27th October 2021

  • Biden Turns Focus Toward Fed Vacancies as Powell’s Tenure Wanes

White House begins to zero in on whether to renominate Powell

Shaky economic news spotlights Powell leadership as term ends

https://blinks.bloomberg.com/news/stories/R1JP2TDWLU6H

  • U.S. Ban on China Telecom Signals Broad Concern Over Beijing

FCC cites national security concerns, government connections

Follows effort to remove Chinese tech from U.S. networks

https://blinks.bloomberg.com/news/stories/R1M6P2T0AFB5

  • Democrats Unveil a Corporate Minimum Tax, Eyeing $400 Billion

Proposal would apply 15% tax to corporate financial profits

Plan could be used to fund Joe Biden’s spending bill

https://blinks.bloomberg.com/news/stories/R1LSFST1UM0W

  • Oil Edges Lower After Mixed Industry Report on U.S Inventories

API snapshot shows higher nationwide holdings, drop at Cushing

Biden White House will continue to press OPEC, Jen Psaki says

https://blinks.bloomberg.com/news/stories/R1MF1DDWLU6D

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