Trump Signs Coronavirus Relief Bill; Admin Protects Homeowners From Foreclosure

President Donald Trump signed a bill into law on Wednesday night that provides critical support to Americans impacted by the coronavirus.

The bill provides “sick leave, unemployment benefits, free coronavirus testing, and food and medical aid to people affected by the pandemic” that originated in China, The New York Times reported. “Lawmakers and the White House are already drafting another economic stabilization package that would send direct payments to taxpayers and provide loans to businesses.”

“This is a time for urgent bipartisan action, and in this case, I do not believe we should let perfection be the enemy of something that will help even a subset of workers,” Senate Majority Leader Mitch McConnell (R-KY) said. “Just how long it will take to get through these steps is unclear, but as everyone knows we are moving rapidly because the situation demands it.”

The move comes after the Federal Housing Finance Agency announced on Tuesday that it was enacting foreclosure protections that would cover a vast majority of Americans for the next two months.

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