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Democrats eye Wednesday vote on $2.2T COVID-19 relief bill

House Majority Leader Steny HoyerSteny Hamilton HoyerDemocrats face increasing pressure to back smaller COVID-19 stimulus Hoyer on Trump election challenges: 'I think this borders on treason' Capitol's COVID-19 spike could be bad Thanksgiving preview MORE (D-Md.) told rank-and-file Democrats on a conference call that he plans to bring the slimmed-down $2.2 trillion coronavirus relief package to the floor Wednesday afternoon if no deal with the White House materializes before then, according to sources on the call.

Speaker Nancy PelosiNancy PelosiVoters want a strong economy and leadership, Democrats should listen On The Money: Biden to nominate Yellen for Treasury secretary | 'COVID cliff' looms | Democrats face pressure to back smaller stimulus Democrats face increasing pressure to back smaller COVID-19 stimulus MORE (D-Calif.) and Treasury Secretary Steven MnuchinSteven Terner MnuchinOn The Money: Democrats accuse Mnuchin of sabotaging economy in dispute with Fed | Trump administration proposal takes aim at bank pledges to avoid fossil fuel financing | JPMorgan: Economy will shrink in first quarter due to COVID-19 spike Democrats accuse Mnuchin of sabotaging economy in dispute with Fed The Hill's Morning Report - Presented by the UAE Embassy in Washington, DC - Pence, Biden wage tug of war over pandemic plans MORE were expected to meet in Pelosi’s office in the Capitol on Wednesday afternoon, their first in-person meeting on the coronavirus in weeks. Both sides have hinted at progress in recent days, sparking some hopes that an eleventh-hour agreement will emerge after two months of stalled negotiations.

On the call, Hoyer, who controls the floor schedule, also told lawmakers to keep their schedules flexible on Thursday and Friday, suggesting Democratic leaders believe they are close to a breakthrough.

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“They believe a deal is within reach,” said one Democratic lawmaker on the conference call.

Hoyer’s announcement of a vote is likely a negotiating tactic aimed at upping pressure on President TrumpDonald John TrumpBiden team wants to understand Trump effort to 'hollow out government agencies' Trump's remaking of the judicial system Overnight Defense: Trump transgender ban 'inflicts concrete harms,' study says | China objects to US admiral's Taiwan visit MORE, who is struggling to deal with a pandemic that has killed more than 200,000 in the U.S., shuttered schools and put millions out of work.

Communication has picked up in recent days between Pelosi and Mnuchin, the leading negotiators on COVID-19 relief. They’ve spoken on a daily basis since Sunday, including a lengthy 50-minute phone call on Tuesday that gave lawmakers hope that a deal could get done before Election Day.

Appearing on CNBC, Mnuchin gave more signs that things were moving in the right direction. He said the White House’s counteroffer will be in the ballpark of $1.5 trillion, similar to the bipartisan relief package offered last week by the Problem Solvers Caucus.

"We're going to give it one more serious try to get this done, and I think we're hopeful that we can get something done,” Mnuchin said. “I think there's a reasonable compromise here."

Naomi Jagoda and Mike Lillis contributed.