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McConnell: Standalone bill on $2,000 checks has "no realistic path to quickly pass Senate"

Senate Majority Leader Mitch McConnell (R-Ky.) said on Wednesday he does not see a "realistic path to quickly pass" a House-approved standalone measure for $2,000 stimulus checks, despite calls from President Trump for increased payments.

Why it matters: The move effectively kills any pathway to pass the bill before the end of the the 116th Congress.


What he's saying: McConnell said he has no intention of splitting apart a broader package that combines the checks with Trump's other demands on an election fraud commission and the repeal of legal protections for tech companies — two no-gos for Democrats.

  • "The Senate is not going to split apart the three issues that President Trump linked together just because Democrats are afraid to address two of them," the leader said from the Senate floor.
  • "The Senate is not going to be bullied to rushing out more borrowed money into the hands of Democrats' rich friends that don't need the help," he added.

Between the lines: Trump has been at war with McConnell for days over the president and Democrats' push to raise stimulus checks from $600 to $2,000.

  • Earlier this week, 44 House Republicans joined the majority of Democrats to pass the House's standalone measure.
  • Some Republicans have coalesced around Trump's bid for increased checks, including Georgia Sens. Kelly Loeffler and David Perdue, who have runoff elections next week.
  • Fellow GOP Sens. Josh Hawley (Mo.), Marco Rubio (Fla.) and Lindsey Graham (S.C.) have also publicly supported the raise.

Go deeper: Trump slams McConnell for blocking vote on $2,000 stimulus checks

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Top Biden adviser Anita Dunn departs White House today

Anita Dunn, one of President Biden's closest advisers during the campaign and as he built his administration, will depart the White House after today but remain a top confidant.

Why it matters: Dunn is one of the small handful of aides in the Oval Office who preps Biden before any major appearance. She helped place women in senior roles throughout the West Wing.

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BuzzFeed announces plans to go public via SPAC

BuzzFeed said Thursday it plans to go public via a special purpose acquisition company (SPAC). The company is targeting a $1.5 billion valuation upon combining with 890 Fifth Avenue Partners, Inc., a blank-check company.

Driving the news: As part of the transaction, Buzzfeed said it plans to acquire Complex Networks, a lifestyle and entertainment media company, for $300 million in cash and stock.

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In photos: World commemorates 32nd anniversary of Tiananmen Square massacre

Thirty-two years after the Chinese government cracked down on student protesters in Tiananmen Square, people around the world gathered to remember the bloody June 4 event and its victims.

Why it matters: Pro-democracy activists in Hong Kong have long rallied around the Tiananmen anniversary, which over the years has become synonymous with the struggle against the Chinese Communist Party. This year, Hong Kong officials banned a scheduled vigil for the second year in a row.

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