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House Speaker Nancy Pelosi (D-Calif.) has given the White House a 48-hour deadline to reconcile differences in stimulus negotiations "to demonstrate that the Administration is serious about reaching a bipartisan agreement," a top Pelosi aide tweeted Saturday night.

Driving the news: Pelosi said on ABC's "This Week" Sunday that the 48-hour deadline only applies to being able to get a deal done before the election. She said she is "optimistic" about the talks, but that a true breakthrough "depends on the administration."

The state of play: Pelosi and Treasury Secretary Steven Mnuchin spoke for over an hour Saturday night, and the discussions yielded "some encouraging news on testing," Pelosi's deputy chief of staff Drew Hammill said. But the pair still had differences on a plan for testing and contact tracing and "measures to address the virus’ disproportionate impact on communities of color."

  • Hammill had tweeted on Thursday that Mnuchin had agreed to accept the Democrats' language on a national testing plan with "minor" edits after an hourlong discussion.
  • President Trump has been eager for a pre-election stimulus boost to the economy and has encouraged Mnuchin to go further than his current $1.8 trillion proposal — even though it has virtually no chance of passing the Senate.

What they're saying: "The Speaker and Secretary Mnuchin spoke at 7:40 p.m. by phone tonight for just over an hour. While there was some encouraging news on testing, there remains work to do to ensure there is a comprehensive testing plan that includes contact tracing and additional measures to address the virus’ disproportionate impact on communities of color," Hammill wrote in a series of tweets.

  • "There remains an array of additional differences as we go provision by provision that must be addressed in a comprehensive manner in the next 48 hours."
  • "Decisions must be made by the White House in order to demonstrate that the Administration is serious about reaching a bipartisan agreement that provides for Americans with the greatest needs during the pandemic."

The other side: Senate Majority Leader Mitch McConnell has said he would not put a potential $1.8 trillion+ deal struck by Democrats and the Trump administration on the Senate floor. Instead, the Senate will vote next week on a Paycheck Protection Program extension and a targeted $500 billion relief package.

What to watch: Pelosi and Mnuchin are set to continue talks on Monday, per the Wall Street Journal.

Go deeper

Jan 26, 2021 - Politics & Policy

Minority Mitch still setting Senate agenda

Illustration: Aïda Amer/Axios

Chuck Schumer may be majority leader, yet in many ways, Mitch McConnell is still running the Senate show — and his counterpart is about done with it.

Why it matters: McConnell rolled over Democrats unapologetically, and kept tight control over his fellow Republicans, while in the majority. But he's showing equal skill as minority leader, using political jiujitsu to convert a perceived weakness into strength.

Trump voices support for Saturday's pro-Capitol riots rally

Photo: Tayfun Coskun/Anadolu Agency via Getty Images

Former President Trump on Thursday expressed solidarity with people facing prosecution in connection to the Capitol insurrection.

Why it matters: The statement was issued ahead of Saturday's rally to protest the treatment of Capitol rioters. Over 600 known federal defendants face charges related to the Jan. 6 insurrection.

Clinton-linked lawyer indicted in investigation of FBI's Russia probe

Photo: Eric Baradat/AFP via Getty Images

A grand jury has returned an indictment against Michael Sussmann, a lawyer whose firm represented the 2016 Clinton campaign, for lying to the FBI about not representing "any client" when he presented them with allegations about a secret Trump Organization back-channel to a Russian bank.

Why it matters: It's the second criminal charge stemming from special counsel John Durham's review of possible misconduct by the intelligence community and prosecutors who investigated the 2016 Trump campaign's ties to Russia.