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Australia: Markets Today: Markets turn as Powell reaffirms ‘some way to go’: A couple of comments (which includes a few dovish soundbites) from the Fedchair during the post-FOMC meeting Statement have been responsible for most of the market… NAB

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.

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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:

ChairPowell attempted to guide the markets toward the eventual taper but did so without sending a hawkish message. Seemingly there were lessons learned from the June meeting.” - BofA

5:09:27 p.m. - #HR4346  - UNFINISHED BUSINESS - The Chair announced that the unfinished business was on agreeing to amendments which had been debated earlier and on which further proceedings had been postponed.

5:09:00 p.m. - #HR4346  - POSTPONED PROCEEDINGS - At the end of debate on the Ryan amendment en bloc No. 3, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Ryan demanded the yeas and nays

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 

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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

Prepare for long voting lines. Wear mask, possible face shield, bring hand sanitizer, water, sweater, snacks and lunch, folding chair and umbrella if needed.

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.

Arsenal have made Guardiola lose his mind, he's started talking to an empty chair ??

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.

Women for Trump co-chair: Biden might not be 'ultimate nominee,' and Dems engaging in 'elder abuse'

.@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.