President Biden Joe Biden The West needs a more collaborative approach to Taiwan Abbott's medical advisers were not all consulted before he lifted Texas mask mandate House approves George Floyd Justice in Policing Act MORE is not unlike Candidate Biden in terms of being largely hidden from the public and press. Already, the decision by his team to limit his interactions with the media, while barely traveling outside the White House to address the concerns of the American people, is wearing thin, if new polls are any indication. It's now been more than six weeks since Biden took office. He has yet to hold a press conference during a pandemic that has claimed more than 107,000 lives since his inauguration and more than 500,000 overall. His COVID-19 relief bill, with a price tag of nearly $2 trillion in what will be the largest spending bill in U.S. history, should be sold to the public by the president, just as his old boss, Barack Obama Barack Hussein … [Read more...] about Why is Joe Biden dodging the public and the press?
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President Biden Joe Biden The West needs a more collaborative approach to Taiwan Abbott's medical advisers were not all consulted before he lifted Texas mask mandate House approves George Floyd Justice in Policing Act MORE is making some economists worried with his high-stakes gamble that a nearly $2 trillion COVID-19 relief package will give the economy a major boost without pushing up inflation into dangerous territory. The intensifying debate comes as the Senate is poised to pass the measure as early as this week, sending it back to the House for possible final passage next week. With the finish line in sight, some economists are sounding the alarm, particularly after financial markets signaled unease with the possibility of inflation on the horizon. “To say he’s taking a risk would be an understatement,” said Desmond Lachman, an economist at the right-leaning American Enterprise Institute and former deputy director at the International Monetary Fund. … [Read more...] about Inflation debate heats up over Biden relief bill
WASHINGTON — Union activist Terrance Wise recalls being laughed at when he began pushing for a national $15 per hour minimum wage almost a decade ago. Nearly a year into the pandemic, the idea isn’t so funny. The coronavirus has renewed focus on challenges facing hourly employees who have continued working in grocery stores, gas stations and other in-person locations even as much of the workforce has shifted to virtual environments. President Joe Biden has responded by including a provision in the massive pandemic relief bill that would more than double the minimum wage from the current $7.25 to $15 per hour. But the effort is facing an unexpected roadblock: Biden himself. The president has seemingly undermined the push to raise the minimum wage by acknowledging its dim prospects in Congress, where it faces political opposition and procedural hurdles. That’s frustrating to activists like Wise, who worry their victory is being snatched away at the last minute despite an … [Read more...] about Activists fear Biden’s commitment to $15 minimum wage
Michael D'Antonio is the author of the book "Never Enough: Donald Trump and the Pursuit of Success " and co-author, with Peter Eisner, of the book " High Crimes: The Corruption, Impunity, and Impeachment of Donald Trump." The opinions expressed in this commentary are his own. View more opinion on CNN. (CNN) The Pentagon inspector general tells us that many who worked with Ronny Jackson -- the former Trump White House physician and now a member of Congress from Texas -- think he was a "tyrant" and a "dictator" prone to "yelling, screaming, cursing, or belittling subordinates." Michael D'Antonio Witnesses say he suffered "meltdowns" and "tantrums" and made "sexual and denigrating comments" about a female subordinate (allegations he denies). Trump called this man "one of the finest people that I have met"-- and then similar accusations scuttled his attempt to make Jackson his Veterans Administration chief, so he created a new job for him : … [Read more...] about Ronny Jackson and the ‘former guy’
Stocks took heavy losses Thursday after Federal Reserve Chairman Jerome Powell said the central bank would not hike interest rates for only temporary rise in inflation. The Dow Jones Industrial Average closed with a loss of nearly 350 points Thursday, falling 1.1 percent. The Nasdaq composite fell 2.1 percent, wiping out its 2021 gains, and the S&P 500 fell 1.3 percent. The yield on a 10-year Treasury bond also rose to 1.54 percent Thursday, a sign of rising inflation fears on Wall Street. ADVERTISEMENT The stock market has been volatile for several weeks amid growing concern among some traders about the Fed’s approach to inflation as the U.S. nears the end of the coronavirus pandemic. Treasury yields have steadily risen from ultra-low levels as President Biden Joe Biden The West needs a more collaborative approach to Taiwan Abbott's medical advisers were not all consulted before he lifted Texas mask mandate House approves George Floyd Justice in … [Read more...] about Stocks sink after Powell fails to appease jittery traders