COVID-19 Policy Update (March 24, 2020)

Senate Closes in on Bipartisan Phase 3 Deal

Congressional negotiations to pass Phase 3 of the emergency economic relief package continued throughout the day on Tuesday, following Monday's failed procedural measure to set up a vote on the package. While the Senate failed to meet the self-imposed deadline for passage outlined by Treasury Secretary Mnuchin and Senate Majority Leader McConnell (R-KY), a number of Senate leaders have since indicated that there has been bipartisan progress, despite members' frustration with their colleagues across the aisle.

While a Phase 3 agreement has yet to materialize, a bipartisan deal is imminent. As federal, state and local governments continue to escalate their responses to the pandemic, the latest actions and developments may be found below. Akin Gump will continue to provide regular policy developments related to COVID-19.