Trump Promises Executive Orders On Unemployment, Student Loans And Eviction Ban After Stimulus Talks Fail

angel may

TOPLINE

With key benefits from the CARES Act having already expired and lawmakers unable to agree on a new coronavirus relief package, President Trump on Friday doubled down on his intention to pursue executive orders to prop up the ailing American economy if lawmakers can’t reach a deal.

KEY FACTS

“If Democrats continue to hold this critical relief hostage, I will act under my authority as President to get Americans the relief they need,” Trump said during a press briefing.

Trump laid out a plan to use executive orders to extend enhanced unemployment benefits through the end of the year (though he declined to say at what level those benefits would be extended), defer student loan payments and forgive interest “until further notice” (a policy that will likely apply only to federal loans) and extend an eviction moratorium for certain renters. 

Negotiations on Friday reached what could be

Read More