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Added on the 11/10/2020 11:29:23 - Copyright : Wochit
Former chair of the US Federal Reserve Janet Yellen is on the same page as current Fed chair Jay Powell. Markets Insider reports Yellen echoes Powell, in that the Fed has 'already done a huge amount,' and now it's time for the US Congress to start pulling its weight. While the pandemic is still seriously affecting the economy, we need to continue extraordinary fiscal support. Janet Yellen Former Chair, US Federal Reserve Furthermore, Markets Insider reports Yellen told Bloomberg News she wants to see the US make a 'more effective effort' at fighting the pandemic. After all, she added, Germany, Korea, and China have all been successful in doing so.
A Morning Consult poll finds that four in five Americans want Biden to prioritize federal aid. The top two concerns of the voters were small business aid and stimulus checks. Respondents also indicated favorability of extending mortgage forbearance policies. They also favored increasing unemployment benefits and raising taxes for the wealthy. Treasury Secretary nominee Janet Yellen affirmed Biden's stance on aid in her confirmation hearing. Biden lists a quick economic recovery from the pandemic at the top of his to-do agenda.
Shah Alam, Jan 18 (EFE/EPA).- The Prime Minister of Malaysia, Muhyiddin Yassin, announced Tuesday an additional stimulus package worth around $3.7 billion to strengthen the economy in the Asian country after it was hard-hit by the coronavirus pandemic.The package is known as ' Malaysian Economic and People Protection Assistance Package' (PERMAI) and its initiatives will be based on three main objections, which are to combat the Covid-19 pandemic, to ensure the welfare of the people, and to support the survival of businesses. Malaysia has so far recorded over 150,000 confirmed cases and 601 deaths of the COVID-19. (Camera: FAZRY ISMAIL).SHOT LIST: MEDICAL PERSONNEL PREPARE FOR A SWAB CORONAVIRUS TESTING AT SHAH ALAM, OUTSIDE KUALA LUMPUR, MALAYSIA.