The newest twist in the talks appears to be fast-tracking negotiations to aid the airline industry while shelving prospects for broader unemployment aid and other programs. But the situation seemed somewhat fluid in the wake of a late-night change of heart from Trump, where he demanded piecemeal legislation on $1,200 stimulus checks and small-business assistance, in addition to airline aid.
White House Chief of Staff Mark Meadows said the administration still held out hope for such one-off measures — even though Democrats have consistently rejected that approach — and Trump broke his coronavirus isolation Wednesday afternoon to go into the Oval Office, where a spokesman said he was being briefed on stimulus talks.
After sinking on Tuesday, the stock market rallied sharply Wednesday on the prospect of a partial deal. The Dow Jones industrial average closed up 531 points, or nearly 2 percent. Airline stocks fared even better, with American