Congress is poised for whirlwind negotiations on the next round of fiscal stimulus over the coming weeks, after Republican Senators unveiled their priorities in the Heals Act on Monday. However, Republicans and Democrats remain far apart on key issues, including unemployment benefits and business liability protections, and the outcome remains highly uncertain.

In this episode, Jesse Wheeler, of MUFG's Washington DC Representative Office, will go over where negotiations currently stand, review key issues and obstacles, and explore the timeline and potential outcome of what is sure to be a contentious debate on Capitol Hill.

If you are unable to see the media player above, you can also listen to the audio file using the following link on your computer or mobile device. The podcast is also published on Apple Podcasts and Spotify.

Download: Phase 4 Update: Negotiations Coming to a Head - The MUFG Global Markets Podcast (MP3)