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Monday, October 26, 2020

US House Speaker Pelosi said the White House...

US House Speaker Pelosi said the White House...

US House Speaker Pelosi said the White House is refusing to accept Democrats' testing plan as part of a COVID relief bill. However, a spokesperson later noted that Pelosi remains optimistic a stimulus deal can be achieved before the election following a call between Pelosi and Treasury Secretary Mnuchin. (Newswires/ Twitter )

NEC Director Kudlow said there remains a number of areas in Speaker Pelosi's COVID-19 plan that the President cannot accept. Kudlow added that state and local spending provisions are still too large, while immigration and health care issues are sticking points. (Newswires)

US congressional committees have reportedly made some progress, but not enough to make a deal anywhere near imminent, according to sources. (Politico)

Democratic Presidential nominee Biden will reportedly push for a USD 2trln COVID stimulus package immediately along with tax increases and infrastructure if he is elected, according to reports citing aides. (Newswires)

POLL: Reuters/ Ipsos poll in Pennsylvania has Biden ahead at 50% vs 45% for Trump and showed Biden ahead in Wisconsin at 53% vs 44% for Trump, while NYT /Siena poll has Trump ahead in Texas by 4 points at 47% vs 43% for Biden (prev. Trump led by 3ppts). (Newswires)

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