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Futures Rebound From Asia Rout, Bitcoin Back Over $51,000

Futures Rebound From Asia Rout, Bitcoin Back Over $51,000
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US House budget panel approves $1.9 trillion Covid-19 aid bill


US President Joe Biden (File photo)
WASHINGTON: The US House of Representatives Budget Committee on Monday approved legislation with $1.9 trillion in new coronavirus relief, advancing a top priority of President Joe Biden toward a full House vote on passage expected later this week.
The measure passed the panel on a largely party-line vote of 19-16, as the US death toll from the coronavirus pandemic surpassed the grim benchmark of 500,000 victims. Millions more have been left jobless by the pandemic.
The sweeping legislation is intended to stimulate the US economy and carry out Biden’s proposals to provide additional money for Covid-19 vaccines and other medical equipment. ....

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