U.S. Economy Is Spiraling and Needs Urgent Action, Biden Aide Warns
A top economic adviser to Biden warned the U.S. economy is “spiraling downward” and called for swift action to address vulnerabilities.
A top economic adviser to Biden warned the U.S. economy is “spiraling downward” and called for swift action to address vulnerabilities.
For all the risks U.S. investors are still facing, the political party of the incoming president isn’t necessarily one of them.
President-elect Joe Biden has chosen two veteran regulators to lead the SEC and the Consumer Financial Protection Bureau.
As an unprecedented second impeachment of Trump unfolded in Congress, market participants were mostly unfazed but mindful of the historic moment.
They applauded his tax cuts. They cheered as the stock market soared. Now, the sound coming from some of the president’s wealthiest donors is silence.
Schwarzenegger, a Republican Party member and long-time critic of Trump, likened the siege at the Capitol Building last week to “Kristallnacht.”
The Democrat leading the nation’s biggest state is facing a raging pandemic, vaccine distribution problems and a nascent recall drive.