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Fed Chair Jay Powell is facing pressure from Washington and Wall Street to slow down.

Four lawmakers pressed SBA Administrator Isabel Guzman in a letter to provide them with a “detailed plan and timeline” by Nov. 14 for disbursing around $180 million in unobligated money from the Restaurant Revitalization Fund.

The unemployment penalty that millions of women face after losing or leaving jobs during the pandemic seems likely to widen the gender wage gap in coming years.

STATEMENT: CAP Economist Michael Madowitz on Federal Reserve Economic Projections Date: June 16, 2021 Contact: Jesse Lee Washington, D.C. — Michael Madowitz, an economist at the Center for American Progress, released the following statement today after the Federal Reserve released its new economic projections: The new projections from the Federal Reserve confirm that President Joe Biden’s economic agenda has already taken hold, helping to turn the struggling economy he inherited into a growing one where everybody can benefit. American families have seen tax cuts to make ends meet, and he...

Without a full return of summer programs this year, working moms face months of uncertainty that could further splinter their relationship with the work...