|
(Second column, 2nd story, link)
Related stories:
Chinese province targets journalists, foreign students surveillance system...
|
|
Jerome H. Powell, who will appear before the Senate Banking Committee on Tuesday, also plans to tell lawmakers that price gains could last well into 2022, according to prepared remarks.
|
RELATED ARTICLES | | |
|
 Fox News SundayFox News host Trace Gallagher briefly pressed Sen. John Barrasso (R-WY) on Sunday over the GOP senator's refusal to support raising the debt ceiling, wondering aloud why Barrasso is against it since it covers already authorized government expenses.
Following the Thanksgiving break, the U.S. Senate is poised for an extremely busy and tense next few weeks. Democrats, who hold a very slim majority in the chamber, will be tasked not only with trying to find a way to iron out intra-party squabbles over the Build Back Better social spending plan but they're also forced to go it alone in terms of boosting the debt limit before the government runs out of money next month.
After Senate Minority Leader Mitch McConnell (R-KY) reached an agreement in October to allow Democrats to pass a short-term debt-limit extension, he vowed that Republicans would not offer any further assistance in raising the debt ceiling. In fact, the Kentucky senator told President Joe Biden he was even willing to let the United States default on the national debt.
|
|
