Nancy Pelosi tells Stephen Colbert her plans to protect the $2 trillion bailout, ribs Trump for opposing vote-by-mail


Stephen Colbert spoke with House Speaker Nancy Pelosi (D-Calif.) at the Capitol on Thursday's Late Show, and he asked her why she isn't sheltering at home. "We are really working constantly on to prepare for our next bill but also to make sure that the legislation that was passed and signed by the president on Friday is fully implemented to meet the needs of America's working families," she said. Senate Majority Leader Mitch McConnell (R-Ky.) has objected to a new coronavirus package, she added, but "we hope Mitch McConnell will awaken" to the severity of America's economic black hole.
"Are there going to be strings attached" to "the corporate bailout" in the $2.2. trillion bill already signed? Colbert asked. The law, as written, has "very stringent conditions" on industries receiving the money, Pelosi said, but "at the signing ceremony, the president decided to take upon himself to say he wasn't going to acknowledge or obey any of that, and that was most disappointing." She described Trump's "sad and frightening" signing statement as him declaring "he would be the oversight over all of this," and "that's the fight we have."
Pelosi said she introduced legislation Thursday to set up a House committee, modeled on the World War II Truman Committee, to contemporaneously watch that there's no profiteering, waste, fraud, or other abuses in the implementation of the rescue package. When Colbert asked how democracy should work "while we're all staying at home, all quarantining," Pelosi pointed to the $400 million Democrats had already secured for vote-by-mail, said more is needed, and gently chided Trump for warning expanded voting would doom Republican politicians. "Well, I think he should have more confidence in the Republican Party," she said. "Republicans have always been very good about voting by mail, I can tell you that as a former state chair of the California Democratic Party."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Pelosi's advice to America: "Wash your hands, hydrate, pray, and you can never dance too much." Colbert snuck in an off-color joke.
Sen. Elizabeth Warren (D-Mass.) told Seth Meyers on Wednesday's Late Night she would have eliminated the law's $500 billion "slush fund," and while "they put a few strings on it," it isn't enough. "It's better to put some stings on it up front than it is to complain about it afterward, so that's what I'm pushing the secretary of the Treasury to do right now," Warren added. Peter Weber
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
How will the new Repayment Assistance Plan for student loans work?
the explainer The Repayment Assistance Plan (RAP) will replace existing income-driven repayment plans
-
In the Spotlight Venezuelan President Nicolás Maduro has been at odds with US forces
-
Music reviews: Ethel Cain, Amaarae, and The Black Keys
Feature "Willoughby Tucker, I'll Always Love You," "Black Star," and "No Rain, No Flowers"
-
Trump said to seek government stake in Intel
Speed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to China
Speed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with Disney
Speed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B deal
Speed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance merger
Speed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profits
Speed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new high
Speed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
Economists fear US inflation data less reliable
speed read The Labor Department is collecting less data for its consumer price index due to staffing shortages