22nd July 2021

  • Biden Dismisses Inflation Worries, Warns on Hiring Difficulties

Warns restaurant owner his business may remain ‘in a bind’

GOP makes inflation cornerstone of argument against president

https://blinks.bloomberg.com/news/stories/QWMHHUDWX2PV

  • Powell Has Broad Support Among Top Biden Aides for New Fed Term

No decision on reappointment or replacement imminent

Jay Powell’s term as Fed chair expires in February 2022

https://blinks.bloomberg.com/news/stories/QWLPWKDWRGG1

  • Debt-Limit Steps May Run Out in October, Budget Office Says

Agency says large cash balance will help cover expenses

Current two-year suspension of limit ends on July 31

https://blinks.bloomberg.com/news/stories/QWM2LJDWX2PS

  • Democrats Reject GOP Call for Conditions on Debt-Limit Hike

Two-year federal debt suspension comes to end this month

Treasury says hard to predict how long it can keep from limit

https://blinks.bloomberg.com/news/stories/QWM1V5DWX2PS

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