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Trump signs orders aimed at extending some pandemic relief after Congress fails to reach a deal

Editor CNBC August 8, 2020

 

U.S. President Donald Trump speaks after signing executive orders for economic relief during a news conference amid the spread of the coronavirus disease (COVID-19), at his golf resort in Bedminster, New Jersey, U.S., August 8, 2020. REUTERS/Joshua Roberts

JOSHUA ROBERTS | REUTERS

President Donald Trump on Saturday signed a series of executive orders expanding coronavirus economic relief to Americans struggling during the pandemic.

The president’s four orders extend unemployment benefits, provide a payroll tax holiday, defer student loan payments through 2020 and extend the federal moratorium on evictions.

Trump’s orders will quickly face a legal challenge, as continuing the programs would require federal funding, which Congress controls.

“We’re going to save American jobs and provide relief to the American workers,” Trump said during a press conference at his private golf club in Bedminster, New …continued .
[Source: CNBC News]

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