How Paid Leave, a Tax Cut for the Rich and More Could Get Axed from Biden’s Social Policy Bill
Major struggle lies ahead in coming month in U.S. Senate. Democrats can't lose any votes within party if they are to send Build Back Better to Biden.
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Why Tax Increases in 2021 Could Make it Harder to Balance the Budget in Coming Years
We've heard from progressives a desire to raise taxes on billionaires and millionaires, now have opportunity to do that, it's proving very difficult.
Fed Atlanta President Bostic Says Faster Taper Would Give Option for Earlier Hikes
Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank may need to speed up its removal of monetary stimulus.
Progressives Frustrated as White House Punts on Regulation Chief
Frustration runs among progressives eager for Fed to crack down on Wall Street and step up efforts to tackle climate change & community lending rules.
Powell’s Fed Era 2.0 Tees Up Tough Choices, Unforgiving Politics
The Fed is facing the most difficult period in its history. The thorny topics crowding the Fed chair’s inbox run the gamut and the stakes are high.
Jerome Powell Still Being Fed Chief is Bullish for Stocks: Portfolio Manager
President Biden renominated Powell as Fed chief ending weeks of speculation on topic. Biden also nominated Lael Brainard to position of vice chair.
‘Higher Volatility’ Expected with Fed Pullback: Charles Schwab Chief Strategist
All eyes are on the Fed as analyst timelines for the first rate hikes pull forward. Slowing growth can be expected once Fed completes the tapering.
