House set to pass $3 trillion relief bill as Fed chairman urges Congress to spend

May 13, 2020 |

House Speaker Nancy Pelosi (D-CA) introduced a $3 trillion relief bill on Tuesday aimed at blunting the COVID-19 pandemic’s impact on the economy – the largest federal rescue since the New Deal in the 1930s. The bill, named the Heroes Act, contains several measures that would shore up the housing market: $75 billion in mortgage […more]

Posted in: San Francisco

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