The California governor Newsom has responded to the US president’s attempt to get a deal done on the relief package. He has said that Trump’s unemployment plan would cost $700mln weekly and California can’t afford Trump’s unemployment plan. The US Senate Democratic leader Schumer has also been commenting, calling on the Republicans to meet in the middle. Leader McConnell said earlier that his hope was the ”Senate would be spending his week turning a major agreement into law, but sadly the Speaker..& the Democratic Ldr decided we would not deliver any of that, none of that….they stalled and stalled in negotiations with the president’s team.” I hoped this week we’d be finalizing major legislation. After all, American families are struggling and need help. But Speaker Pelosi and Leader Schumer decided not to deliver. I am glad the president stepped in to soften the blow of their hostage tactics. Market implications Without news on progress in a US fiscal support bill, there has been little attention to paid to it. Instead, the S&P 500 ended up slightly and the Nasdaq fell on Monday as investors extended a rotation into value stocks from heavyweight tech-related names. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Yi Gang, governor of PBoC: China to continue implementing phase-one trade agreement FX Street 2 years The California governor Newsom has responded to the US president's attempt to get a deal done on the relief package. He has said that Trump's unemployment plan would cost $700mln weekly and California can't afford Trump's unemployment plan. The US Senate Democratic leader Schumer has also been commenting, calling on the Republicans to meet in the middle. Leader McConnell said earlier that his hope was the ''Senate would be spending his week turning a major agreement into law, but sadly the Speaker..& the Democratic Ldr decided we would not deliver any of that, none of that….they stalled and stalled in negotiations with… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.