Negotiators expect deal Tuesday on massive coronavirus emergency package

“There are still issues to be discussed between Republicans, Democrats and the government,” Ueland told reporters when he entered the Capitol.

“I am confident that we can do this right over the next few hours so that Congress can be able to act today,” said Ueland, although he noted: “Everyone seemed to be expecting a vote in the past few years up here on the hill. “

The shares rose when trading opened on Tuesday morning. The Dow Jones Industrial average rose more than 1,000 points as investors are considering an upcoming deal.

On the other side of the Capitol, spokeswoman Nancy Pelosi was also confident that a deal could be made on Tuesday.

“I think there is real optimism that we can do something in the next few hours,” she said during an interview on CNBC, saying that the Senate Democrats had done a “great job” in the negotiations.

Nevertheless, Trump went to Twitter late Monday night to inform the Democrats of their demands.

“The Republicans had a deal until Nancy Pelosi]rode into town from her extended vacation. The Democrats want the virus to win? They ask about things that have nothing to do with our great workers or companies, ”Trump tweeted. “They want Open Borders & Green New Deal. Republicans shouldn’t agree! “

And early Tuesday morning, the president chastised the Democrats again – but later seemed to support the deal and urged the Senate to act immediately.

“Congress has to approve the deal today without all the nonsense. The longer it takes, the more difficult it will be to boost our economy. Our workers are hurt! Trump wrote.

Mnuchin insisted that Trump be included in the discussions, saying that Trump’s initial tweets that struck Democrats were only related to the House Democrats’ separate bill, which contains several provisions that Republicans objected to.

In the final version of the bill, Schumer sought additional protection for workers and a so-called “Marshall Plan” for US hospitals, which could soon be flooded by coronavirus patients.

The New York Democrat also took an important license from Mnuchin: tight control over a $ 500 billion fund that, according to three sources, is said to lend to companies hit hard by the coronavirus pandemic. The Democrats had criticized the original proposal as a “slush fund,” which did not provide accountability mechanisms and allowed the Trump administration to withhold details of which companies had received such loans.

During her CNBC interview, Pelosi said the fund was being monitored by an inspector general and a congressional body.

MP Jim McGovern (D-Mass.), Chairman of the House Rules Committee, recommends that the House pass the Senate emergency package unanimously or by voting so that lawmakers can stay in their home boroughs. In particular, Pelosi said Tuesday that it intends to unanimously pass Senate law. The House Democrats will meet for a conference call on Tuesday afternoon to discuss the way forward.

McConnell (R-Ky.) Had pushed hard for a vote until Monday, but the Senate Democrats over two days rejected two procedural requests on the bill, citing the ongoing negotiations between Schumer and Mnuchin. Republicans bitterly attacked their Democratic counterparts in the Senate Monday, accusing them of playing political games while the economy and global financial markets remain in free fall.

The corona virus has already hit the Senate, and Senator Rand Paul (R-Ky.) Announced on Sunday that he had tested positive for the virus. In the meantime, several other senators decided to quarantine themselves due to their close interaction with Paul and other people who tested positive.

Paul’s diagnosis – in addition to Senator Amy Klobuchar’s (D-Minn.) Announcement on Monday that her husband was infected with the virus – underlined the urgency of Congress to approve a rescue package. Several senators expressed concern that the chamber still meets daily despite federal recommendations against large gatherings.

Heather Caygle and Kyle Cheney contributed to this report

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