House Republicans blocked Democrats’ attempt to meet President Donald Trump’s demand to pay most Americans $2,000 to help weather the coronavirus pandemic.
Republicans objected to the bill House Majority Leader Steny Hoyer sought to pass by unanimous consent Thursday to replace the $600 payments in the latest pandemic relief legislation with the $2,000 payments.
Olivia Krylov is an associate at Capco, interested in the banking and payments, risk and regulatory, and security and privacy spaces.
She currently works out of Capco's Chicago office and is on a payments engagement assessing the security of the clients payment rails. She has also supported a DEI engagement developing the financial institutions overall strategy, as well as a small team working on financial and regulatory consulting for a financial services firm. She has previous experience in consulting both through internships and in an academic context.
Christopher Senackerib is a senior consultant at Capco.
He has worked as a project manager and business analyst on projects across investment management and capital markets organizations. Prior to joining Capco he worked at a boutique financial services consulting firm, delivering capital markets technology projects, and he previously managed a team providing investor and market intelligence data at a fintech firm.
Emily Dell is a client engagement manager for DUX, a virtual inspection software company. She has a background working for SaaS startups in client-facing positions.
“House and Senate Democrats have repeatedly fought for bigger checks for the American people, which House and Senate Republicans have repeatedly rejected — first, during our negotiations when they said that they would not go above $600 and now, with this act of callousness on the Floor,” House Speaker Nancy Pelosi said in a statement Thursday.
Democrats will try again with a roll call vote on a new bill Dec. 28, when the House also plans a vote to override Trump’s veto on the National Defense Authorization Act. Since current government spending runs out that day — and funds for the rest of the fiscal year are included in the virus relief bill Trump criticized and hasn’t signed -- the House could also pass another stopgap measure to avert a partial government shutdown.
Republicans on Thursday tried to seek unanimous consent on a measure to examine taxpayer money spent on foreign aid, but Democrats blocked that move. In his complaint Tuesday about Congress’s combined virus aid and government spending bill, Trump criticized federal resources spent on international programs, even though that spending was allocated as part of the bipartisan appropriations process.