Trump suspends all foreclosures and evictions until end of April

As part of a series of sweeping new measures to protect Americans' livelihoods amid the coronavirus pandemic, President Trump announced Wednesday during a White House press conference that the Department of of Housing and Urban Development is suspending all foreclosures and evictions until the end of April.

The decision, Trump said, is meant to provide "immediate relief to renters and homeowners" who are struggling to pay rent and mortgages as job security weakens and the economy remains on unsure footing during the virus' spread.

Of course, fears exist that the economic downturn could continue even if the pandemic subsides in the coming months, which has propelled Congress to usher in coronavirus relief packages to keep U.S. citizens afloat. Republican senators are reportedly close to completing a $1 trillion stimulus plan that could include up to $500 billion in checks distributed to Americans. Read more at CNN.

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