Photo: Alex Wong/Getty Images

Speaker Nancy Pelosi told CNBC's Jim Cramer Tuesday that there is "real optimism" that a coronavirus stimulus deal could come together "in the next few hours."

Driving the news: One "big change" in the negotiations that Pelosi highlighted was the fact that Senate Republicans and the Trump administration agreed to House Democrats' oversight language for the $500 billion fund designed to help impacted industries.

What she's saying: "This bill will be a trillion-dollar bill, which nobody even saw until Saturday. So while we all appreciate the urgency, it's a big responsibility to do it right and, where we can find shared values, to do that."

  • She said that her preference to get the bill passed would be via unanimous consent in the House — but noted that certain "poison pills" from Republicans could jeopardize that.

The other side: Senate Majority Leader Mitch McConnell echoed Pelosi's optimism on the Senate floor Tuesday, saying he believes negotiators are on the "five-yard line."

  • "It's taken a lot of noise and a lot of rhetoric to get us here. That, of course, sometimes happens in this town. ... Today we can make all of the Washington drama fade away. If we act today, what Americans will remember and what history will record is that the senate did the right thing.”

The big picture: The stock market responded positively to the current state of negotiations on Tuesday morning, jumping more than 5% at the market's open.

Go deeper

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 p.m. ET: 32,471,119 — Total deaths: 987,593 — Total recoveries: 22,374,557Map.
  2. U.S.: Total confirmed cases as of 10 p.m. ET: 7,032,524 — Total deaths: 203,657 — Total recoveries: 2,727,335 — Total tests: 99,483,712Map.
  3. States: "We’re not closing anything going forward": Florida fully lifts COVID restaurant restrictions — Virginia Gov. Ralph Northam tests positive for coronavirus.
  4. Health: Young people accounted for 20% of cases this summer.
  5. Business: Coronavirus has made airports happier places The expiration of Pandemic Unemployment Assistance looms.
  6. Education: Where bringing students back to school is most risky.
Mike Allen, author of AM
4 hours ago - Politics & Policy

Biden pushes unity message in new TV wave

A fresh Joe Biden ad, "New Start," signals an effort by his campaign to make unity a central theme, underscoring a new passage in his stump speech that says he won't be a president just for Democrats but for all Americans.

What he's saying: The ad — which began Friday night, and is a follow-up to "Fresh Start" — draws from a Biden speech earlier in the week in Manitowoc, Wisconsin:

Trump prepares to announce Amy Coney Barrett as Supreme Court replacement

Judge Amy Coney Barrett. Photo: Matt Cashore/Notre Dame University via Reuters

President Trump is preparing to nominate federal appeals court Judge Amy Coney Barrett of Indiana, a favorite of both the social conservative base and Republican elected officials, to succeed Justice Ruth Bader Ginsburg, Republican sources tell Axios.

Why it matters: Barrett would push the already conservative court further and harder to the right, for decades to come, on the most important issues in American politics — from abortion to the limits of presidential power. If confirmed, she would give conservatives a 6-3 majority on the high court.

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