Vaccine possible by Election Day, FDA chief says. A vaccine against the coronavirus is on the near horizon, government officials are saying. Dr. Anthony Fauci predicted there will…
Read MorePandemic Recovery
Administration to Purchase 150M Rapid COVID-19 Tests
The self-contained tests yield 15-minute results. Under a new agreement between President Trump’s Administration and Abbott Laboratories, the government will acquire almost all of the 15-minute COVID-19 tests…
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Economy Showing ‘Signs of Life,’ Fed Official Says
Still in a “tentative” stage, she added. Esther George, the President of the Kansas City Federal Reserve, said the economy is beginning to show “signs of life,” and…
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Congress Rushes to Pass COVID-19 Relief by End of Week
Funding for expanded unemployment and housing relief ends on Friday. Monday kicked off negotiations between members of Congress as discussions took place about the next round of COVID-19…
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Commerce Department Reports Housing Sales Jump
Sales rates jump May and June after two month drop. The Commerce Department reported last week that they are seeing an unexpectedly positive rebound in the housing market,…
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Administration Economic Task Force Member Has Bold Idea
Reinvigorate the economy by abolishing one tax, adding another. Stephen Moore, a member of President Trump’s economic recovery task force and an economist at FreedomWorks, has set out…
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PPP Loans Saved as Many as 3.2 Million Jobs
New study was conducted by MIT and Federal Reserve. The Paycheck Protection Program (PPP), a centerpiece of the Trump Administration’s economic response to the coronavirus pandemic, through hundreds…
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Legislators Meet with President for More Negotiations
Second meeting of administration and Senate leaders seeking to unify on aid package. On Tuesday, key administration and Senate leaders, including Treasury Secretary Mnuchin, Chief of Staff Meadows,…
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President Trump Restarts Daily Briefings
Asserts that federal response has given states everything they need to combat COVID-19. The White House announced that President Trump would be restarting his daily coronavirus briefings in…
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Labor Department Releases Updated Guidelines
Additional protections and requirements for reopening workplaces during pandemic. The Department of Labor published additional guidance on Monday regarding how the Fair Labor Standards Act (FLSA), the Family…
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