Trump’s Executive Orders Challenge Congress to Reach Broader Stimulus Deal

Trump’s Executive Orders Challenge Congress to Reach Broader Stimulus Deal
House Speaker Nancy Pelosi (D-Calif.), with Senate Minority Leader Chuck Schumer (D-N.Y.), speaks to reporters at the Capitol in Washington on Aug. 1, 2020. Manuel Balce Ceneta/AP Photo
Emel Akan
Updated:

WASHINGTON—Wall Street received a boost from President Donald Trump’s new executive orders that extended some pandemic relief. While the relief falls short of expectations, it provides a new incentive for Congress to reach a deal on a broader fiscal package, economists say.

Trump signed four executive orders on Aug. 8, extending extra unemployment benefits, deferring payroll taxes, extending student loan relief, and providing assistance to renters and homeowners through eviction protections.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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