There was a lot of talk about how Joe Biden was willing to work across the aisle in a bipartisan fashion, particularly around Covid relief efforts. That’s maybe not a feeling that is getting reciprocated right now.
senior House Republican on GOP votes for Biden covid bill this week:
“Personally I expect zero. no effort to reach out to House Rs by majority or WH. why would any R vote for this?”
if accurate, would match the zero House R votes for 2009 Obama stimulus during financial crisis
February 23, 2021
Also at Congress today, Federal Reserve Chair Jerome Powell will appear to provide lawmakers an update on an economy that is still reeling from the coronavirus pandemic but which, many hope, is perhaps poised to take off later this year if the US vaccination program hits its stride.
The hearing before the Senate Banking Committee, one of the Fed chief’s mandated twice-a-year appearances on Capitol Hill, is scheduled to begin at 10am EST (1500 GMT) and, Reuters report, it will be Powell’s first since Democrats won the White House and control of both chambers of Congress.
It is likely to focus on the tension between a pandemic that has claimed more than half a million US lives and left millions unemployed, and an economy flush with savings and central bank support, and about to get additional federal spending…