Dec 23, 2020 11:56 GMTForex News
EUR/USD may find it hard to recover if US fiscal stimulus is derailed.
End-of-year flows, Brexit and data are in play ahead of Christmas.
Wednesday’s four-hour chart is showing bears are gaining ground.
“
A disgrace” – Outgoing President Donald Trump’s words on the stimulus bill he had urged Congress to pass cause confusion in markets. The Commander-in-Chief wants Americans to receive checks worth $2,000 instead of $600 raise fears he will not sign the legislation into law ahead of Christmas.
House Democrats – who crafted the relief package with Senate Republicans – seem to support higher payments,
putting the GOP in a bind. If Trump vetos the bill, the bipartisan majority would override it and turn it into law. However,
One Last Parting Insult – Ricochet ricochet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ricochet.com Daily Mail and Mail on Sunday newspapers.
• Former California Rep. Duncan Hunter, another early Trump 2016 supporter who pleaded guilty last December to embezzling campaign funds. Prosecutors had charged Hunter with using more than $250,000 in campaign money on a number of lifestyle expenses, including taking an Uber at 7:40 a.m. on a weekday from the apartment of “Individual 18,” who was notably
not his wife, to his D.C. office.
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• George Papadopoulos, the zero-qualification doofus who served as a “foreign policy adviser” to the Trump 2016 campaign, who pleaded guilty in 2017 to lying to federal authorities about the circumstances under which he’d heard that Russia had “dirt” on Hillary Clinton. (Papadopoulos has spent the subsequent years arguing that he was the victim of a high-level Obama administration conspiracy, as if anyone in the Obama administration was interested in using the limited time available in their wild and precious life to orchestrate a setup in which an
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‘Sedition Summits’ taking place in the Trump White House December 22, 2020 10:28 AM CDT By John Wojcik
Outgoing President Donald Trump has been hosting former top adviser Michael Flynn and lawyer Sidney Powell at the White House to explore the possibility of seizing voting machines and sending the military into swing states to rerun the elections at the point of a gun. | AP
The news broke Monday that, over the weekend, Donald Trump met at the White House repeatedly with his lawyer Sidney Powell, his former National Security Chief Michael Flynn, Rudy Giuliani, and others to discuss the federal government seizing voting machines across the country and using the military, at the point of their guns, to declare martial law and rerun the elections in Georgia,
At last.
The belated $900 billion pandemic relief deal that Congress announced Sunday offers some rare good news during the holiday season of a brutal year and a measure of short-term help to laid-off workers and shuttered businesses hammered by twin health and economic crises.
The most optimistic interpretation of the agreement is that despite a tortured process, a deeply divided Capitol Hill finally navigated a way to consensus, pushed by a core of more moderate bipartisan senators who catalyzed compromise in a time-honored fashion.
Steps to extend unemployment benefits, make $600 stimulus payments to some adults, raise food stamps and send money to food pantries, speed vaccine deployments and keep businesses like restaurants afloat will make a tangible difference to American lives. But it is not as if Congress had a choice, and its delay significantly worsened the pain of many Americans.