The Trump administration announced further sanctions against Chinese officials over human rights abuses in Xinjiang.

In an appearance on CNBC, Treasury Secretary Steve Mnuchin said any company that received more than $2 million in PPP funding can expect scrutiny.

Democrat Chuck Schumer will introduce legislation that would prevent President Trump's name from appearing on coronavirus stimulus checks.

'I am encouraged that Democrats have finally agreed to reopen the Paycheck Protection Program and abandon a number of their unrelated demands.'

In their heart of hearts, Democrats have no love for the people whose money they are working with or the capitalist venture that made that money.

'Unemployment insurance gives money the whole period of time the crisis exists at your present salary level and covers just about everyone,' Schumer said.

In a second tweet, the treasury secretary encouraged 'all taxpayers who may have tax refunds to file now to get your money.'

According to Treasury Secretary Mnuchin, the price tag for the two tranches of direct payments to Americans would be $500 billion.

'I think we're going to do something that gets money to them as quickly as possible,' President Trump said regarding the payments.

'Any policy response should be targeted and temporary—and tied to addressing the underlying crisis of the viral attack,' said Heritage's Paul Winfree.