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Trump Considers Using Emergency Funds to Bolster Economy Against Virus

From nytimes.com

President Trump and his advisers are considering using the Federal Emergency Management Agency as a vehicle to deliver funds to stimulate the economy against mounting damage from the coronavirus, a move that could allow the administration to begin bolstering growth without waiting for Congress. The idea is one of many options under consideration by the administration to help stimulate the economy, which is facing a slowdown from a virus that is quarantining workers and consumers, scuttling vacations, closing factories and causing other disruptions. Mr. Trump previewed several ideas at a news conference on Monday ... (full story)

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  • Category: Medium Impact Breaking News