Oil prices rose more than 2% on Thursday on a weaker dollar and expectations that a crude glut would be short-lived due to a steep fall in U.S. fuel stocks and a resumption of operations by Texas refiners.
FedEx Corp's chief executive, Frederick Smith, will testify before Congress on Wednesday as U.S. lawmakers begin a fast push for a massive hike in infrastructure spending and drive toward electric vehicles, congressional aides said Thursday.
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WASHINGTON (Reuters) - Mindful of hard lessons learned by the previous Democratic administration, President Joe Biden and top aides are planning a nationwide tour to sell Americans on the benefits of the newly passed $1.9 trillion pandemic relief bill.
U.S. President Joe Biden attends an event where he announced administration plans to double its order of the single-shot Johnson & Johnson coronavirus vaccine, procuring an additional 100 million doses, in the South Court Auditorium at the White House in Washington, U.S., March 10, 2021. REUTERS/Tom Brenner
Biden will launch the effort with a White House ceremony on Friday to sign the bill, one of the largest economic stimulus measures in U.S. history and his first big legislative victory since taking office in January.
In an update to last weekâs Black Press USA op-ed on the George Floyd Justice in Police Act, the federal police reform bill was passed by the U.S. House of Representatives late Wednesday and now goes to the Senate, where it faces stiffer opposition.
The bill is the most ambitious effort in decades to overhaul policing nationwide. Moderate Democrats fear it will reignite a debate they say hurt them during last fallâs elections.
âNo one ran on âdefund the police,â but all you have to do is make that a political weapon,â said Rep. Henry Cuellar, a moderate Texas Democrat who has pushed for more police funding.