Pelosi Statement on President Trump Signing Third Coronavirus Bill

March 27, 2020
Press Release

Washington, D.C. — Speaker Nancy Pelosi released this statement after President Trump signed the third coronavirus response bill:

“Thanks to the leadership of Congressional Democrats, today, President Trump signed a bill that has been transformed from corporate-focused to workers-first.  It is the third in a series of bills where Democrats insisted on taking responsibility for families and workers first.

“For our workers, Democrats dramatically expanded Unemployment Insurance and defeated Republicans’ attempt to claw back the $600 per week in added benefits that will provide essential relief to the record number of Americans losing their jobs.  We successfully achieved full direct payments for workers, ensuring that working class American families will be eligible to receive as much as $3,400 for a family of four. 

“We ensured that any taxpayer dollars given to industry goes first and foremost to workers’ paychecks and benefits – not used to pad CEO bonuses or fund stock buybacks or dividends.  And we have secured robust, special oversight that will hold the Administration accountable.

“We are also proud to have secured a truly historic investment of hundreds of billions in hospitals, health systems and state and local governments, ensuring that they have the tools needed to combat the virus. 

“For small businesses, we won fast relief for those in need, including by securing $10 billion for SBA emergency grants of up to $10,000 and making payroll costs, rent, mortgage interest and utility costs eligible for SBA loan forgiveness. 

“For our students, we paused payments for federal student loan borrowers and suspended wage garnishment and negative credit reporting during this time. 

“For our veterans, we secured nearly $20 billion in funding to improve VA’s readiness with equipment, tests and additional care.

“Our nation faces one of the gravest health and economic emergencies of the last century.  This bill is a downpayment. We must deliver free coronavirus treatment, more help for hospitals, states and local governments, increased SNAP, bigger direct payments, pension assistance and expanded FMLA — without exception. 

“While we thank our heroic health care workers and first responders they must have the personal protective equipment to safely do their jobs and strong OSHA rules to protect them in the work place.  Right now they are risking their lives to save lives, and we must get them supplies immediately.

“We must do more to address the health emergency, mitigate the economic damage, and provide for a strong recovery.”