Senate will vote to pass more small business aid Thursday, McConnell says

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Sarah Silbiger | Bloomberg | Getty Images Senate Majority leader Mitch McConnell said he hopes to approve further funding for the small business loan program this Thursday.

"I will work with Secretary Mnuchin and Leader Schumer and hope to approve further funding for the Paycheck Protection Program by unanimous consent or voice vote during the next scheduled Senate session on Thursday, he said.

Congress late last month approved a $350 billion small business program as part of a more than $2 trillion stimulus bill passed aimed at helping the economy recover from the coronavirus pandemic. Administration officials and lawmakers have acknowledged the loan program may not be enough.This is breaking news. Please check back for updates.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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273.57 buy algo now

the fed absorbed all that selling today from high and now can pump it with no volume. They also gapped it overnight with tiny volume otherwise, it couldn't have broke out

yes powell, thank you I just make $30k in 1 hour with my calls, could go higher, but I'll sell now in case it can't make a new high today

Actually surprised there are 4-1 call options expiring this week. This may be the first time they let retail win

the problem is this is horrible for the market. you can't fix or stimulate an economy with deficit spending, Leaving it alone is the best option

love how they put this news out when market is tanking from highs, ironic, right. I'm sure McConnell bought stocks right before

crazy as soon as big volume comes, it sells off, this is probably the best controlled selloff. Hey sell at this high since you know the fed is going to buy. I don't own anything right now except playing options

job numbers come out Thursday which is an expiry day. Wonder if they will get bulls complacent and then tank it on Thursday, that would be a crap move

WHEN WILL VOLUME SHOW UP, THIS MOVE UP TODAY AND YESTERDAY IS ON TINY VOLUME. SHOULD WE TRUST IT YET, JUST WONDERING IF I SHOULD CLOSE MY CALLS BEFORE END OF DAY

YES POWELL, I LOVE MY CALLS THANKS, TELL YOUR LOVER i SAID HI

YES JEROMOE POWEEL FUDGE PACK IT UP

279.89 BUY ALGO IS NOW SUPPORT

Please cover Wells Fargo!!! Just received an email from them (I was on their waiting list) and they will not process my PPP.

271.89 JUS TLIKE I SAID, WHEN YOU SPOT A BUY ALGO, IF IT DROPS UNDERNETAH, BUY CALLS, IT WILL ALWAYS GET BACK TO IT

RIGHT WHEN i BUY CALLS, TRUMP SAYS IN CONFERENCE THAT THE SHUTDOWN WILL BE EXTENDED TO AT LEAST JUNE

ANY SEC NOW SPY WILL GET BACK TO 271.89

HAHAH LOVE THE BUY ALGO 271.89 IT WILL GET RIGHT BACK THERE EVEN IF WE DROP A LITTLE

Trump worshippers believe he hires only the best.

THIS IS THE ONLY FALLING DOWN, IF YOU SEE CONSTANT HUGE SELLS BLOCKS, NEVER BELOW 271.89 NOW

MIGHT NEED TO START UP THE PRESS AGAIN RIGHT HERE

NEXT LEG UP, COME ON POWELL FUDGE PACK IT

QUESTION: IS JEROME POWELL A FUDGE PACKER

IF YOU CAN'T BEAT THEM JOIN THEM, TIME TO BUY CALLS

Not without a provision to safeguard elections in November by instituting nationwide mail-in voting.

TONS OF SELLING TODAY IN THE MARKET, WITH THE FED BEING THE ONLY BUYER, SCARY AS HELL

marcorubio Yea I went to the HouseDemocrats and HouseGOP with my ideas last night - because I truthfully believe that Pelosi has a more powerful voice than any Senator. I am sure you don’t disagree.

THAT IS REALLY BAD, THE CURRENCY DEVALUATION WILL CAUSE HYPER INFLATION, DO THESE IDIOTS REALIZE THEY ARE NATIONLIZING THE CAPITAL MARKET. DO YOU KNOW WHAT THAT MEANS? MILK AT $100

more free money

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U.S. banks grapple with system glitches, paperwork snags as small-business program ends fourth dayThe U.S. government's $350 billion small-business rescue program was plagued by paperwork and technical issues as it lurched to the end of a fourth day on Monday, with some banks experiencing major glitches with the processing system, according to industry groups, bankers and an email seen by Reuters. thebearablebull Don't make a bank run they said thebearablebull XRP Thousands of successful applications. A handful of glitches. Which does the fake news media highlight?
Source: Reuters - 🏆 2. / 97 Read more »