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chair jerome powell'>Fed Chair Jerome Powell keeps the money train rolling for stock and credit risk-takers
Economists expect the central bank’s postmeeting statement at 2 PM today to leave policy unchanged, but investors will watch a subsequent news conference with the Fedchair for any hints at when officials might begin to pull back their economic support.
chair'>Watch Chair Powell's statement from the #FOMC press conference: Intro clip: Full video: Press Conference materials:
The Fed reiterated that price spikes won't last, yet consumers are worried and politicians edgy. Tapering the Fed's bond buying wouldn’t directly counter inflation, but this has to happen sometime and would give Chair Jay Powell cover, @GinaChon says.
Treasury Secretary Janet Yellen is worth an estimated $20 million—merely well-off on Trump’s team, but downright rich among Biden’s bunch. Here's how she earned more than $7 million giving speeches in corporate America after leaving as Fedchair in 2018:
4:55:17 p.m. - #HR4346 - POSTPONED PROCEEDINGS - At the end of debate on the Ryan amendment en bloc No. 1, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Ms. Herrera Beutler demanded the ye
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Jeff Bezos will step down as CEO of Amazon and transition to exec. board chair later this year. He made $90 billion last year during the pandemic while: ◾️He cut hazard pay in June ◾️He fired workers for trying to unionize ◾️At least 20,000 workers tested positive for #COVID19
McConnell is threatening to filibuster the Organizing Resolution which allows Democrats to assume the committee Chair positions. It’s an absolutely unprecedented, wacky, counterproductive request. We won the Senate. We get the gavels.
Lindsay Graham, who will be chair of Senate Budget Committee if R's control Senate next year, says it's time for “a dialogue about how we can finally begin to address the debt.” But it wasn't time when he voted a $1.9 trillion tax cut for the wealthy and big corporations.
Call me crazy but, as a citizen, I’d like to hear from the Attorney General, the Secretaries of Defense & Homeland Security, & from the Chair of the Joint Chiefs of Staff, that THEY will ensure a peaceful transfer of power if Donald Trump loses, since he won’t make the commitment
George Stinney Jr. He was fourteen. Three months after being arrested, he was executed on this day in 1944. They used a bible as a booster seat when they sat him in the electric chair. Seventy years later, he was exonerated for the murder of 2 white girls.
NEW: After assuring the public about the government's coronavirus preparedness, Senate IntelchairRichard Burr, in one day, sold off up to $1.6 million is stock. A week later, the market began its fall. His committee was receiving daily briefings.
.@JoeBiden must accept responsibility for his surrogate telling our campaign co-chairSenator@ninaturner that she doesn't have standing to invoke the words of Dr. King. That is unacceptable and Joe must apologize to Nina and all the people of color supporting our campaign.
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