief measure Monday.
The solemn ceremonies to remember the life of Justice Ruth Bader Ginsburg are in stark contrast to the heated debate on Capitol Hill over her replacement. CBS News political reporter Grace Segers joined CBSN with the latest on the nomination process.
The Trump administration and Democratic leaders have informally agreed to a continuing resolution to avoid a potential government shutdown. But they're still at odds over the next coronavirus relief package. Bofta Yimam reports.
Both parties need to agree to a government funding bill by the end of the month to avoid a shutdown.
The two agreed the resolution to keep the government open should be "clean," meaning without controversial provisions. It would avoid funding battles before the November elections.
Treasury Secretary Steve Mnuchin is testifying before a House committee where he is expected to be asked about the potential for fraudulent loans acquired under the Paycheck Protection Program. CBS News political reporter Grace Segers spoke to CBSN's Tanya Rivero about where the money went and if the government will be able to get it back.
Treasury Secretary Steven Mnuchin said Senate Majority Leader Mitch McConnell will "hopefully" introduce a new measure next week.
A former top Postal Service official accused the treasury secretary of politicizing the Postal Service.
The former top USPS official said the Trump administration has been "politicizing" the Postal Service.
Top Democrats say Mnuchin made an "overture" to meet but made it clear "the White House is not budging" in negotiations.
President Trump took executive action after talks between White House officials and Democrats failed last week.
After coronavirus relief bill negotiations collapsed, President Trump signed four executive orders aimed at providing financial aid to Americans. Democrats have decried the actions as unconstitutional, and they will most likely be challenged in court. CBS News' Paula Reid joins CBSN's Lana Zak with the latest.
Treasury Secretary Steven Mnuchin said that he would recommend the president take executive action.
Negotiations between the White House and congressional leaders broke down Friday, as both sides remain divided over the next coronavirus relief package. CBS News chief Washington correspondent Major Garrett and CBS News chief congressional correspondent Nancy Cordes joined CBSN's Lana Zak to discuss that and more.
The Trump administration is imposing a new round of sanctions on top officials in Hong Kong, including leader Carrie Lam. The move is in response to Lam implementing Beijing's new national security legislation cracking down on political freedoms. CBSN contributor Isaac Stone Fish, a senior fellow at the Asia Society, joined CBSN's Lana Zak to discuss.
President Trump is contradicting local Lebanese officials by suggesting that the deadly explosion that rocked Beirut was an "attack." Lebanon says a stockpile of confiscated explosives is to blame. CBS News White House correspondent Weijia Jiang joins CBSN with more on that as well as new details on COVID-19 relief bill negotiations and the Trump campaign's lawsuit targeting Nevada over mail-in voting.
White House advisers and top Democrats are set to meet again today to continue negotiations over the next round of coronavirus relief legislation. Disagreements over extending federal unemployment benefits remain a sticking point. CBS News political reporter Grace Segers joins CBSN with the latest.
Despite hours of negotiating early Saturday, the White House and Congress failed to reach a new stimulus deal despite millions of Americans facing possible evictions and other financial obligations. Nikole Killion reports.
The following is a transcript of an interview with White House Chief of Staff Mark Meadows that aired Sunday, August 2, 2020, on "Face the Nation."
Pelosi and Senate Minority Leader Chuck Schumer met with White House chief of staff Mark Meadows and Treasury Secretary Steven Mnunchin Saturday.
White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin are scheduled to meet with Democratic leaders Saturday morning as a program that provided a $600 weekly supplement to unemployment benefits amid the pandemic expired overnight. The federal program has been the subject of fierce debate between President Trump and congressional Republicans, who have recently softened on the subject of an extension, and Democratic lawmakers. Nikole Killion reports on the ongoing negotiations.
Expanded unemployment benefits will not be extended at the moment.
The clock is ticking for congressional lawmakers to pass another federal stimulus package, as unemployment benefits for roughly 25 million Americans are set to expire this week. CBS News' Skyler Henry and Wall Street Journal's Capitol Hill reporter Siobhan Hughes join CBSN's Elaine Quijano to discuss.
Senate Republicans and the Trump administration have reached a tentative deal on a new stimulus package aimed to combat the economic fallout from the coronavirus pandemic. CBS News political reporter Grace Segers joined CBSN with the latest.