Green Light on Incentive Package
The green light on the incentive package, which was the subject of discussion in the USA. The White House once again signaled a comprehensive stimulus package after the ongoing talks.
The White House changed direction after the spokesperson of the House of Representatives,
Nancy Pelosi’s idea to withdraw the individual measures part of the stimulus package, which was planned to be used to get rid of the economic effects of the coronavirus epidemic, again signaling a wide-ranging stimulus package.
Speaking on the issue, Pelosi's Spokesperson Drew Hamilton made a 40-minute phone call from US Treasury Secretary
Steven Mnuchin to Nancy Pelosi, in which he announced that
US President Donald Trump wanted a comprehensive stimulus package.
Meanwhile, White House Spokesperson Alyssa Farah, said “We clearly stated what kind of incentive package we wanted”, clarified the issue of being open to a larger incentive package to journalists after these statements. Farah also repeated the opposition to the democrats' $ 2.2 trillion plan.
Volatile ongoing negotiations also led the stocks to a volatile course. Airline shares were mixed due to potential stimulus package news. The S&P 500 Index rebounded in Thursday's trading after a sharp decline on Tuesday as President Trump stopped talks.