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Foley-backed blank-check acquisition firm nears $9 billion Paysafe deal: sources - Yahoo Singapore News

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COVID-19 relief: What's on the table as Congress seeks deal

After numerous fits and starts and months of inaction, optimism is finally building in Washington for a COVID-19 aid bill that would offer relief for businesses, the unemployed, schools, and health care providers, among others struggling as caseloads are spiking. Under pressure from moderates in both parties, House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell have initiated late-game negotiations in hopes of combining a relief package of, in all likelihood, less than $1 trillion with a separate $1.4 trillion governmentwide omnibus spending bill. Success is not certain and considerable differences remain over items such as aid to states and local governments, liability protections for businesses and universities reopening during the pandemic, and whether to issue a second round of $1,200 direct payments to most Americans.

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December 07, 2020 at 03:48AM
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Foley-backed blank-check acquisition firm nears $9 billion Paysafe deal: sources - Yahoo Singapore News
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