By Alexander Bolton @ TheHill.com, May 7, with VIDEO

Senate Minority Leader Charles Schumer (D-N.Y.) said Thursday that he and Speaker Nancy Pelosi (D-Calif.) will soon unveil a coronavirus relief package that he described as “Rooseveltian” in its scope and size.

“We need big, bold action," Schumer said in an MSNBC interview with Stephanie Ruhle, adding that he and Pelosi "are working very closely together on putting together a very strong plan, which you will hear shortly. We need Franklin Rooseveltian-type action and we hope to take that in the House and Senate in a very big and bold way,” he added [....]

Schumer on Thursday said the fiscally cautious approach now being taken by Republicans like McConnell and House Minority Leader Kevin McCarthy (Calif.) reminded him of former President Hoover’s response to the 1929 stock market crash and the onset of the Great Depression.

“The people like McConnell and McCarthy and even [President] Trump who say, ‘Let’s wait and do nothing,’ well, they remind me of the old Herbert Hoovers. We had the Great Depression — Hoover said let’s just wait it out. It got worse and worse,” Schumer said [....]