Tag Archives: Congress

Chairman of the United States Federal Reserve, Jerome Powell, testified on Tuesday before the Senate, telling the Senate’s Banking Committee that the economy’s recovery is still uneven and far from complete. Powell vowed to maintain the current monetary policy until the inflation target is achieved and full employment is reached. …

The proceedings of former United States President Donald Trump’s second impeachment trial in the U.S. Senate began earlier today. For hours on Tuesday, Democratic members of the House of Representatives who are impeachment managers as well as Trump’s defense team debated the constitutionality of the impeachment trial. Trump’s lawyers argue …

The United States Secretary of the Treasury, Janet Yellen, said on Tuesday that economic growth estimated by the Congressional Budget Office (CBO) are showing the strong need for passing the coronavirus rescue package proposed by President Joe Biden, Reuters reported. “Last year, the economy shrunk more than any other since …

The U.S. Congress is expected to start procedures to pass the huge stimulus package proposed by President Joe Biden next week, Reuters reported citing leaders in the Democratic party. Both Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi pointed to work on passing what the administration is calling …

The United States Senate Majority Leader Chuck Schumer said on Tuesday that Democrats are ready to begin working to pass the new president rescue plan as early as next week without cooperation with the Republicans. The plan is being challenging by some Democrats as it will increase government debt. “In …

The President of the United States, Joe Biden, recently laid out a new government stimulus plan worth $1.9 trillion to help the economy face the impact of the Coronavirus pandemic, under the title “The American Rescue Plan.” The plan will grant a monthly payment of $2,000 per household by adding …

The United States House of Representatives is going through on Wednesday with impeachment procedures against President Donald Trump. This would be the first time in U.S. history that a president is impeached twice. It has been reported that some Republicans in the House are set to vote in favor of …

Twitter and Facebook have temporarily suspended the accounts of US President Donald Trump, as tech giants scrambled to counter his unfounded claims about the presidential election, amid riots in Washington D.C. Twitter withheld Trump’s three tweets and requested that they be deleted “as a result of the continuing and unprecedented …

Congress has resumed the electoral counting process to confirm President-elect Joe Biden’s victory, hours after crowds of President Donald Trump’s supporters stormed the Capitol. US House Speaker Nancy Pelosi said that House members will quickly resume counting the votes to confirm the outcome of the presidential elections after securing the …

The United States Senate is set to discuss later this week the proposal made by President Donald Trump, as well as many Democrats, to an increase the stimulus payments from $600 to $2,000 per household, according to Senate Majority Leader Mitch McConnell, Reuters reported. This comes after the Senate’s Republican …