8/3/2020, 11:37 AM (Source: TeleTrader)
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Report: Trump considers unilateral stimulus package

The Trump administration is considering a unilateral coronavirus relief package should lawmakers on Capitol Hill fall to agree on a deal, the Washington Post reported on Monday citing sources familiar with the talks.

According to the unnamed sources, officials have been increasingly skeptical of Congress' ability to pass a deal as the country struggles with the economic fallout from the pandemic. However, it remains unclear how the administration could proceed without Congress.

Talks between Republican and Democrat negotiators over the weekend on a phase 4 stimulus package failed to make progress.

Breaking the News / JC