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Hisae Kato

Trump signs executive actions after stimulus talks break down on Capitol Hill 8/9/2020


(CNN)President Donald Trump tried to assert executive power by signing four actions on coronavirus relief Saturday, one of which will provide as much as $400 in enhanced unemployment benefits after Democrats and the White House were unable to reach an agreement on a stimulus bill this week.

But that memorandum on enhanced unemployment benefits -- 25% of which states are being asked to cover -- has more strings attached than the White House acknowledged and is seen as a cumbersome effort that may not help a lot of the unemployed.

The other three actions he signed include a memorandum on a payroll tax holiday for Americans earning less than $100,000 a year, an executive order on "assistance to renters and homeowners" and a memorandum on deferring student loan payments.

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