Pelosi had previously said that seeking Trump's tax returns would be one of the Democratic-led House's priorities. Trump is now asking for $5 billion, while Pelosi and Schumer have pledged $1.3 billion towards border security initiatives, including new fencing, but not a wall.
President Donald Trump and Vice President Mike Pence meet with Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Nancy Pelosi, D-Calif., in the Oval Office of the White House, Tuesday, Dec. 11, 2018, in Washington.
"I'm going to be speaker", she said. Pelosi signaled she might go along with it yesterday.
They all agreed that Trump's performance was disappointing compared to Pelosi, who they argued came out on top as she succeeded in getting the president to admit to the likelihood of a government shutdown. "We are proud that our agreement will make lasting institutional change that will strengthen our caucus and will help develop the next generation of Democratic leaders". It's factually inaccurate, no one has ever proposed building a 2,000-mile long wall on the border.
Because both the House and the Senate are controlled by Mr Trump's Republican Party until next month, Democratic support is needed to pass any spending legislation.
McConnell, speaking to reporters after the meeting, warned against a partial shutdown of the government. Schumer also suggested the government shouldn't shut down over Trump's desire to build a wall that borders Mexico and the United States.
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Schumer said Wednesday Trump wanted to hold the government "hostage to a petty campaign pledge" to build a wall to "fire up" his political base.
But Democrats showed they are comfortable, as Pelosi often says, standing their ground "like a rock" - even if the day of name-calling and rancour provided a curtain raiser for the new Congress. Democrats seemed to indicate they know what they're in for and may emerge tarnished.
The televised discussion was Mr Trump's first encounter with the newly empowered Democrats since their midterm victories in the House.
"But it's not bad Nancy", Mr. Trump said.
Trump raised an alarm during the midterm election campaign about a caravan of thousands of Central American migrants making their way through Mexico to the US border and deployed military troops to assist the border patrol.
"If the Democrats do not give us the votes to secure our Country, the Military will build the remaining sections of the Wall".
In an official readout following the meeting, White House spokeswoman Sarah Sanders said the Democrats have "made clear they would rather keep the border open than the government open".