US Senate Minority Leader Schumer: Republican coronavirus bill unsatisfactory

Eren Sengezer FXStreet

Republicans' coronavirus-response bill is "unserious and unsatisfactory," US Senate Minority Leader Chuck Schumer said on Thursday, as reported by Reuters.

Earlier in the day, US Treasury Secretary Mnuchin said the Trump administration was focused on putting in $1 trillion in the next coronavirus bill and added that there could be a fifth relief bill.

Market reaction

These comments don't seem to be having a significant impact on market sentiment. As of writing, the S&P 500 Index (SPX) was flat on the day at 3,276.

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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