Federal Reserve Announces Policy Changes

Prepared to accommodate a higher level of inflation. Federal Reserve Chairman Jerome Powell announced last week that inflation rates will now be allowed to exceed its previously held…

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D.C. Sees Largest Gathering Since Pandemic Began

Thousands commemorate the 1963 March on Washington. Martin Luther King, Jr.’s historic “I Have A Dream” speech happened 57 years ago on the steps of the Lincoln Memorial.…

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President’s Student Loan Relief Implemented by Education Secretary

Loan payments now deferred through the end of 2020. Department of Education Secretary Betsy DeVos has fully implemented the memorandum signed by President Trump earlier in August extending…

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Administration to Purchase 150M Rapid COVID-19 Tests

The self-contained tests yield 15-minute results. Under a new agreement between President Trump’s Administration and Abbott Laboratories, the government will acquire almost all of the 15-minute COVID-19 tests…

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CDC Drops General Quarantine Recommendation for Travelers

Cautions that exposure may still transmit coronavirus. The Centers for Disease Control and Prevention recently updated travel guidelines by removing the suggestion that international and interstate travelers quarantine…

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Economy Showing ‘Signs of Life,’ Fed Official Says

Still in a “tentative” stage, she added. Esther George, the President of the Kansas City Federal Reserve, said the economy is beginning to show “signs of life,” and…

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FDA Changes Course on Plasma Treatment

Chief acknowledges overstating treatment effect. The Food and Drug Administration announced that it had gone too far in promoting the treatment effects of convalescent plasma in fighting against…

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Work Permits Tougher for Asylum Seekers

New rule requires one year wait time. Under a new rule, it will now be more difficult for asylum-seeking migrants to obtain work permits in the U.S. The…

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Senator Bill Cassidy Tests Positive for COVID-19

Will remain in quarantine for two weeks.  In a statement released last week Thursday, the office of Senator Bill Cassidy informed the public that Senator Cassidy had tested…

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House Passes USPS Legislation

Post Office voices concerns. In a rare weekend session of the House of Representatives, lawmakers passed a set of new laws targeted at assuring the U.S. Postal Service…

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