'We remain at an impasse' says Pelosi, citing serious issues, while Trump blames the House Speaker.
The country's unemployment level reached a record 3.4 percent in August, the highest since the middle of 2004.
The number of people continuing to collect regular state unemployment benefits falls by 167,000 to 12.58 million.
Both employment and overall economic activity remain well below their pre-pandemic levels, says the Federal Reserve chairman.
Government spending surged in recent months, with roughly $3 trillion being spent on pandemic relief since March.
The contraction, which was deeper than median forecasts of 5.9%, comes as Australia's second-most-populous state of Victoria remains in lockdown to curb the spread of COVID-19
June quarter GDP numbers show the economy went backwards by 7 percent, the worst fall on record.
As the U.S. and its allies are uniting against China over mistrust relating to Coronavirus pandemic and territorial disputes, an armed clash could lead to World War III
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The bank's executives had said in the month of July that cost-cutting measures could not be ruled out
Anti-Beijing stance is a trump card for the President, with the sentiment against China gaining currency in the US.
Despite being in urgent need of reform, Bosnia's agricultural sector has weathered the global pandemic better than others
"The hope is that the decline in cases and fatalities will continue. That's the great hope."
The additional stimulus will be primarily in the form of wage subsiding and to help the battered aviation and hospitality sector
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