TELETRADER News
3/26, 4:28 AM (Source: TeleTrader)
more TeleTrader news

US Senate approves $2T COVID-19 stimulus bill

United States Senate has unanimously passed the $2 trillion coronavirus relief bill late on Wednesday in an effort to negate the effects of the coronavirus crisis.

The legislation, almost 900 pages long, includes direct payments to American citizens, enhanced unemployment insurance, affordable loans to businesses affected by the outbreak and significantly increased health care resources for hospitals.

After the proceedings are finished, the Senate will be going on holidays until April 20. Meanwhile, the House of Representatives is set to open discussion and eventually vote on the legislation on Friday.

Breaking the News / ND