Congress passes Democrats’ big bill, FOMC minutes, Midterms

On Friday afternoon the House followed the Senate and approved the Inflation Reduction Act, and it is a major win for Democrats.  In the coming weeks we will see if voters care enough about the legislation to provide any help for Democrats as they fight to keep their narrow majorities in the fall.

A little history: After Senator Joe Manchin pulled his support from the Democrats’ wish list legislation contained in the $2T Build Back Better (BBB), Senate Leader Chuck Schumer approached ...

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