This was supposed to be Mike Henry’s big week. On Tuesday the BHP boss unveiled an overhaul including a $14 billion-odd sale of its oil and gas division at a copper mine.
A $1 trillion infrastructure package that is a top priority for U.S. President Joe Biden secured enough votes to pass the Senate on Tuesday, a victory for the White House and the bipartisan group of senators who spent months negotiating it.
Hours after the U.S. Senate approved a $3.5 trillion budget blueprint chock-full of investments in new domestic programs, fissures emerged between the moderate and liberal wings of the Democratic Party over the size and scope of the spending.
The U.S. Senate on Wednesday passed a $3.5 trillion budget plan that would help address climate change and launch several new domestic social programs, as Democrats united behind the effort.
Investors are ramping up the search for stocks that could benefit from a potential splurge in infrastructure spending, as a $1 trillion bipartisan bill clears the Senate and heads to Congress later this year.