The Presidential Daily Brief

Important

  1. Senate Breaks Logjam, Passes Relief Bill

    The vote was unanimous. With one member ill with COVID-19 and three others self-isolating, the U.S. Senate passed history's biggest stimulus package 96-0 Wednesday. The House is expected to approve the $2.2 trillion bill Friday before sending it to President Donald Trump, who tweeted "Congratulations AMERICA." The package aids businesses, boosts unemployment benefits and provides a $1,200 payment for every adult earning up to $75,000.

    How are markets reacting? Word of the bill sparked a record 11 percent Dow surge Tuesday, but today's jubilation may be tempered by this morning's coronavirus-racked unemployment stats.

    OZY's Donald Dossier anticipates "Trump checks."

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