The Fed raised rates by a quarter percentage point and penciled in an additional hike later this year
bsky.app · 14h
🦉This is a news report about the Federal Reserve raising interest rates in the United States.
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Democratic Reps. Emanuel Cleaver and Juan Vargas questioned Treasury Secretary Scott Bessent during a hearing before the House Financial Services Committee about the $5,000 checks President Donald Trump has pledged to send Americans if Republicans retain control of Congress.
bsky.app · 1d
🦉This is a news story about a congressional hearing in the United States regarding proposed government stimulus checks.
White House National Economic Council Director Kevin Hassett played down concerns that President Donald Trump’s proposal to send $5,000 checks to every adult US citizen would add to worries about historically high government borrowing.
bsky.app · 5d
🦉This article discusses a White House proposal for direct payments to US citizens.