Digital money, a curiosity just a few years ago, is emerging as an intense concern among central banks with the potential to erode the power of monetary policy, and even in the best of worlds likely to make control of interest rates more difficult, according to new Federal Reserve and other research.
Joe Biden meets with bipartisan group of lawmakers in the development of $2 trillion infrastructure package
White House / Wikimedia Commons
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President Joe Biden is looking to get more lawmakers on board with his $2 trillion infrastructure bill. Seeking to get bipartisan support, Biden met with a group of lawmakers from both parties to discuss the proposal.
Biden met with a bipartisan group of lawmakers at the Oval Office on Monday to discuss the sweeping package that he plans to pass through Congress. Compared to the previous meetings with well-knowns including congressional leadership, the lawmakers Biden met with were not as known but have experience on infrastructure and are members of related committees. Biden said that he was prepared to negotiate on the extent of his infrastructure proposal and its funding.
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EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
Joe Biden called for peace and calm following Daunte Wright shooting
Adam Schultz (via White House) / Wikimedia Commons Tuesday, April 13, 2021 9:45 AM UTC
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Another shooting occurred this week when a police officer opened fire at 20-year-old Daunte Wright in Minnesota. President Joe Biden called for peace following news of Wright’s death.
Speaking to the press at the Oval Office Sunday, Biden described the event as “tragic” and added that he has yet to speak to Wright’s family on the phone. Wright was shot and killed by a police officer upon getting pulled over close to the Brooklyn Center in Minneapolis. The place was 14 miles north where George Floyd was killed in 2020 by police officer Derek Chauvin, who knelt on his neck for nine minutes.