A clear disconnect between the Treasury and the Fed
Mnuchin and Powell testified on the CARES Act Tuesday, and it pretty much sounded like they were talking about two different economies. Plus: Most states have been underpaying pandemic unemployment benefits.
Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell greet each other as they arrive at Tuesday's Senate Banking Committee hearing.
In their Senate testimony, Treasury chief Steven Mnuchin emphasized progress and Fed Chair Jerome Powell focused on unmet needs. Does their divergence matter?
The 117th Congress will be one of the most racially diverse in history, but what about the lawmakers’ staffers? LaShonda Brenson of the Joint Center for Political and Economic Studies is working on it.