Bloomberg Surveillance · Friday, September 11, 2026
Monica Guerra states that even if Republicans control Congress, the proposal for $5,000 checks is unlikely to be approved due to significant deficit and budget concerns. She emphasizes that tax and budget matters require Congressional involvement, and the President cannot unilaterally issue such payments, suggesting it's a political play for the midterms.
“The president can say what he likes. He's great at making headlines. He's great at trying to engender confidence. And that's really what they're doing right now. It's a midterm play. And we just say, you know, just wait and see. unlikely in both scenarios.”
“Now, you add in a promise like a $ 5, 000 check, you would think that would be an offset. But when I'm talking to my wealth clients, debt and deficit is the next question they ask. What is the financial stability of the United States, and what does that mean for my portfolio?”