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The Daily 202: ‘Robbing Peter to pay Paul.’ Congress chooses checks over other relief that might help economy more. James Hohmann We must not grow numb to the human and economic carnage of the contagion. Wednesday was the deadliest day yet of the pandemic: At least 3,367 of our fellow Americans succumbed to covid-19. At least 233,651 new cases were confirmed nationwide, and the United States set another record for hospitalizations – breaking the record set the day before. As we enter what public health experts fear may be the darkest winter in American history, t...

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 fo...