US House Speaker Pelosi: Feels optimistic after talks with White House

Anil Panchal FXStreet

In contrast to the White House Chief of Staff Mark Meadows, House Speaker Nancy Pelosi sounds optimistic about delivering a deal.

Key quotes

Feels optimistic after talks with White House.

I and Senate Democratic Leader Chuck Schumer are determined to come to an agreement on Coronavirus (COVID-19) legislation that meets US public needs.

On the other hand, Senate Democratic Leader Schumer said:

Democrats will stay in Washington as long as it takes to get an agreement, will not walk away.

This is a huge crisis and Democrats will only support a broad bill that meets that crisis.

Market reaction

The news keeps the risk-tone light while waiting for fresh updates from US President Donald Trump who is to speak shortly.

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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