Just about everyone on Capitol Hill is suffering from whiplash as President Trump put an end to negotiations on a new economic stimulus package...saying it should wait until after the election. But then? He tweeted that he wants a bill on his desk to get another round of stimulus money for the American people.
Part of the change of heart could have been that the Dow Jones Industrial Average dropped more than 300 points in a few minutes after the President's initial announcement. The S&P 500 suffered about 40 points and the Nasdaq dropped more than 150 points.
Either way, few could have been more surprised when Trump took to Twitter last night saying he was ready to move ahead...but there’s a catch. “If I am sent a Stand Alone Bill for Stimulus Checks ($1,200),” he wrote overnight. “They will go out to our great people IMMEDIATELY. I am ready to sign right now. Are you listening Nancy?” Who knows if she is, but there wasn’t a response as of press time.
Source: White House