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Fed weighs plans to taper, but with a caveat

Fed weighs plans to taper, but with a caveat
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Outpouring of Support for SBA Nominee Dilawar Syed, As Group of Republican Senators Stall Confirmation


A group of Republican senators are holding up the confirmation of Dilawar Syed, President Joe Biden’s nominee for deputy administrator of the Small Business Administration, because of his involvement with Emgage Action, a Muslim American advocacy group.
The AAPI Victory Fund released a press statement July 21, expressing outrage at the “delaying tactics” of Senate Republicans because of the nominee’s religion. Several Jewish American organizations also rallied to support Syed, as did Sen. Ben Cardin, D-Maryland, who chairs the Senate Committee on Small Business and Entrepreneurship.
“Dilawar Syed is an exemplary public servant with a long history of ensuring that all small businesses have access to the support they need— regardless of who owns them,” said AAPI Victory Fund chair Shekar Narasimhan in the press statement. ....

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