DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Schumer: Hoping To Reach Framework On 'Build Back Better' By End Of Today

US

Speaking on the Senate floor, majority leader Chuck Schumer (D-NY) says that he hopes to reach agreement on a framework for the Build Back Better bill by the end of the day.

  • Schumer: ""An agreement is within arm's length and we are hopeful that we can come to a framework agreement by the end of today. But we must, we must, continue working a little more to make sure it is the best deal possible for the American people."
  • More circumspect rhetoric from likely swing vote, Senator Joe Manchin (D-WV), who is taking Q&A. Some comments from him relayed by Burgess Everett at Politico: "Manchin says Biden will go to House to explain framework and work still to be done, hopes for bipartisan infrastructure vote bill in House. Manchin floats 15 percent "patriotic tax" on wealthy but calls billionaire tax "convoluted". Manchin says a deal "absolutely" can be reached today."
  • Democratic chief deputy whip Rep. Dan Kildee (D-MI) quoted by wires saying that 'negotiations are moving in the right direction' and that 'hope is that common ground is reached on the reconciliation bill [Build Back Better bill] today'.
Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.