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US Senate poised for voting marathon over $1.9T stimulus bill


The United States Senate steered on Friday towards a voting marathon on Democrats’ $1.9 trillion COVID-19 relief bill after enduring an extraordinary half-day holdup forced by a Republican foe of President Joe Biden’s top legislative priority.
The chamber planned to begin voting around midday on a mountain of amendments, mostly by GOP opponents and virtually all destined to be rejected. That would set the Senate on course towards approving its reworked version of the massive measure, probably over the weekend, and shipping it back to the House so it could whisk the final package to Biden for his signature.
Moments after the Senate took up the legislation Thursday, Senator Ron Johnson, a Republican from Wisconsin, forced the chamber’s clerks to read aloud the entire 628-page measure. The exhausting task took the staffers 10 hours and 44 minutes and ended shortly after 2am ET (07:00 GMT), with Johnson alternately sitting at his desk and pacing around the mostly empty c ....

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Число военных баз США у границ России надо сократить: американский капитан оказался умнее генералов из Пентагона

US economy will need support for 'some time', Fed's Powell warns | Banks News


The United States economic recovery remains “uneven and far from complete” and it will be “some time” before the Federal Reserve considers changing policies it adopted to help the country back to full employment, Fed Chair Jerome Powell said on Tuesday.
The US central bank’s interest rate cuts and purchases of $120bn in monthly government bonds “have materially eased financial conditions and are providing substantial support to the economy,” Powell said in remarks prepared for delivery to a Senate Banking Committee hearing on the state of the economy.
“The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved,” said Powell, referring to the hurdle the Fed has set for discussing when it might be appropriate to pare back support. ....

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