Federal Reserve Chairman Jerome Powell, right, and Treasury Secretary Steven Mnuchin, left, listen as Sen. Jon Tester, D-Mont., asks them questions remotely, during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Treasury Secretary Steven Mnuchin testifies before the Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Portuguese Prime Minister Antonio Costa speaks during a joint news conference with European Council President Charles Michel (not pictured) following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa speaks during a joint news conference with European Council President Charles Michel (not pictured) following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa speaks during a joint news conference with European Council President Charles Michel (not pictured) following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa speaks during a joint news conference with European Council President Charles Michel (not pictured) following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

European Council President Charles Michel speaks during a joint news conference with Portuguese Prime Minister Antonio Costa (not pictured) following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

European Council President Charles Michel speaks during a joint news conference with Portuguese Prime Minister Antonio Costa (not pictured) following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

European Council President Charles Michel speaks during a joint news conference with Portuguese Prime Minister Antonio Costa (not pictured) following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

European Council President Charles Michel speaks during a joint news conference with Portuguese Prime Minister Antonio Costa (not pictured) following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

European Council President Charles Michel speaks during a joint news conference with Portuguese Prime Minister Antonio Costa (not pictured) following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa and European Council President Charles Michel give a joint news conference following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa and European Council President Charles Michel give a joint news conference following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa and European Council President Charles Michel give a joint news conference following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa and European Council President Charles Michel give a joint news conference following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa and European Council President Charles Michel give a joint news conference following a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa (not pictured) is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa (not pictured) is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa (not pictured) is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Sen. Thom Tillis, R-N.C., speaks during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Council President Charles Michel ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Sen. Thom Tillis, R-N.C., speaks during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Sen. Thom Tillis, R-N.C., speaks during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

U.S. Senator Bill Cassidy (R-LA) holds Mardi Gras beads and necklaces as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus disease (COVID-19) relief legislation at a news conference on Capitol Hill in Washington, U.S., December 1, 2020. REUTERS/Kevin Lamarque

U.S. Senator Joe Manchin (D-WVA) removes his mask to speak as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus disease (COVID-19) relief legislation at a news conference on Capitol Hill in Washington, U.S., December 1, 2020. REUTERS/Kevin Lamarque

U.S. Senators' Lisa Murkowski (R-AK), Jeane Shaheen (D-NH) and Mitt Romney (R-UT) listen as Bill Cassidy (R-LA) speaks during a news conference of bipartisan members of the Senate and House to announce a framework for fresh coronavirus disease (COVID-19) relief legislation on Capitol Hill in Washington, U.S., December 1, 2020. REUTERS/Kevin Lamarque

Sen. Jon Tester, D-Mont., appears on a screen via teleconference as Chairman of the Federal Reserve Jerome Powell testifies during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Sen. Jon Tester, D-Mont., speaks via teleconference as Treasury Secretary Steven Mnuchin and Chairman of the Federal Reserve Jerome Powell testify during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Sen. Elizabeth Warren, D-Mass., speaks via teleconference during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

U.S. Senator Joe Manchin (D-WVA) removes his mask to speak as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus disease (COVID-19) relief legislation at a news conference on Capitol Hill in Washington, U.S., December 1, 2020. REUTERS/Kevin Lamarque

Portuguese Prime Minister Antonio Costa is welcomed by European Commission President Ursula Von Der Leyen ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Commission President Ursula Von Der Leyen ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Commission President Ursula Von Der Leyen ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Commission President Ursula Von Der Leyen ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Portuguese Prime Minister Antonio Costa is welcomed by European Commission President Ursula Von Der Leyen ahead of a meeting at the European Commission in Brussels, Belgium December 1, 2020. Stephanie Lecoq/Pool via REUTERS

Jozsef Szajer, senior member of ruling Fidesz party delivers his speech during the party's campaign ahead of the European Parliament elections in Budapest, Hungary April 5, 2019. Picture taken April 5, 2019. REUTERS/Bernadett Szabo

Sen. Tom Cotton, R-Ark., speaks during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Treasury Secretary Steven Mnuchin listens during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Chairman of the Federal Reserve Jerome Powell listens as Treasury Secretary Steven Mnuchin testifies during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Chairman of the Federal Reserve Jerome Powell speaks during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

Treasury Secretary Steven Mnuchin testifies during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS

A display is seen as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus disease (COVID-19) relief legislation at a news conference on Capitol Hill in Washington, U.S., December 1, 2020. REUTERS/Kevin Lamarque

U.S. Senator Bill Cassidy (R-LA) holds Mardi Gras beads and necklaces as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus disease (COVID-19) relief legislation at a news conference on Capitol Hill in Washington, U.S., December 1, 2020. REUTERS/Kevin Lamarque

Workers construct viewing stands for the 2021 Inaugural Parade in front of the White House in Washington, U.S. December 1, 2020. REUTERS/Jonathan Ernst

Workers construct viewing stands for the 2021 Inaugural Parade in front of the White House, near the memorial fence at Black Live Matter Plaza in Washington, U.S. December 1, 2020. REUTERS/Jonathan Ernst

Workers construct viewing stands for the 2021 Inaugural Parade in front of the White House, near the memorial fence at Black Live Matter Plaza in Washington, U.S. December 1, 2020. REUTERS/Jonathan Ernst

Workers construct viewing stands for the 2021 Inaugural Parade in front of the White House, near the memorial fence at Black Live Matter Plaza in Washington, U.S. December 1, 2020. REUTERS/Jonathan Ernst

Treasury Secretary Steven Mnuchin speaks during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS