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White House, Democrats no closer to reaching stimulus deal after unemployment benefits expire

Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi took the standoff on the next coronavirus stimulus package to ABC's "This Week" on Sunday.

Why it matters: Enhanced unemployment insurance expired for tens of millions of Americans on July 31, while those in talks to secure the next coronavirus stimulus package have made it clear that a deal is a long way off.


What they're saying: "We have been for the $600. They have a $200 proposal, which does not meet the needs of America's working families. And it's a condescension, quite frankly, because they're saying, [they] really don't need it, they're just staying home, they're making more money because it's $600," Pelosi told ABC.

  • Minutes later Mnuchin said on the same program: "We proposed a one-week extension at $600 so that while we negotiate a longer-term solution, at least all those people don't lose their money. And I'm surprised the Democrats won't agree to that. They are insistent on having this as part of a larger deal."

Where it stands: Senate Republicans proposed a plan last week that would cut weekly unemployment payments from $600 to $200, the Washington Post reports. House Democrats are in support of a $3-trillion coronavirus stimulus package, in contrast to a $1 trillion plan from Republicans and the White House.

Go deeper: Senate adjourns without extending expiring unemployment benefits

1 dead, 2 injured after pickup truck hits Pride spectators in Florida

A driver in a pickup truck hit spectators at a Pride festival in Wilton Manors, Florida, killing at least one person and wounding two others Saturday, according to Fort Lauderdale Mayor Dean Trantalis, per the SunSentinel.

The big picture: The incident at the Wilton Manors Stonewall Parade and Festival was one of two involving a pickup truck hitting a crowd on Saturday, with several cyclists left critically wounded in Arizona.

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In photos: Brazilians rally against Bolsonaro as COVID deaths top 500,000

Demonstrators took to the streets in at least 22 of Brazil’s 26 states to protest President Jair Bolsonaro's handling of the pandemic — as COVID-19 cases surged past 500,000 on Saturday, per AP.

The big picture: Brazil has the world's second-highest coronavirus death toll and third-highest number of cases. Only 12% of the country's population has been vaccinated against the virus, AP notes.

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Major companies ask Colorado residents not to apply for remote positions

Major companies have said in recent job postings that Colorado residents are ineligible to apply for certain remote positions because a new state law requires businesses to disclose the expected salary or pay range for positions, according to the Wall Street Journal.

Why it matters: The law, which went into effect in January, is meant to help close the gender wage gap and to promote wage transparency for employees, but companies have said Coloradans need not apply to avoid disclosing the information.

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In photos: Communities across nation celebrate Juneteenth

People across the country are celebrating Juneteenth National Independence Day.

The big picture: The date, June 19, memorializes when some of the last enslaved people in Texas learned about their freedom under the Emancipation Proclamation in 1865.

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Separate and unequal paths to business

When a bank turned down George Johnson for a business loan, he got creative. He returned and told the bank he needed $250 to take his wife on a vacation — and was approved. Then he invested the cash in his business, which became the first Black enterprise to trade on the American Stock Exchange.

Why it matters: The highways to success in the U.S. market economy — in entrepreneurship, corporate leadership and wealth creation — are often punctuated with roadblocks and winding detours for people of color.

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Attempting to reform gig work via co-ops

Ride-hailing service The Drivers Cooperative recently debuted in New York City, claiming that its lack of VC funding would result in better driver pay and lower passenger costs.

Why it matters: TDC’s approach is a direct rebuke to the venture capital-fueled gig economy model.

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Conservative cleric Ebrahim Raisi elected Iran's president

Hardliner Ebrahim Raisi easily won Friday's presidential election in Iran, recording 62% of the vote with more than 90% of ballots counted.

Why it matters: Currently the head of Iran's judiciary, Raisi is a close confidant of Supreme Leader Ali Khamenei and has the support of the Islamic Revolutionary Guard Corps (IRGC). His victory solidifies him as a leading candidate to succeed Khamenei, though Friday's low turnout speaks to the disillusionment of many Iranian voters.

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Juneteenth and the country enslaved labor built on the backs of Black Americans

Juneteenth, a once-obscure commemoration of emancipation of enslaved people in Texas, has transformed into an annual reminder about how slavery robbed Black Americans of generational wealth.

Why it matters: That lack of generational wealth still denies Black families the economic security that many white families take for granted.

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