White House economic adviser Larry Kudlow told CNBC on Wednesday that they hope to continue working on the coronavirus aid bill after the elections, even if there is no decided Congress as reported by Reuters.
“It is unclear whether a COVID-19 aid stimulus bill will be attached to the government funding bill,” Kudlow added, noting that he will meet with Treasury Secretary Steven Mnuchin later that day.
Market reaction
The S&P 500 Index extends its rally on Wednesday and was last seen gaining 3.12% on the day at 3,473.
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Credits: Forex Street
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