By Jim Tankersley & Emily Cochrane | NYT |
Topics Donald Trump | Coronavirus | S&P 500
President Trump declared a national emergency on Friday over the coronavirus pandemic and announced steps he said would speed the availability of testing, and early Saturday, the House passed a bill reflecting a deal with his administration to provide billions of dollars to help sick workers and to prop up a slumping economy.
Markets rallied on Mr. Trump’s emergency declaration, which he said would free up $50 billion for states and localities to cope with the outbreak — separate from the congressional relief measure —.....
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