We will bring the budget resolution to the House of Representatives next week

The Speaker of the United States House of Representatives, Nancy Pelosisaid Thursday that they won’t remove any tools from the table for the coronavirus relief bill to pass, as reported by Reuters.

Pelosi further noted that the House will pass a reconciliation bill and added that they will bring the budget resolution to the House next week.

Market reaction

The market mood remains optimistic following these comments. At time of writing, the S&P 500 Index is up 1.6% on the day and the Dow Jones Industrial Index is up 1.75%.

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