12 Jan 2021 - 20:06 GMT
US Chamber CEO says Trump undermined US democratic institutions
US Chamber of Commerce CEO Thomas Donohue has called Trump’s actions last week in connection with rioting at the Capitol “absolutely unacceptable and completely inexcusable”.
Donohue told a news conference that Trump “undermined our democratic institutions and ideals” and it was up to Vice President Mike Pence, the Cabinet and Congress to decide whether to try to remove Trump early through the Constitution’s 25th Amendment or impeachment proceedings.
12 Jan 2021 - 20:01 GMT
US State Dept cancels UN envoy’s trip to Taiwan
The cancellation of all travel by the US State Department this week includes a planned visit to Taiwan by Ambassador to the United Nations Kelly Craft, a State Department spokesperson has said.
After chaos in D C , fintechs find a path to normalcy
paymentssource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentssource.com Daily Mail and Mail on Sunday newspapers.
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NEW YORK (Reuters) - U.S. inflation expectations rose on Wednesday in anticipation of more fiscal stimulus after Democrats secured control of the Senate.
With control over both legislative houses now secured, Democrats have more power to advance President-elect Joe Biden’s agenda.
New York Senator Chuck Schumer on Wednesday said sending most Americans $2,000 checks would be a top priority in the new Congress. Still, with the Senate divided down the middle, compromise with Republicans and rightward-leaning Democrats will be necessary for Biden to make substantial changes.
The breakeven inflation rate on the 10-year Treasury Inflation Protection Security (TIPS) - which is typically in line with market expectations of inflation - rose to an intra-day high of 2.092%.
Dec 28, 2020
Photo: Getty Images
Federal relief money is coming to New York State after President Trump signed the $900-billion coronavirus relief package into law.
The state itself didn t get aid but programs and businesses in New York are expected to get more than $54 billion. About $4 billion of that will go to the MTA, averting massive MTA layoffs and drastic service cuts. However, The MTA says the agency still needs around $8 billion in federal help. New York Senator Chuck Schumer says lawmakers will try to get more relief under President elect Joe Biden.
Dec 28, 2020
Photo: Getty Images
Federal relief money is coming to New York State after President Trump signed the $900-billion coronavirus relief package into law.
The state itself didn t get aid but programs and businesses in New York are expected to get more than $54 billion. About $4 billion of that will go to the MTA, averting massive MTA layoffs and drastic service cuts. However, The MTA says the agency still needs around $8 billion in federal help. New York Senator Chuck Schumer says lawmakers will try to get more relief under President elect Joe Biden.
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