The Trump swamp grows more odious: The White House is said to be pressuring agencies to lease valuable Defense Department spectrum in a no-bid contract to a company in which Trump supporters have invested
https://t.co/MJzeVDejys
McConnell appears to kill any chance of big stimulus by Nov. 3
"Mitch McConnell told Senate Republicans on Tuesday that he has warned the White House NOT to make a big stimulus deal before the election, according to two people familiar with his remarks."
https://t.co/xXJJptxlrn
@DiMartinoBooth The Senate rules will need to be changed even if D's take control. One wonders how much tax receipts will crater and if there is a limit to Fed funded government operations
Stimulus state of play: Pelosi/Mnuchin still talking details on a bill of around $2 trillion that appears to have no chance of passing Senate. Meanwhile, Senate Rs planning a vote on a $500 billion bill that has no chance of passing Senate. Shhh...our government at work.
Please, Mr. President – have you no decency and respect? Dr. Fauci has served the American people for 6 administrations – both Democrats and Republicans. He has always prioritized the health and safety of the American people.
@davidpopp@SenateDems This is to prevent a vote on Barrett for SCOTUS. GOP stimulus will not even get a floor vote as there will not be 60 for cloture.
@lisaabramowicz1 Credit rationing may be yet another corrosive unintended side effect of Fed's intervention. Can reprice risk artificially but cannot eliminate it. Fed is running up to the absolute pricing of default that it cannot move
@NorthmanTrader It seems as if the Fed believes the Middle Class is an historical anomaly that cannot be sustained and that concentration of wealth and corporate consolidation are much more "efficient". They just don't want to say out loud that making the rich richer and poor poorer is the idea