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Democrats skeptical of McConnell's election law offer

Democrats are voicing skepticism over Senate Minority Leader Mitch McConnell’s (R-Ky.) openness to discussing election law changes, warning that he’s trying to distract from filibuster reform efforts. ....

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Lawmakers expect COVID-19 relief deal soon

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Toomey’s language would rescind unused funding allocated by Congress in the March CARES Act to backstop Fed lending programs. It would reiterate that five Fed credit lending facilities will expire at the end of the year and ensure that the Treasury Department and Fed couldn’t create future clones of the program.
Republicans worry that the Biden administration could otherwise use the authority to use the Federal Reserve to fund state and local governments or other priorities. Democrats argue that Republicans are trying to take away the Fed’s flexibility in responding to economic developments once Joe Biden ....

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