US House Speaker Pelosi: Will bring budget resolution to House floor next week

Eren Sengezer FXStreet

US House Speaker Nancy Pelosi said on Thursday that they are not taking any tools off the table for getting the coronavirus relief bill passed, as reported by Reuters.

Pelosi further noted that House will pass a reconciliation bill and added that they will bring the budget resolution to House floor next week.

Market reaction

The market mood remains upbeat following these comments. As of writing, the S&P 500 Index was up 1.6% on the day and the Dow Jones Industrial Average was gaining 1.75%.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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