President Donald Trump has suspended entry into the U.S. for individuals who traveled to Brazil within 14 days immediately preceding their arrival. Yahoo Finance’s Jessica Smith discusses.

Video Transcript

JULIE HYMAN: Well, want to move onto what's the latest on the federal response and what we can expect this week. Our Jessica Smith covers the feed for us. Among other things, because of the uptick in cases in Brazil, we are putting new restriction on travel from there.

JESSICA SMITH: Right, new travel restrictions on Brazil go into effect tonight at 11:59 PM. This comes, as Brazil is becoming the second-- well, having the second-most cases in the world-- the country with the second-most cases behind the US. So with this new restriction, non-US citizens will not be able to come into the United States if they have been in Brazil in the past 14 days.

Now, this does not apply to permanent US residents or their spouses and a few other group of people. But most non-US citizens will not be able to come into the United States. The White House had originally planned to put this restriction in place on Thursday night. But then yesterday, they moved that up two days. It's not clear why they moved that up at this point. But it will go into effect at 11:59 tonight.

And then we're also watching the latest on the Paycheck Protection Program this week. Late Friday, SBA and Treasury actually released those guidelines-- those rules for forgiveness-- that businesses have been waiting for for quite some time now. They've really been looking for those rules. They didn't make the changes that many businesses were hoping to see, like giving businesses more time and flexibility in how they spend the money.

But this week, Congress is considering revamping the program anyway on Wednesday. Now, we do expect to vote on two PPP-related bills-- one to change the rules to give them time and flexibility and then another bill that would require SBA to disclose where coronavirus relief money is going. So again, at this point, we expect that vote in the House on Wednesday.

JULIE HYMAN: And Jessica, there's also another potential thing going on in Washington. Senate Republicans considering back-to-work bonuses. This is quite different than on the whole hazard pay situation. What have you been hearing on this?

JESSICA SMITH: Yeah, well, Senate Republicans don't necessarily want to expand the enhanced unemployment benefits, that $600 extra that people are getting per week if they are on unemployment. So according to "The Wall Street Journal," one of the ideas that they have is this back-to-work bonus. And one of the proposals being floated is giving workers $450 a week on top of their pay when they go back to work.

So Republicans say that this would incentivize people to get back to work instead of what they say is the current situation where people are wanting to stay home, because they potentially make more money on unemployment than they would by going back to work. But clearly, this is going to be a debate going forward because Democrats say, you know, we need to extend that.

Or the Senate has proposed-- Democrats in the Senate have proposed insuring workers get 100% of their pay up to $90,000. The government would cover that cost if they go back to work. So we'll see if these two sides-- these two proposals can come to some sort of a compromise as they negotiate going forward.