LIVE: Pelosi and House Democrats Hold News Conference in Washington, D.C.

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  • Bloomberg Quicktake: Now published this video item, entitled “LIVE: Pelosi and House Democrats Hold News Conference in Washington, D.C.” – below is their description.

    (Mar. 2) Watch live as House Speaker Nancy Pelosi and House Democratic leaders hold a press conference in Washington, D.C., on Tuesday, March 2, 2021.

    Senate Democrats are jettisoning a proposal to use the tax code to penalize corporations that don’t raise the minimum wage for their lowest-paid workers in an effort to keep President Joe Biden’s broader stimulus plan on track for quick passage, according to two people familiar with the matter.

    Dropping the minimum wage increase from the stimulus could create other headaches for both Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi.

    In the House, the stimulus legislation with the $15 an hour minimum wage narrowly passed on Saturday by 219 to 212, without any Republican support. Pelosi lost two moderate Democrats on that vote, and she can’t afford many more defections.

    Pelosi said Friday she’s “absolutely” confident she could pass a stimulus bill without a minimum-wage provision in it, but that remains to be seen.

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    In This Story: Democrats

    “Democrats” usually refers to the The Democratic Party of the United States – one of the two major political parties in the country, along with its main, historic rival, the Republican Party.

    It was founded on 8th January 1828 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Nancy Pelosi (Party leader) and Jaime Harrison (Party chair).

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  • In This Story: Nancy Pelosi

    Nancy Patricia Pelosi is an American politician serving as a congresswoman from California and the speaker of the United States House of Representatives. A member of the Democratic Party, Pelosi is the only woman in U.S. history to serve as Speaker and the highest-ranking female elected official in United States history. She is also the dean of California’s congressional delegation. As House speaker, Pelosi is second in the presidential line of succession, after the vice president.

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