12:30 pm report from The Hill: Biden renames Powell as Fed chairman

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-> A vision at noon of what is happening in politics and how to have a sense of humor about it. *

* Say ah. Haha. Ha ha. Smell. Haha. Smell. Ha – breaks down in tears hysterically.

NEWS THIS MORNING

Three presidents of the United States have nominated him, it is not a big deal:

President BidenJoe BidenBiden will speak on the economy on Tuesday, with the Fed election looming, the NAACP chair calling Rittenhouse’s verdict ‘a warning shot that vigilante justice is allowed’ Optimistic Democrats as the bill from social spending goes to the Senate MORE is nominating chairman of the Federal Reserve Jerome powell for another term. https://bit.ly/3oTvp8C

What You Need to Know About Powell: Republicans and Democrats Like Him: “Powell, a Republican, has chaired the Fed’s board of governors since 2018 and has the support of both parties. He was appointed to run the bank by the former President TrumpDonald Trump Two Fox News Contributors Resigned Over Tucker Carlson’s Jan. 6 Documentary Republican Senator: Decisions On Bills That Went Made Based On Whether They Hurt Or Help Trump Or Biden O’Rourke Will Not Say If He Wants Biden campaign for him in the Texas Senate race MORE five years after he was first nominated to the Fed board by former President ObamaBarack Hussein Obama Voters need to feel the benefit, not just hear the message that Israel indicates confidence in its relationship with Biden Obama wishes Biden a happy birthday MORE. ”

Who will be Powell’s understudy?: Fed Governor Lael Brainard, a Democrat, which is a popular choice among liberals.

More on the announcement, via Sylvan Lane from The Hill: https://bit.ly/3oTvp8C

WATCH BIDEN’S FORMAL ANNOUNCEMENT:

He is scheduled to speak at 1:20 pm EST. Live broadcast: https://bit.ly/3qUyLLs

WHY THIS IS A PARTICULARLY IMPORTANT TIME FOR THE FEDERAL RESERVE:

Via The New York Times Jeanna smialek, “Inflation has recovered dramatically this year, with consumer prices rising at the fastest rate in more than three decades in the year through October. The central bank is tasked with keeping consumer prices stable while striving for maximum employment, and striking that balance could require difficult policy decisions in the months ahead. ” https://nyti.ms/3Fxpg8W

Candy:

Hyperlink https://bit.ly/3HNj7aS

It’s Monday of the holiday week! Get those stretchy pants ready! I am Cate martel with a quick summary of the morning and what’s coming. Send comments, story ideas and events for our radar to [email protected] and follow us on Twitter. @CateMartel and Facebook.

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THIS WEEK

Everyone prepares for Black Friday:

Via The Hill’s Alex Gangitano and Sylvan lane, “This week’s Black Friday will kick off a crucial stretch for President Biden as the US economy struggles to overcome the limits of the coronavirus pandemic. ” https://bit.ly/3HJBqNP

“COVID-19 stifled the regular economic momentum of the holiday season in 2020, but retailers and manufacturers are bracing for increased shopping and travel after three consecutive months of increasing pressure on supply lines.”

What to expect: “Retail sales minus cars and gasoline during Thanksgiving week are expected to increase 10 percent from last year and 12.2 percent from 2019, according to Mastercard data. The credit card company projects a 56 percent increase in apparel sales, a 40.2 percent increase in department store sales, about a 30 percent increase in spending on electronics and an increase almost 40 percent in jewelry sales over the same period last year. ”

Why is the stakes so high for Biden?: https://bit.ly/3HJBqNP

BEFORE THE ANNOUNCEMENT, THERE WAS A SPECULATION THAT POWELL COULD BE REPLACED:

The debate, via CNN Julia Horowitz: https://cnn.it/3DISsJA

IN CONGRESS

Senate Democrats are panicking:

Via The Hill’s Alexander Bolton, “Senate Democrats are increasingly alarmed by poor poll numbers and are looking for a better strategy to sell President Biden’s climate and social spending agenda, which Republicans are attacking as a tax and spending wave. extreme left “. https://bit.ly/3oTWyZl

Another concern for Democrats: “The party also feels that the Republicans are killing it politically in matters of culture war after the Democrats lost the race for the governorship of Virginia, which depended in part on critical race theory.”

How they seek to change the narrative: “Chairperson of the Senate Democratic Steering Committee Amy klobucharAmy Klobuchar The Hill’s Morning Report – Presented by ExxonMobil – Gosar Censored as Republican Drama Intensifies Balance / Sustainability – Presented by Southern Company – Native Solar Power Startups See Business as Activism Religious Institutions Say Infrastructure Funds Will Help modeling sustainability MORE (D-Minn.) He arranged a meeting with Democratic pollsters Wednesday to review surprisingly strong Republican performance in Virginia and New Jersey. A person familiar with the meeting said that the message from some of the pollsters was an alarming wake-up call. ”

Where do they go from here?: https://bit.ly/3oTWyZl

IN WISCONSIN

This is so, so sad:

Via The Washington Post, “Five people were killed and more than 40 injured after a pickup truck driver made his way through a Christmas parade in Waukesha, Wisconsin, on Sunday, authorities said: a violent end. from the festive scene where children were dancing in the street and a marching band played ‘Jingle Bells’. ” https://wapo.st/3oTJoLE

Who is responsible?: A person has been arrested.

“[Waukesha Police Chief Dan Thompson] He said the investigation was still “very fluid” and that “it was unknown at this time whether the incident had any link to terrorism.” He did not comment on a possible motive. ”

What we know so far: https://wapo.st/3oTJoLE

A SCENARIO THE RESEARCHERS ARE LOOKING FOR:

Via The Associated Press Scott Bauer, Michael Balsamo and Mike householder, investigators are looking into whether the suspect was on the run from another crime. https://yhoo.it/3FBn00v

LAST WITH THE CORONAVIRUS

Get a vax, leave the mask:

In an interview on CNN State of the Union ”, yesterday, Anthony FauciAnthony Fauci Sunday Shows: Focus Shifts to Senate for Biden Fauci Spending Plan Says Fully Vaccinated Families Can ‘Absolutely’ Enjoy Indoor Holidays Without Masks COVID-19 Cases Increase With Meetings of Thanksgiving on the way MORE He said vaccinated families can “absolutely” spend the holidays together without wearing a mask. https://bit.ly/3FBnALJ

In Fauci’s words: “That is what I am going to do with my family. And that’s what I think people should do.

More from Fauci’s interview: https://bit.ly/3oSsD3v

‘MORE THAN 90 PERCENT OF FEDERAL WORKERS VACCINATED BEFORE THE DEADLINE, THE WHITE HOUSE SAYS’:

“Another roughly 5 percent comply with a valid exception or extension request, said a senior administration official, bringing the total to 95 percent compliant.” https://bit.ly/3kYqmmv

CASE NUMBERS:

Coronavirus Cases in the US: 47,734,988

Death toll in the US: 771,173

Breakdown of the numbers: https://cnn.it/2UAgW3y

VACCINATION NUMBERS:

Total number of vaccines administered in the US: 451 million injections have been given.

Seven-day average of doses administered: An average of 1.45 million doses

For context: The population of the United States is approximately 331 million.

Breakdown of the numbers: https://bloom.bg/3iVTPLH

58 YEARS AGO TODAY

You know, I’ve never seen this photo before:

Hyperlink https://bit.ly/3l0d5tp

The moment the nation froze:

Look: https://bit.ly/3r0df7S

FEATURED TWEETS:

Hope you ordered the French Onion Soup:

Look: https://bit.ly/3HNkkPs

Harris and Emhoff table photo: https://bit.ly/3FEtMCA

IN TAP:

The House and Senate are out. President Biden and Vice President Harris They are in Washington, DC Biden is heading to North Carolina this afternoon.

10 a.m. EST: President Biden and Vice President Harris received the president’s daily summary.

4 p.m. EST: President Biden and first lady Jill bidenJill BidenBiden will speak on the economy on Tuesday, with the impending Fed election Biden, senior officials reached out to promote the Ciara infrastructure package to promote vaccines for children along with Jill Biden MORE travel to Fort Bragg, NC

6 p.m. EST: President Biden and first lady Jill biden Celebrate “Friendship Day” with military members and military families.

9 p.m. EST: President Biden and first lady Jill biden Go back to the White House.

WHAT TO SEE:

1:20 pm EST: President Biden announces Jerome powell to serve another term as chairman of the Federal Reserve. Live broadcast: https://bit.ly/3qUyLLs

3 p. M. EST: First woman Jill biden receives the Christmas Tree from the White House. Live broadcast: https://bit.ly/3HV93wz

3:30 pm EST: Vice President Harris provides feedback on equity and our health care workforce. Live broadcast: https://bit.ly/3kXZOSh

4:30 pm EST: The White House COVID Response Team holds a press conference. Live broadcast: https://bit.ly/3r7WXd8

4:50 pm EST: White House Press Secretary Jen psakiJen PsakiEconomist Advises Americans to ‘Wait’ for Non-Urgent Purchases Amid Supply Chain Crisis Democrats Frustrated Over Government-Wide Vacancies White House Calls for Investigation into Tennis Star’s Sexual Assault Allegations Chinese disappeared MORE speak to reporters aboard Air Force One. Live broadcast: https://bit.ly/3FIZr69

IN LIGHTER NEWS:

Today is National Cranberry Seasoning Day.

Happy 95th birthday to baby Gerber !:

Through CNN, Ann Turner Cook, who modeled after the original Gerber baby in 1928, just turned 95 (!) Photo: do you see the resemblance?: https://cnn.it/3kYstGU

And since you read this far on Monday, here is an otter who is absolutely fascinated with a hot air balloon: https://bit.ly/3HHRHD2



Reference-thehill.com

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