Senate Republicans Stall Critical Vote on Fed Nominees

The White House’s five Fed nominees, including picks for the chair and vice chair, were supposed to face a vote on Tuesday, but Republicans boycotted.

#appointments-and-executive-changes, #banking-and-financial-institutions, #brainard-lael, #brown-sherrod, #cook-lisa-d, #federal-reserve-bank-of-kansas-city, #federal-reserve-system, #inflation-economics, #jefferson-philip-n, #powell-jerome-h, #raskin-sarah-bloom, #regulation-and-deregulation-of-industry, #republican-party, #senate, #senate-committee-on-banking, #toomey-patrick-j, #united-states-politics-and-government

Fed nominees commit to not taking part in finance’s revolving door.

Three Federal Reserve picks said that they won’t work in finance for years if they are confirmed to central bank positions.

#banking-and-financial-institutions, #biden-joseph-r-jr, #brainard-lael, #brown-sherrod, #cook-lisa-d, #federal-reserve-bank-of-kansas-city, #federal-reserve-system, #jefferson-philip-n, #powell-jerome-h, #raskin-sarah-bloom, #senate-committee-on-banking-housing-and-urban-affairs, #toomey-patrick-j, #united-states-politics-and-government, #warren-elizabeth

Hospitals and Health Care Workers, Overwhelmed by Covid

Burned-out health professionals and overwhelmed hospitals. Also: The child tax credit; counterterrorism; Democrats and taxes; “Medicare for all.”

#brown-sherrod, #child-tax-credits-and-stipends, #children-and-childhood, #coronavirus-2019-ncov, #democratic-party, #federal-taxes-us, #hospitals, #medicare, #parenting, #tax-credits-deductions-and-exemptions, #terrorism, #united-states-politics-and-government, #vaccination-and-immunization

Democrats Eye Taxing Stock Buybacks and Partnerships

Senate Democrats say a 2 percent tax on the money companies use to buy back stocks and tightened rules around taxing partnerships would raise $270 billion for their $3.5 trillion social policy bill.

#brown-sherrod, #corporate-taxes, #federal-taxes-us, #high-net-worth-individuals, #stock-buybacks, #tax-cuts-and-jobs-act-2017, #tax-evasion, #tax-shelters, #united-states-politics-and-government, #wyden-ron

How Shifting Politics Re-energized the Fight Against Poverty

The pandemic and a set of other economic and social forces changed the calculation for Democrats when it comes to government aid. The question now is how long the moment will last.

#american-rescue-plan-2021, #biden-joseph-r-jr, #brown-sherrod, #clinton-bill, #conservatism-us-politics, #coronavirus-2019-ncov, #deese-brian-c-1978, #hewitt-hugh, #poverty, #rouse-cecilia-e, #trump-donald-j, #united-states-economy, #united-states-politics-and-government, #welfare-us

Rescue Package Includes $86 Billion Bailout for Failing Pensions

Democrats pushed through a big aid measure for multiemployer pensions whose problems predate the pandemic.

#brown-sherrod, #grassley-charles-e, #law-and-legislation, #organized-labor, #pension-benefit-guaranty-corp, #pensions-and-retirement-plans, #stimulus-economic, #united-states-politics-and-government

Democrats Want a Stronger Edge in the Senate. Ohio Could Be Crucial.

The retirement of a moderate Republican senator and conservative infighting have raised Democratic ambitions in the state, a longtime political bellwether that is increasingly tilting red.

#brown-sherrod, #democratic-party, #elections-senate, #ohio, #portman-rob, #presidential-election-of-2020, #republican-party, #ryan-timothy-j-1973, #united-states-politics-and-government, #whaley-nannette-l

Tim Ryan, a Top Democrat in Ohio, Is Said to Plan Senate Bid

Mr. Ryan, who mounted a long-shot campaign for president in 2019, plans to compete for the state’s open Senate seat. His campaign will test Democrats’ strength in a state tilting to the right.

#acton-amy, #brown-sherrod, #democratic-party, #elections-senate, #endorsements, #jordan-jim-1964, #ohio, #primaries-and-caucuses, #republican-party, #ryan-timothy-j-1973, #united-states-politics-and-government, #whaley-nannette-l

As Grassley Tests Positive, Coronavirus Threatens to Stall Work in Congress

Two of the oldest members of Congress, Senator Charles E. Grassley of Iowa and Representative Don Young of Alaska, now have the virus, underscoring the risks on Capitol Hill.

#brown-sherrod, #capitol-building-washington-dc, #coronavirus-2019-ncov, #grassley-charles-e, #portman-rob, #sullivan-daniel-scott-1964, #united-states-politics-and-government, #young-donald

As Grassley Tests Positive for Coronavirus, Virus Threatens to Stall Work in Congress

Two of the oldest members of Congress, Senator Charles E. Grassley of Iowa and Representative Don Young of Alaska, now have the virus, underscoring the risks on Capitol Hill.

#brown-sherrod, #capitol-building-washington-dc, #coronavirus-2019-ncov, #grassley-charles-e, #portman-rob, #sullivan-daniel-scott-1964, #united-states-politics-and-government, #young-donald

Senate Bill Would Outlaw Bank Discrimination for the First Time

Democrats unveiled a proposal to close a loophole in the Civil Rights Act of 1964 after a New York Times report on obstacles faced by customers.

#banking-and-financial-institutions, #beatty-joyce, #booker-cory-a, #brown-sherrod, #discrimination, #johnson-henry-c, #menendez-robert, #racial-profiling, #senate-committee-on-banking, #van-hollen-christopher-jr, #warren-elizabeth, #wells-fargocompany

Senators Seek Answers on Coronavirus Protections at Guantánamo Bay

In a letter, they asked the Pentagon how the military is safeguarding troops and prisoners from an outbreak of Covid-19 given the base’s limited health care facilities.

#baldwin-tammy-suzanne-green, #booker-cory-a, #brown-sherrod, #cardin-benjamin-l, #coons-christopher-a, #coronavirus-2019-ncov, #defense-department, #detainees, #durbin-richard-j, #esper-mark-t, #feinstein-dianne, #guantanamo-bay-naval-base-cuba, #leahy-patrick-j, #merkley-jeffrey-a-1956, #military-tribunals, #national-guard, #reed-jack, #sanders-bernard, #senate, #united-states-defense-and-military-forces, #united-states-navy, #warren-elizabeth

A $5 Billion Proposal to Fight Online Child Sexual Abuse

New legislation would try to curb the illegal imagery with record levels of funding for law enforcement. The bill, coming in response to a Times investigation, also calls for a new oversight position in the White House.

#barr-william-p, #blumenthal-richard, #brown-sherrod, #casey-robert-p-jr, #child-abuse-and-neglect, #child-pornography, #cloudflare-inc, #computers-and-the-internet, #customs-and-border-protection-us, #dropbox-inc, #eshoo-anna-g, #federal-bureau-of-investigation, #gillibrand-kirsten-e, #graham-lindsey, #house-of-representatives, #instagram-inc, #justice-department, #law-and-legislation, #national-center-for-missing-and-exploited-children, #privacy, #senate, #sex-crimes, #wyden-ron

Officials Say Limits on Virus Relief Funds for States Are Too Tight

Lawmakers and other officials are seeking more flexibility in spending federal emergency aid even as Republicans resist allocating more dollars.

#brown-sherrod, #coronavirus-2019-ncov, #democratic-party, #epidemics, #federal-aid-us, #house-of-representatives, #local-government, #mcconnell-mitch, #mnuchin-steven-t, #republican-party, #senate, #states-us, #treasury-department, #united-states-politics-and-government

Some Banks Keep Customers’ Stimulus Checks if Accounts Are Overdrawn

Financial institutions can use the government deposits to make up for recipients’ negative balances.

#american-bankers-assn, #banking-and-financial-institutions, #brown-sherrod, #coronavirus-aid-relief-and-economic-security-act-2020, #credit-unions, #mnuchin-steven-t, #usaa-group, #warren-elizabeth