America’s top monetary policy official, Federal Reserve Board Chairman Jerome Powell, is urging the US Congress to extend the enhanced unemployment benefits approved this spring that are set to expire at the end of July, intensifying a policy debate that will be pivotal to the negotiations next month that will determine the next phase in … Continue Reading
US Treasury Secretary Steven Mnuchin, who has been the lead domestic policy negotiator for President Donald Trump and his administration during the COVID-19 crisis, made clear in testimony Wednesday to congressional lawmakers that the White House believes passage of another major coronavirus response package will be necessary soon, notwithstanding a generally positive national jobs report … Continue Reading
President Donald Trump focused last week on health care reform and the Fiscal Year 2018 Budget proposal, with the skinny budget proposal due to be released this week. President Trump spoke with President Mahmoud Abbas of the Palestinian Authority on Friday, President Uhuru Kenyatta of Kenya on Tuesday, and Prime Minister Benjamin Netanyahu of Israel … Continue Reading
