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Biden’s Infrastructure Win Ramps Up Fight Over Economic Agenda

Biden’s Infrastructure Win Ramps Up Fight Over Economic Agenda

© Reuters Biden’s Infrastructure Win Ramps Up Fight Over Economic Agenda (Bloomberg) — President Joe Biden scored a political win by sealing a $579 billion infrastructure deal with a group of Democratic and Republican senators, yet the bipartisan plan faces hurdles in Congress that reflect challenges to his broader economic agenda. With the agreement, announced…

Factbox-Biden’s bipartisan infrastructure deal came with sacrifices

Factbox-Biden’s bipartisan infrastructure deal came with sacrifices

© Reuters. U.S. President Joe Biden speaks following a bipartisan meeting with U.S. senators about the proposed framework for the infrastructure bill, at the White House in Washington, U.S., June 24, 2021. REUTERSKevin Lamarque WASHINGTON (Reuters) – President Joe Biden and top White House officials hailed a bipartisan, preliminary infrastructure agreement as proof that Washington…

Yellen warns Congress of ‘unthinkable’ U.S. default risk without debt limit hike

Yellen warns Congress of ‘unthinkable’ U.S. default risk without debt limit hike

© Reuters. U.S. Treasury Secretary Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services about the FY22 Treasury budget request on Capitol Hill, in Washington, DC, U.S., June 23, 2021. Shawn Thew/Pool via REUTERS By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday warned Congress that the United States risks…

Fed chairman’s testimony shows Biden’s economic plan working -White House

Fed chairman’s testimony shows Biden’s economic plan working -White House

© Reuters. FILE PHOTO: Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS/File Photo By Andrea Shalal WASHINGTON (Reuters) – Congressional testimony from Federal Reserve Board Chairman Jerome Powell on Tuesday shows that President Joe Biden’s economic plan is…

Biden, Congress divided on how to pay for infrastructure

Biden, Congress divided on how to pay for infrastructure

2/2 © Reuters. FILE PHOTO: U.S. President Joe Biden speaks about the administration’s coronavirus disease (COVID-19) response and the vaccination program during brief remarks in the State Dining Room of the White House in Washington, U.S., June 18, 2021. REUTERS/Carlos 2/2 By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON (Reuters) – President Joe Biden will continue…

White House says no policy decisions expected from Biden’s meeting with financial regulators

White House says no policy decisions expected from Biden’s meeting with financial regulators

© Reuters. FILE PHOTO: U.S. President Joe Biden speaks prior to signing of the Juneteenth National Independence Day Act into law in the East Room of the White House in Washington, U.S., June 17, 2021. REUTERS/Carlos Barria WASHINGTON (Reuters) – White House Press Secretary Jen Psaki said no policy decisions are expected from President Joe…

Catholic leaders advance plan that could deny Biden Communion

Catholic leaders advance plan that could deny Biden Communion

The U.S. Conference of Catholic Bishops overwhelmingly voted, 168-55, to draft a document that they hope will prevent President Biden and other Catholic politicians from receiving Communion if they advocate for abortion rights, the Associated Press reports.Why it matters: Biden is the United States’ second Catholic president and the country’s most religiously observant leader since…