Best three day run for the Dow since 1931.
Congressional spending will amount to $2 trillion and Fed spending will add another $4 trillion.
Stocks rose sharply on Tuesday on hopes that Democats and Republicans would be able to agree on an economic rescue package.
Hopes for quick progress on an economic rescue package in the U.S. Senate were crushed by Democrats Monday.
Faced with an acute economic emergency, Dems are reaching to establish racial quotas for banking by Federal agencies.
The Democrats on Sunday accused Republicans of “rushing” an aid package even as the economy has contracted and financial markets crashed.
American businesses are actively stepping to help combat the coronavirus by changing their factories over to making goods and equipment needed by health care workers.
“I want money to be used for workers and for opening businesses, keeping businesses open. Not buybacks,” Trump said.
The rescue package has been introduced by Senate Majority Leader Mitch McConnell.
Nearly all of the Trump stock market boom has now fallen victim to the coronavirus pandemic. The Dow Jones Industrial Average dropped 1,338.46 points, around…
White House Coronavirus ‘Stage 3’ Rescue Includes $500 Billion in Income Security Payments to Individuals
The Trump administration’s plan for ‘stage 3’ of economic rescue measures includes two rounds of payments to Americans, each in an aggregate amount of $250…
The market gained confidence that the government would support the economy after the Trump administration embraced income support for American workers.