The federal reserve system, or monetary machine, is ready to raise interest rates in the next few weeks. Jerome Powell said the economy is booming and there’s no need for continued stimulus to prop up Wall Street. But not everyone agrees, as some hedge fund leaders think the labor market is shrinking and we could be in for a dark winter.
Senator Ben Cardin is calling on fellow Senators to hammer out a stimulus package that helps working class people but Senator Joe Manchin is standing in the way of key provisions including the child tax credit. We’ll cover all of these angles and the news that some are floating the idea that Kamala Harris should replace Justice Breyer on the Supreme Court.
#stimuluspackage #morninginvest #justicebreyer
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