Mnuchin. Here is why they opposed the proposal. The Democrats' $2.2 trillion COVID-19 relief bill was approved by a 214-207 vote on Thursday and now advances to the Republican-controlled US Senate. McConnell said, "We're very, very far apart". With Americans getting impatient, both parties are blaming the other for the failure of any bill passage.
It sees Switzerland as a test case for hydrogen fuel cells in heavy goods transport, said In Cheol Lee, executive vice president and head of the commercial vehicle division at Hyundai. The Xcient can run up to 400 kilometers on a single charge. Hyundai also is working with various parties in China, which aims to get 1 million hydrogen vehicles on its roads by 2030 as the country's hydrogen industry is on a sharp growth trend.
The S&P 500 Index (SPX) edged higher on these comments and was last seen gaining 0.97% on a daily basis at 3,479. But with Trump down in the polls a month from Election Day he is suddenly pushing aggressively for a big new package, in a turnaround nearly as abrupt as when he suddenly announced the cancellation of talks on Tuesday.
Trump said on October 8 he's restarting talks on the relief bill, despite no evidence indicating that both sides have begun negotiations, The Hill reported. In a separate tweet, the president also called for $25 billion in additional aid for the airline industry and $135 billion of new funding for the Paycheck Protection Program , which he said would be paid for with unused funds from the CARES Act.
Powell urged negotiators to err on the side of more stimulus, not less. "Managing this risk as the expansion continues will require following medical experts' guidance, including using masks and social-distancing measures", he said . But sugar rush from Congress' stimulus packages in the spring and the Fed's fiscal policy has been wearing off. The economic recovery has slowed in recent months after rapidly improving in May and June.
The indictment alleges that McAfee evaded taxes by having his income paid into bank accounts and cryptocurrency accounts in the names of others, while also using the names of others to hide ownership of property and assets including a yacht.