The president called off negotiations only three days after urging both sides to reach a deal.
“I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Businesses,” the president tweeted Oct. 6, according to the report.
House Speaker Nancy Pelosi, D-Calif., spoke with Treasury Secretary Steven Mnuchin about a relief package on Oct. 5 and planned to talk again Oct. 6. The president accused Ms. Pelosi of “not negotiating in good faith.”
Stocks dropped after the president’s tweets Oct. 6. The Dow Jones Industrial Average fell more than 300 points in the minutes following the announcement, according to CNBC.
More articles on healthcare finance:
7 hospitals with strong finances
Investors extracted $400M from hospital chain that couldn’t afford supplies
OIG tags California hospital for erroneous billing
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
