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Senate GOP signals they'll help bail out Biden's Fed chair

Republicans are signaling that they will help bail out Jerome Powell if he's renominated to lead the Federal Reserve amid opposition and skepticism from progressives. ....

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Oregon senator takes center stage in Democratic filibuster debate

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Merkley, 64, is at the center of the caucus’s increasingly public debate over whether to reform the 60-vote legislative filibuster, a decision that will have deep ramifications for how many of President Biden
Merkley has been intensely but quietly lobbying his colleagues about the potential for changes to the filibuster, as well as taking part in a bipartisan group discussing smaller rules changes, efforts he ties to a decision made last year when he ran for a third term.
“I was wrestling with whether to run for reelection. I’ve got a limited number of years of life. I could do many different things. . I thought well if I run for reelection it’s going to be because I make an all-out push to restore the Senate as a functioning body,” Merkley told The Hill, noting that he’s spoken to every member of the Democratic caucus over the past year. ....

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Senate Democrats take first step toward big COVID-19 bill

By Jordain Carney - 02/02/21 04:47 PM EST

Senate Democrats took a first step on Tuesday toward passing a coronavirus relief bill with or without GOP support.
The Senate voted 50-49 to proceed to a budget resolution that greenlights passing a separate coronavirus relief bill through reconciliation, avoiding a 60-vote legislative filibuster.
The House is expected to pass its budget resolution Wednesday. The Senate will now need to go through tens of hours of debate and a marathon session known as a vote-a-rama, before they can hold a final vote on the budget resolution.
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Democratic leaders voiced confidence that they would have the support from within the caucus to get started. Because Democrats have a slim majority, they need the support from all 50 members of the caucus to advance and ultimately pass the budget resolution in the face of what is shaping up to be unanimous opposition from Senate Republicans. ....

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