Trump-Biden transition latest: Trump signs coronavirus relief bill amid pressure

The president had gone nearly a week without signing the bill.

President Donald Trump is slated to hand over control of the White House to President-elect Joe Biden in 24 days.


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Ivanka Trump postpones Georgia events 

Ivanka Trump was due to attend three campaign events in Georgia Monday for GOP Sens. David Perdue and Kelly Loeffler, but she tweeted that two of them will be postponed due to Congress voting on the pandemic relief bill.

All eyes are on the Georgia Senate runoffs, as the outcomes will decide which party has control of the Senate. Vice President-elect Kamala Harris is currently scheduled to campaign in Georgia for the Democratic candidates on Monday.


Biden, Harris announce additional members of National Economic Council

President-elect Biden and Vice President-elect Harris announced new members of their National Economic Council on Monday morning in a press release, expanding the group that will work alongside Brian Deese and other forthcoming staff.

Biden and Harris appointed Joelle Gample as the Special Assistant to the President for Economic Policy. They also selected David Kamin as the Deputy Director for the National Economic Council and Bharat Ramamurti as the Deputy Director for the National Economic Council for Financial Reform and Consumer Protection.

Kamin previously joins the long list of Obama White House alumni returning to a Biden administration. He previously served as Special Assistant to the President for Economic Policy and also worked as special assistant, and later adviser, to the Director of the Office of Management and Budget.


Ramamurti comes to Biden’s administration with ties to Sen. Elizabeth Warren. He served as an economic adviser to Warren during her 2020 presidential campaign and senior counsel for banking and economic policy in her Senate office.

-ABC News’ Molly Nagle.


Mnuchin says direct deposits expected to start by next week if stimulus bill passes

Treasury Secretary Steve Mnuchin said Monday that if the pandemic relief bill becomes law, direct deposits to Americans could start by the beginning of next week.

“We will be sending out next week direct deposit,” Mnuchin said in a phone interview with CNBC Monday about the hard-fought political compromise that's dominating the political scene on Capitol Hill. “I expect we’ll get the money out by the beginning of next week.”

“People are going see this money the beginning of next week,” he added.

Mnuchin also spoke approvingly of the deal that was made to get the bill over the finish line.

“This overall bill I think is fabulous,” he said, adding that, "this is a large bill and has a little bit of everything in it for everybody."

Finally, Mnuchin also addressed the suspected Russian cyber hack of U.S government agencies and Fortune 500 companies, saying, “there’s been no damage, nor have we seen any large amounts of information displaced” after the cyber attack into the Treasury Department’s unclassified systems.

-ABC News’ Ben Gittleson


Overview: Biden expected to receive COVID-19 vaccine as Harris heads to Georgia 

President-elect Joe Biden is expected to receive a coronavirus vaccine Monday afternoon on camera, a move that many hope will stoke public confidence in the shot and also ensure the continuity of government.

Meanwhile, Vice President-elect Kamala Harris will be in Georgia campaigning Monday as the Senate runoff races that will decide which party controls the Senate heats up. Harris currently has an event scheduled for 1 p.m. in Columbus.

On Capitol Hill Monday, lawmakers are expected to finally vote on a stimulus deal. After weekend negotiations, congressional leaders signaled Sunday evening that they had reached a deal. The new bill is expected to include revamped unemployment benefits and aid for hard-hit small businesses.

President Donald Trump, meanwhile, has tweeted that “big news” is coming out of Pennsylvania. The Trump campaign is expected to unveil new legal action with the U.S. Supreme Court surrounding Pennsylvania’s election results as part of his ongoing efforts to undermine the election.


Biden releases statement on COVID-19 relief: The bill 'needs to be signed into law now'

Biden released a statement on Saturday afternoon amping up the pressure on Trump to sign the COVID-19 relief bill passed by Congress.

Biden said the “abdication of responsibility” by Trump has “devastating consequences” for Americans while reiterating that while the bill is "critical," it is also just a first step toward getting struggling families and businesses the help they need.

"It is the day after Christmas, and millions of families don’t know if they’ll be able to make ends meet because of President Donald Trump’s refusal to sign an economic relief bill approved by Congress with an overwhelming and bipartisan majority," the statement reads.

"This abdication of responsibility has devastating consequences. Today, about 10 million Americans will lose unemployment insurance benefits. In just a few days, government funding will expire, putting vital services and paychecks for military personnel at risk. In less than a week, a moratorium on evictions expires, putting millions at risk of being forced from their homes over the holidays," it continues. "Delay means more small businesses won’t survive this dark winter because they lack access to the lifeline they need, and Americans face further delays in getting the direct payments they deserve as quickly as possible to help deal with the economic devastation caused by COVID-19. And while there is hope with the vaccines, we need funding to be able to distribute and administer them to millions of Americans, including frontline health care workers."

The bill "needs to be signed into law now," the statement says. "But it is also a first step and down payment on more action that we’ll need to take early in the new year to revive the economy and contain the pandemic."

-ABC News' John Verhovek