Your guide to how Washington shapes business and the economy
| TUE, MAR 23, 2021 | | | Hello, It's time to catch up on what's going on in Washington. The Biden administration's push toward an infrastructure bill is gaining steam. The migrant surge at the Mexico border is becoming a bigger problem for the White House. And the U.S. relationship with China took another tense turn. Here are some of the key stories CNBC Politics has been tracking: - President Biden's advisors are expected to present him with a $3 trillion infrastructure plan this week. White House officials are considering splitting it into two bills: one would focus on physical infrastructure, such as transportation and clean energy. The other would focus on combating poverty and inequity with more funding for college, paid leave and pre-K.
- Ahead of the infrastructure rollout, top White House officials met with representatives from the energy industry, sources told CNBC's Kayla Tausche. The industry reps said they were interested in investing in carbon-capture technologies, and most of them demonstrated support for market-based carbon pricing, according to attendees.
- While the Biden administration attempts to keep focus on the economy and its efforts battling the Covid pandemic, the surge of migrants on the U.S.-Mexico border is becoming a bigger, more visible problem. Rep. Henry Cuellar, a Democrat from the Texas border city of Laredo, told CNBC's Shepard Smith that the White House isn't moving fast enough to address the issues. "They should move these kids as soon as possible to Health and Human Services," he said.
Planning note: Biden will hold his first presidential press conference Thursday. Be sure to follow CNBC Politics' coverage. Thoughts? Email Politics Editor Mike Calia at CNBCPolitics@nbcuni.com. Have friends or colleagues who might like this newsletter? They can sign up here. Subscribe to CNBC's daily new podcast The News with Shepard Smith, which provides deep, non-partisan coverage and perspective on the day's most important stories. |
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