Congress coronavirus News

Bipartisan COVID-19 Plan Helps Businesses, Unemployed; Splits State Aid, Liability Shield

A bipartisan group of lawmakers released proposed Covid-19 relief legislation that may provide momentum for breaking a months-long impasse, by separating out coronavirus liability protections and state aid — the two most contentious and partisan items. After Republicans and Democrats …

Bipartisan COVID Relief Plan Expected to Put State Aid, Liability Shield in Separate Bill

Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi discussed developments on federal funding, including pandemic relief, during a roughly half-hour phone call on Sunday and agreed to speak again on Monday, Pelosi spokesman Drew Hammill said on Twitter. In …

What Congress Should Do, or Not Do, to Rescue Businesses in Future Pandemics

Congress is weighing whether insurers and government can together “bend pandemic risk curves” for future events or simply replace some of the economic losses of businesses, putting them “into induced comas” during pandemics. That was the essence of a debate …

McConnell’s Liability Shield Among Hurdles for Coronavirus Relief Bill

Stimulus talks between President Donald Trump’s representatives and Democrats bogged down Tuesday over demands by Senate Majority Leader Mitch McConnell that his proposed changes to liability law be included wholesale in the aid package. House Speaker Nancy Pelosi said McConnell’s …

Next Showdown in Congress: Protecting Workers vs. Protecting Employers in Pandemic

Congressional leaders are squaring off over the next pandemic relief bill in a debate over whom Congress should step up to protect: front-line workers seeking more safeguards from the ravages of COVID-19 or beleaguered employers seeking relief from lawsuits. Democrats …

Some Details of the $2 Trillion U.S. Senate Coronavirus Rescue Bill

U.S. senators will vote on Wednesday on a $2 trillion bipartisan package of legislation to alleviate the devastating economic impact of the coronavirus pandemic, hoping it will become law quickly so they can get out of Washington. Here are major …

Insurers Reject House Members’ Request to Cover Uninsured COVID Business Losses

A bipartisan group of U.S. House members has asked insurers to retroactively recognize financial losses relating to COVID-19 under commercial business interruption coverage for policyholders. Eighteen House members made their case in a March 18 letter addressed to the leaders …