Pelosi Shoots Down Wall Street's Hopes For a Bailout
4 years ago
2
Now that Jerome Powell has confirmed that the Federal Reserve has already done everything in their power to prop up the stock market, Wall Street has been hanging all of its hopes on a bailout from Washington in the form of a new bipartisan stimulus deal. Based on what Pelosi said today however, it appears unlikely that such a deal will come before the November election. Can the stock market hang on that long without a new source of free money?
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