Bitcoin Gains as US Lawmakers Reach $900bn Stimulus Deal; What’s Next?

Two new stimulus packages have been proposed while lawmakers continue to push for second stimulus checks to help Americans cope with the coronavirus-led economic crisis. House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell want to add stimulus measures to the spending bill that must be passed before the Dec. 11 deadline. Stimulus Measures Could Be Added to Spending Bill That Must Pass This Week U.S. lawmakers unveiled new stimulus proposals last week after months of negotiations with no progress on either a new coronavirus relief stimulus package or second stimulus checks....

Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of stimulus checks for Americans. Meanwhile, the Senate is set to vote on a smaller stimulus bill without direct payments this week. Deadline for Stimulus Negotiations Stimulus packages to help Americans cope with the coronavirus-driven economic crisis have been heavily discussed this week as U.S. lawmakers hope to approve new relief aid before the November presidential election. Six proposed....

Negotiations on a new coronavirus aid stimulus package are still underway as Americans wait to receive their second round of stimulus checks. House Speaker Nancy Pelosi, President Donald Trump, and Senate Majority Leader Mitch McConnell have their own ideas of when the next stimulus package with direct payments to Americans will pass. US Lawmakers Push to Pass a New Stimulus Package Soon U.S. lawmakers have continually been discussing the next stimulus package to help Americans cope with the coronavirus pandemic-led economic crisis. Americans have been waiting for the second round of....

As Americans wait to hear if they will receive second stimulus checks, lawmakers are scrambling to avert the looming government shutdown. A spending bill, which could include some stimulus measures, must be passed before the Dec. 11 deadline to avoid the shutdown. Stimulus Payments Affected by Government Shutdown As U.S. lawmakers continue their stimulus negotiations, including providing Americans with the second round of direct payments, the government is facing a shutdown, which could be prevented if lawmakers can pass a spending bill before the Dec. 11 deadline. Congress returned to....

There's still a chance a stimulus package can be passed before the presidential election, but those chances are fading, said the U.S. president.