"Right now we have no choice": America's child care sticker shock
June 23, 2021 inPolitics
Parents looking to return to the job market may find child care options have gotten pricier — and that's if they can enroll their kids at all. Why it matters: The fate of the recovery partially relies on the return of parents who left the workforce to care for their children. Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the lack of participation by caretakers is holding...
House Democrats unveil spending bill to boost staff pay, maintain lawmaker pay freeze
June 23, 2021 inPolitics
House Democrats on Wednesday unveiled an annual legislative branch spending bill that includes $134 million to help boost congressional staffer pay while maintaining the lawmaker pay freeze that's been in place for more than a decade. The... ...Read more from our friends at The Hill
House GOP demands probes, sanctions, lawsuits to hold China accountable for COVID-19
June 23, 2021 inPolitics
House Republicans on Wednesday redoubled efforts to hold China accountable for the COVID-19 pandemic, pressuring President Biden and congressional Democrats to take action. The GOP lawmakers touted an eight-point plan released earlier this week that includes declassifying intelligence related to the origins of the virus and hitting China with visa ...... Read more from our friends at the Washington Times
: SCOTUS decision could help advance Biden’s housing agenda — starting with the firing of the…
June 23, 2021 inEconomics
A Supreme Court decision released Wednesday will allow President Biden to fire the current director of the Federal Housing Finance Agency. ...Read more from our friends at MarketWatch
Biden at Sen. John Warner's funeral: He 'gave me confidence'
June 23, 2021 inPolitics
President Biden memorialized the Sen. John Warner (R-Va.) on Wednesday, recalling the day the late lawmaker endorsed of him for president in the 2020 election.“As we say in the Senate, ‘excuse me a point of personal privilege.’ When John... ...Read more from our friends at The Hill
US New Home Sales Unexpectedly Plunged In May To Lowest In A Year
June 23, 2021 inEconomics
US New Home Sales Unexpectedly Plunged In May To Lowest In A Year Following yesterday's slightly better than expected existing home sales (which was still a 4th straight monthly decline), analysts expected May new home sales to rebound very modestly from the 5.9% plunge in April... they were wildly wrong! New home sales plunged 5.9% MoM in May and April's crash was revised even lower (-7.8% MoM)... Source: Bloomberg This unexpected drop pushed the...
DOJ seizes US-based website domains linked to Iranian government
June 23, 2021 inPolitics
News of the agency's seizures came Tuesday in a press release, which said that the department had taken control of 33 websites used by the Iranian Islamic Radio and Television Union. ...Read more from our friends at NY Post
Senate Republicans block Democrats' sweeping voting rights bill
June 22, 2021 inPolitics
Senate Republicans filibustered Democrats' signature voting rights bill on Tuesday, denying it the 60 votes needed to advance the bill and start debate. Why it matters: It's an expected-but-significant blow to Democrats' hopes of passing a sweeping federal elections overhaul to combat a wave of new voting restrictions in Republican-led states. The far-reaching bill was co-sponsored by every Democratic senator except for Sen. Joe Manchin (D-W.Va.), who called it...
