Government, Business, Technology

House Passes Bill Promoting Semiconductor Development

The U.S. House of Representatives on Feb. 4 passed an expansive bill that would invest tens of billions in the U.S. tech sector, but Republican objections that it’s too weak on China threaten what Democrats hoped would be a quick election-year win.

Billy House | Bloomberg News
February 4, 2022
Government, Business

Pelosi Seeks Infrastructure Vote Today, but Progressives Resist

House Speaker Nancy Pelosi (D-Calif.) is pressuring House Democrats to pass the bipartisan infrastructure bill as soon as today but is running into stiff opposition from progressives, who want to see the legislative text of a larger tax and spending package first.

Billy House | Bloomberg News
October 28, 2021
Government, Business

House Democrats Risk Rift by Teeing Up Infrastructure Vote First

House Democratic leaders plan a Sept. 27 vote on the Senate-passed infrastructure bill, a move that risks deepening divisions in their caucus and dooming President Joe Biden’s economic agenda.

Billy House | Bloomberg News
September 21, 2021
Government, Business

Democratic, GOP House Members Pitch New Infrastructure Plan

A group of Democratic and Republican U.S. House members that is trying to keep alive the hope of a bipartisan infrastructure package said late June 8 agreement had been reached on $761.8 billion in new spending over eight years.

Billy House | Bloomberg News
June 9, 2021
Government, Business

House GOP Foils Move on Trump’s $2,000 Checks

A surprise scuffle over pandemic relief is set to run up against a crucial federal funding deadline the week of Dec. 28 as Democrats side with President Donald Trump in his demand for $2,000 payments to most Americans and Republicans take up his criticism of government spending.

Billy House | Bloomberg News
December 24, 2020
Government, Business

Pelosi, Mnuchin to Talk Fiscal Stimulus Again

Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi will hold a call the afternoon of Oct. 19 on a fiscal-stimulus package, a day before Pelosi’s deadline for a pre-election package expires.

Billy House | Bloomberg News
October 19, 2020
Government, Business

Stimulus Chances Fading as Mnuchin Cites Political Reality

The chances for a preelection stimulus for the U.S. economy from Congress are all but over, with Treasury Secretary Steven Mnuchin on Oct. 14 pointing to political dynamics undermining the monthslong negotiations.

Billy House | Bloomberg News
October 14, 2020
Government, Business

Trump, Republicans Divided on Stimulus as Pelosi Demands Revamp

Prospects for U.S. fiscal stimulus before Election Day dimmed on Oct. 13, with House Speaker Nancy Pelosi demanding the White House revamp its latest offer and Senate Republican leader Mitch McConnell pushing a smaller-scale strategy that Pelosi quickly rejected.

Billy House | Bloomberg News
October 13, 2020
Government, Business

Pelosi Optimistic on Relief, Says Trump’s Illness Alters Dynamic

House Speaker Nancy Pelosi said negotiations on a new stimulus with the White House will press ahead and President Donald Trump’s COVID-19 diagnosis might change the tenor of the talks by emphasizing the seriousness of the pandemic.

Billy House | Bloomberg News
October 2, 2020
Government, Business

Pelosi Says White House Has to Offer More on Stimulus

House Speaker Nancy Pelosi said the White House will have to agree to “much more” spending for a fresh round of stimulus if there is any hope of striking a deal before the election.

Billy House | Bloomberg News
September 28, 2020