Free Trial

Lawmakers Agree On USD$10B Covid Package

US

The Washington Post has reported that Congressional leaders have struck a compromise on a new Covid-19 relief package that will enable the purchase of therapeutics, testing, and vaccines.

  • Dan Diamond WaPo: 'Lawmakers have agreed on deal for $10 billion in US covid funds, set to be announced today — but have dropped funding for global response, people familiar tell me.'
  • The Biden administration initially requested USD$15billion and have used the White House platform on three occasions to criticise Congress for putting the economic recovery at risk by blocking funding.
  • Lawmakers now have a tight schedule to approve funding before Congress recesses next week.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.