The NPR Politics Podcast Senators Clash Over How Soon To Reopen The Economy
May 19, 2020
Senators are in a heated debate about the speed of reopening the economy and the effectiveness of COVID-19 relief measures. Key financial officials testify, revealing stark divisions on how to support struggling families and businesses. Some argue for quick recovery, while others emphasize safety and caution. The discussions delve into the $2 trillion CARES Act, with opposing views on fund distribution and future aid. As unemployment benefits face expiration, the urgency for a balanced approach intensifies.
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Grocery Store During Pandemic
- A midwestern grocery store cashier describes the current situation amidst the pandemic.
- They are receiving limited supplies of essential goods like toilet paper and implementing safety measures.
Senate Hearing on Economy
- Treasury Secretary Mnuchin and Federal Reserve Chair Powell testified before a Senate committee.
- The senators questioned them about the economic impact of the coronavirus and the government's relief efforts.
Virtual Hearing and CARES Act
- Senators questioned Mnuchin and Powell about the CARES Act and its impact.
- The hearing was held virtually, with participants dialing in via video conference or phone.