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Janet Yellen, Fed’s Jerome Powell testify on COVID-19 relief, economy
Treasury Secretary Janet Yellen and Fed Chair Jerome Powell testify before Senate committee-FBN
Federal Reserve Chairman Jerome Powell and U.S. Treasury Secretary Janet Yellen are back on Capitol Hill to give a progress report on the pace of the COVID-19 relief efforts in the second day of testimony.
COVID-19 PANIC STOCK SELLING BURNED INVESTORS WITH SHORTEST BEAR MARKET EVER
While Powell assured lawmakers that inflation will rise, but won’t spiral out of control, Yellen hinted at forthcoming tax hikes which spooked the financial markets on Tuesday.
STOCKS BATTLE HIGHER, INTEL LEADS DOW
Stocks rebounded in early trading Wednesday.
|I:COMP||NASDAQ COMPOSITE INDEX||13183.481223||-44.22||-0.33%|
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Trump Encourages Americans To Get Covid-19 Vaccine
Former President Donald Trump has called upon his Republican supporters to get vaccinated against Covid-19.
In a TV interview, Trump said the vaccines currently being administered in the United States are “safe” and “something that works.”
“I would recommend it to a lot of people that don’t want to get it and a lot of those people voted for me, frankly,” he said during an interview on Fox News Primetime on Tuesday.
“It’s a great vaccine, it’s a safe vaccine and it’s something that works,” Trump added.
The party-line approach to the anti-covid vaccine is in sharp contrast in the U.S.
While 92 percent of Democrats either have received a vaccination or are willing to get vaccinated, only 50 percent of Republicans have positively responded to a vaccination, according to a CNN poll.
Many of Trump’s conservative supporters are opposed to the vaccine program, but he and his wife Melania were vaccinated a few days before leaving the White House.
Fox News Report On Kamala Harris Not Saluting Gets Fierce Fact Check
A Fox News report criticizing Vice President Kamala Harris for not saluting the military honor guard at Air Force Two got plenty of backlash on Tuesday.
Critics ripped the conservative news channel for stirring up false outrage, pointing out that the vice president is not in the military chain of command and was not violating protocol.
Fox News wrote in a report on its website of Harris “appearing to break with precedent and failing to salute the honor guard” when boarding the plane. It included insulting tweets from former NYPD Commissioner Bernard Kerik and right wing radio host Charlie Kirk, who showed a video of a recent Air Force Two approach and accused Harris of being disrespectful to men and women in uniform.
Ex-Vice President Mike Pence and President Joe Biden were seen on video saluting honor guards when they were vice president, Fox News noted. But Dick Cheney, who served as veep under GOP President George W. Bush, is shown elsewhere on video not saluting.
Many on Twitter pointed out that Harris was not breaking protocol, because she is a civilian and not in the chain of command.
Even the commander-in-chief is not required to salute. The late President Ronald Reagan began the practice as a “matter of courtesy,” U.S. Naval War College professor Tom Nichols wrote.
Many on Twitter jumped at the opportunity to fact check Fox News:
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Watch live: Secretary of State Blinken delivers speech from Brussels after NATO meetings
- Secretary of State Antony Blinken is set to deliver remarks from Brussels, Belgium after holding discussions with NATO allies.
- Blinken's is set to discuss a wide range of topics – including climate change, increased need for allies and partners and an increasingly assertive China.
Secretary of State Antony Blinken is set to deliver remarks from Brussels, Belgium after holding consultations with NATO allies.
Blinken is set to discuss a wide range of topics – including climate change, increased need for allies and partners and an increasingly assertive China.
Blinken's speech comes after tensions between the U.S., European Union and China have increased in recent weeks. He's expected to underscore the need for continued partnership with China, but reject China's coercive practices.
On Monday, the U.S., the European Union and Canada placed sanctions on Chinese officials for human human rights abuses against the Uyghur Muslim population in Xinjiang.
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