Susan Davis

The $350 billion small business program created in the massive coronavirus relief package is popular, and multiple senators say more money is needed to keep it afloat.

Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell agree that Congress will have to pass more legislation to combat the pandemic, but they disagree on what to do next, and when.

The CARES Act offers relief to state and local governments, individuals, small and large businesses, and hospitals affected by the coronavirus crisis.

The emergency relief package includes direct payments to Americans, expanded unemployment insurance, aid to large and small businesses, and significant funding for the health care industry.

The House speaker said a Senate agreement could be "done in the next few hours." The remarks are a boost for an approximately $2 trillion deal to revitalize an economy hobbled by the outbreak.

Senate Minority Leader Chuck Schumer negotiated late into the night with Treasury Secretary Steven Mnuchin and spoke hopefully of a deal coming together on Tuesday.

The future of a coronavirus aid package that's likely to top $1 trillion is in limbo following the failure of a necessary procedural vote in the Senate. Senators aim to vote again Monday.

The bill, which still needs to be negotiated with Senate Democrats, provides direct cash payments, loan guarantees for impacted businesses and more resources for testing and development of vaccines.

The Senate passed an emergency aid package and the president signed it. An even larger stimulus package is also in the works. Meanwhile, two members of Congress have tested positive for COVID-19.

The Senate approved a new package earlier Wednesday providing paid sick leave and boosting testing for the coronavirus.

Treasury Secretary Steven Mnuchin said discussions included payments to small businesses, loan guarantees for industries like airlines and hotels, and a stimulus package for workers.

The House is in recess, but senators return to Washington this week to take up the House-passed financial aid bill to address the economic threat to workers posed by the coronavirus.

Former New York Mayor Michael Bloomberg on Wednesday suspended his campaign for the White House and endorsed former Vice President Joe Biden.

Former New York Mayor Michael Bloomberg spent more than $500 million to wage a national campaign, starting with the 14 states that held primaries on Tuesday. He lost all of them.

Former New York Mayor Mike Bloomberg faces voters for the first time today — a true test of whether his campaign has built real strength off of the massive sums of money he's spent so far.

Fourteen states hold contests on Super Tuesday, with about a third of all delegates for the Democratic presidential nomination at stake. Amy Klobuchar and Pete Buttigieg are the latest to drop out.

The billionaire former New York City mayor skipped the early-state contests in favor of a national campaign strategy funded entirely from his personal fortune.

Former New York Mayor Michael Bloomberg sees a chance to seize the moment in the Democratic primary as a trusted leader in times of crisis as fears rise over the coronavirus outbreak.

In response, President Trump has said: "The Democrats are politicizing the coronavirus."

The support of Rep. James Clyburn, one of the most influential African Americans in South Carolina politics, is not a surprise but hints at an effort to win over black voters.