President Donald Trump signed into law the largest stimulus package in U.S. history Friday as part of the response to the economic crisis caused by the coronavirus pandemic.
“This will deliver urgently needed relief,” Trump told reporters at the White House, as he was joined by GOP leaders but no Democrats. “We’re going to keep our small businesses strong and our big businesses strong.”
The House passed the $2 trillion package by voice vote earlier Friday, after the Senate’s 96-0 vote Wednesday to approve the measure.
“Our nation faces an economic and health emergency of historic proportions,” House Speaker Nancy Pelosi said before the vote. “We do know that we must do more.”
The auto industry has not sought specific aid in the package, but rather would benefit from the overall economic support promised by the legislation. Dealers stand to get aid through small business loans and other incentives.
The National Independent Automobile Dealers Association…