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Entrepreneur.comDec 03, 2020
Mitch McConnell Poured Cold Water on the $908 Billion Covid-19 Stimulus Plan, Arguing That Trump Would Veto It
McConnell's statement came as all sides called for bipartisanship - and many rallied round a more substantial deal, backed by top Democratic leaders and a bipartisan group of Senators.

MarketWatch MarketPulseDec 03, 2020
Biden confirms BlackRock exec Deese will lead his White House economic team
President-elect Joe Biden on Thursday said Brian Deese is his pick for director of the National Economic Council. News of the pick had leaked out in recent days. The director of the NEC typically serves as a gatekeeper, bringing together all economic-policy decisions facing an administration. The post doesn't require Senate confirmation. Deese worked as the NEC's deputy director during the Obama administration and more recently has been an executive at BlackRock Inc., the world's largest money manager. "Brian is among the most tested and accomplished public servants in the country -- a trusted voice I can count on to help us end the ongoing economic crisis, build a better economy that deals everybody in, and take on the existential threat of climate change in a way that creates good-paying American jobs," Biden said in a statement.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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