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.
Steve Boms is the founder of Allon Advocacy, LLC and the executive director of the Financial Data and Technology Association of North America, a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States.
Matthew S. Adams is a partner with the national law firm Fox Rothschild LLP and co-chair of the firm’s White Collar Criminal Defense and Regulatory Compliance Practice Group. He can be reached at 973-994-7573 or by email at madams@foxrothschild.com.
Survey finds that as technology becomes a necessity in wealth management, advisors are struggling to navigate the increasingly crowded marketplace of product offerings
“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.