Mar 2, 2017

Senators want to meet Trump dossier spy

Alexander Zemlianichenko / AP

The Senate Intelligence Committee has approached Christopher Steele, the former British spy who authored the Trump-Russia dossier, about testifying before its members, The Independent reports.

The most explosive elements of the dossier remained unconfirmed but the FBI considered Steele sufficiently credible that it once planned to pay him to continue his work. The committee now wants to discuss his findings.

Where it'd go down: Still unknown, as Steele doesn't want to travel to the US, but the committee is said to be open to meeting in the UK or on neutral ground.

Will it go down? Possibly. The Independent say's he's "willing to speak" if senators meet his preferred security measures. That'll be crucial, especially as an NBC News report describes him as living in "virtual hiding in Europe."

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Coronavirus dashboard

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  1. Global: Total confirmed cases as of 10:30 a.m. ET: 1,502,618 — Total deaths: 89,915 — Total recoveries: 339,775Map.
  2. U.S.: Total confirmed cases as of 10:30 a.m. ET: 432,554 — Total deaths: 14,829 — Total recoveries: 24,213Map.
  3. Business: The Fed will lend up to $2.3 trillion. — Another 6.6 million jobless claims were filed last week
  4. Federal government latest: Congress' $250 billion PPP injection could come too late for some businesses.
  5. Public health latest: Anthony Fauci said social distancing could reduce the death toll to 60,000.
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Fed will lend up to $2.3 trillion amid coronavirus crisis

Fed Chairman Jerome Powell at a press conference in March. Photo: Eric Baradat/AFP via Getty Images

The Federal Reserve announced Thursday that it will support the coronavirus-hit economy with up to $2.3 trillion in loans to businesses, state and city governments — made possible in part by Treasury funds set aside in the government stimulus package.

Why it matters: The Fed has taken more action amid the coronavirus outbreak than it has in any other financial crisis in U.S. history in an effort to blunt the effects of the resulting economic shutdown.

DetailsArrowUpdated 14 mins ago - Economy & Business

Senate Democrats block Republicans' $250 billion PPP injection

Illustration: Sarah Grillo/Axios

Before the Paycheck Protection Program formally launched last Friday, we knew two things: The rollout would be rocky, and the initial $250 billion wouldn't be enough for America's small businesses.

The state of play: Banks and government officials have been working to smooth out the process. On Thursday, Senate Majority Leader Mitch McConnell's attempt to pump another $250 billion into the program via unanimous consent was blocked by Democrats, who are proposing an alternative.

Go deeperArrowUpdated 16 mins ago - Economy & Business