The Finance 202: Fed s Powell warns Washington will remain on economic clean-up duty for foreseeable future Tory Newmyer
with Brent D. Griffiths Jerome H. Powell has spent months all but skywriting over the Capitol that lawmakers should provide more emergency economic relief. Now, with Congress moving forward with a roughly $900 billion aid package and the vaccines that should eventually end the coronavirus pandemic rolling out across the country, the Federal Reserve chair has an updated message:
This is no time for Washington to ease up. “Getting through the next four, five, six months, that is key,” Powell said at a news conference after the central bank’s last policy meeting of the year.
The Finance 202: Momentum builds for economic relief package as leaders report progress washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
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The outstanding issue remains how to handle state and local aid. Senate Majority Leader Mitch McConnell has suggested dropping state and local and his liability shield priority, but Speaker Nancy Pelosi told Treasury Secretary Steven Mnuchin on Monday night that she is still insisting on the funding. | Kevin Dietsch/Pool via AP
The Health 202: Health insurers balk at last-minute deal in Congress on surprise medical bills msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
The Daily 202: Taylor Swift’s new album ends on a hopeful note – with echoes of Emily Dickinson James Hohmann
with Mariana Alfaro Taylor Swift has recorded and released two albums since President Trump and Congress last passed coronavirus relief. “I ve been down since July,” the pop star announces at the start of the title track for “Evermore,” her surprise new CD that dropped at midnight. “I had a feeling so peculiar that this pain would be forevermore.” The five-minute song takes listeners on a journey from the depths of pandemic-induced melancholy to a feeling of reassurance that things cannot possibly stay this bad. The piano ballad leaves you with a sense of hope for the future. Perhaps it will emerge as the anthem for 2020.