President Trump, who earlier this week abruptly broke off stimulus bill negotiations and then indicated that an agreement on a smaller stand-alone bailout bill remained a possibility, has now completely reversed his position and reopened the door to an agreement on stimulus check 2 with the Democrats.

According to The Hill, President Trump said in an interview with Fox Business on Thursday morning (October 8) that negotiations on the stimulus bill "are starting to go well." This statement came less than 48 hours after the President tweeted that he had told administration officials to break off negotiations on the stimulus bill until after Election Day.

After the tweet sent the stock market into a tailspin, President Trump promised late Tuesday (October 6) that he would "immediately" provide a $1,200 stimulus package in a standalone bill.

On Wednesday (October 7), White House Chief of Staff Mark Meadows and Treasury Secretary Steven Mnuchin said they were working on a bill that would parcel out aspects of a comprehensive stimulus package, including legislation to bail out the struggling airline industry.

However, President Trump's recent remarks suggest that a major stimulus package is once again in the works, House Speaker Nancy Pelosi (D-CA) confirmed late Thursday.

"We are at the table. We want to continue our discussions. We've made some progress. We're exchanging words. So let's see how it connects," Pelosi told reporters.

She also blocked the president's proposal to provide piecemeal relief, noting that "there will be no stand-alone bill unless there is a larger bill."

Politico reported that despite Trump's order to end negotiations, Pelosi and Mnuchin have continued discussions, and the two discussed a comprehensive stimulus bill Wednesday evening.

The back-and-forth has many Republicans worried, especially with less than 30 days until the election.

Senator Lindsey Graham (R-South Carolina) faced a tough test in November, pushing the White House and Congress to consider a bipartisan $1.5 trillion problem-solving bill in the House. On top of that, many House Republicans have expressed disapproval of the President's response to the stimulus package.

Meanwhile, Pelosi and Mnuchin are stuck at $2.2 trillion and $1.6 trillion, respectively. The House passed an amendment to the HEROES Act last week (reduced from the original $3.4 trillion). Both sides agree that any proposal should include a $1,200 direct payment to some Americans.

But for anything to move forward, the Republican-controlled Senate must agree. [Senators have not considered a stimulus package since the $500 billion "skinny" bill was rejected last month. The $1.1 trillion HEALS bill that the Republican leadership offered in July has never been brought up for a vote, and it is not yet clear whether a majority of Republican Senators will vote for it.

Politico reported today that at least four prominent Republican senators oppose or lean against the airline bailout in any form. If the Senate is to pass a comprehensive stimulus package, the bulk of the votes may have to come from the Democratic minority. [The Senate is scheduled to reconvene on October 19, at which point it will focus on Supreme Court nomination hearings. The House has already proposed and approved several stimulus bills, and as CNBC points out, the ball is now in the Senate's court.