Government aid for industry

FILE - In this March 25, 2020, file photo, Senate Majority Leader Mitch McConnell, R-Ky. gives a thumbs up as he leaves the Senate chamber on Capitol Hill in Washington, where a deal has been reached on a coronavirus bill. Democrat Amy McGrath's campaign released a TV ad Friday, April 3, 2020, lambasting the Kentucky Republican for “taking a victory lap against the coronavirus." (AP Photo/Andrew Harnik)
April 07, 2020 - 7:36 pm
WASHINGTON (AP) — As Congress races to craft the next coronavirus rescue package, President Donald Trump's sudden request Tuesday to pump $250 billion more into a just-launched small businesses payroll program sets up a new showdown over aid. Treasury Secretary Steven Mnuchin said more money is...
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President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Monday, April 6, 2020, in Washington. (AP Photo/Alex Brandon)
April 07, 2020 - 3:36 pm
WASHINGTON (AP) — President Donald Trump has removed the inspector general tapped to chair a special oversight board for the $2.2 trillion economic relief package on the coronavirus, the latest in a series of steps Trump has taken to confront government watchdogs tasked with oversight of the...
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FILE - In this Feb. 6, 2020, file photo, Speaker of the House Nancy Pelosi, D-Calif., talks during a news conference at the Capitol in Washington. President Donald Trump and Pelosi have not spoken in five months at a time when the nation is battling its worst health crisis in a century. (AP Photo/J. Scott Applewhite, File)
April 06, 2020 - 11:59 pm
WASHINGTON (AP) — Congressional leaders are jolting ahead with another coronavirus rescue package as President Donald Trump indicated Monday that Americans will need more aid during the stark pandemic and economic shutdown. House Speaker Nancy Pelosi said another $1 trillion is needed, beyond the...
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FILE - In this Nov. 13, 2019, file photo Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington. On Wednesday, Jan. 29, 2020, the Federal Reserve issues a statement and economic projections, followed by a news conference with Fed Chair Jerome Powell. (AP Photo/Jose Luis Magana, File)
April 06, 2020 - 5:22 pm
WASHINGTON (AP) — The Federal Reserve said Monday it will support the government's $349 billion small business lending program, which had a rocky start Friday. The Fed said that it will buy loans that banks make to small businesses as part of the program, which is being carried out by banks and the...
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April 02, 2020 - 8:39 am
BEIJING (AP) — Toyota Motor Co. and Chinese electric automaker BYD Co. announced a partnership Thursday to develop battery-powered vehicles, adding to a flurry of industry tie-ups to share soaring development costs. Automakers are spending billions of dollars to create low-cost models that appeal...
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President Donald Trump hands a pen to Senate Majority Leader Mitch McConnell of Ky., after signing the coronavirus stimulus relief package in the Oval Office at the White House, Friday, March 27, 2020, in Washington. From left, White House chief economic adviser Larry Kudlow, Treasury Secretary Steven Mnuchin, McConnell, Trump, House Minority Leader Kevin McCarty, R-Calif., and Vice President Mike Pence. (AP Photo/Evan Vucci)
April 02, 2020 - 6:23 am
WASHINGTON (AP) — President Donald Trump aims to shovel $2.2 trillion into the U.S. economy over the next few weeks to try to cushion its free fall. But that means putting his fate in the hands of banks, profit-minded businesses and government bureaucrats he has frequently derided, along with a man...
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Linda DeFrancesco stocks shelves with her farm's own salsa, spreads, veggies and salsa at DeFrancesco Farm Stand in Northford, Conn., Thursday, March 26, 2020. Businesses across the state are worried about the impact of the coronavirus, even the ones considered "essential" like farmers' markets and garden centers. The farm stand opens Saturday at 10 a.m. (Dave Zajac/Record-Journal via AP)
March 30, 2020 - 4:14 pm
NEW YORK (AP) — When will the money arrive? That's the urgent question for small business owners who have been devastated by the coronavirus outbreak. They're awaiting help from the $2 trillion rescue package signed into law Friday. But with bills fast coming due, no end to business closings and an...
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FILE - In this March 28, 2018 file photo, former U.S. Sen. Tom Coburn speaks at a news conference in Oklahoma City. Coburn has died. He was 72. A cousin tells The Associated Press that he died early Saturday, March 28, 2020. Coburn had been diagnosed with prostate cancer years earlier. The Oklahoma Republican railed against federal earmarking and earned a reputation as a political maverick. (AP Photo/Sue Ogrocki, File)
March 28, 2020 - 3:10 pm
OKLAHOMA CITY (AP) — Former U.S. Sen. Tom Coburn was stubborn as a mule and conservative to his core. But the Oklahoma family doctor, known for railing against federal earmarks, didn’t let political differences dictate whom he called friends — even if it didn’t sit well with some of his supporters...
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FILE - In this Feb. 3, 2020, file photo, Sen. Pat Toomey, R-Pa., walks at the Capitol in Washington. The nation's fiercest fiscal conservatives are largely embracing the massive economic rescue package moving through Congress. In many cases, those conservatives who support the $2 trillion coronavirus spending bill are the very same who raged against the $800 billion economic stimulus package backed by the Obama administration after the 2008 financial crisis. (AP Photo/J. Scott Applewhite, File)
March 28, 2020 - 1:44 pm
NEW YORK (AP) — Republicans who have spent the past decade howling about the danger of ballooning deficits embraced the coronavirus rescue package approved by Congress and signed by President Donald Trump, shrugging off past concerns about spending in the face of a public health crisis. In many...
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President Donald Trump speaks before he signs the coronavirus stimulus relief package in the Oval Office at the White House, Friday, March 27, 2020, in Washington. Listening are from left, Larry Kudlow, White House chief economic adviser, Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, R-Ky., and House Minority Leader Kevin McCarty of Calif. (AP Photo/Evan Vucci)
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March 28, 2020 - 12:09 am
WASHINGTON (AP) — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law after swift and near-unanimous action by Congress to support businesses, rush resources to overburdened health care providers and help struggling families during the deepening coronavirus...
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