Your guide to how Washington shapes business and the economy
| FRI, JUN 18, 2021 | | | Hello, Congratulations. We made it to another Friday. It was a momentous week for Supreme Court decisions. A bipartisan agreement on infrastructure began to take shape, even as progressive Democrats lodged some sharp complaints. Hurricane season is off to an active start, raising fears of a disastrous summer and autumn. And the United States has its first new federal holiday in decades. Here's what's happening: - Juneteenth is now a holiday: President Biden on Thursday signed a bill making Juneteenth, the day that commemorates the end of slavery in the United States, the first federal holiday since President Reagan signed off on Martin Luther King Jr. Day in the early 1980s. Juneteenth, which is June 19, falls on Saturday, so the federal government decided to give workers the day off today. Meanwhile, lawmakers continue to debate a potential bipartisan deal on reforming law enforcement in the wake of the deaths of George Floyd, Breonna Taylor and several others at the hands of police.
- Obamacare remains a BFD: The Supreme Court once again turned back a Republican challenge to the Affordable Care Act. Signed in 2010, Obamacare has since become the foundation of much of the American health care system – and it is now popular with voters after costing Democrats control of the House a decade ago. The law's durability and impact are likely on top Biden officials' minds as they look to enact an ambitious legislative agenda focused on infrastructure, green energy and family support that could set the economic tone for decades to come.
- Outbreak in Kabul: American forces are withdrawing from Afghanistan ahead of a Sept. 11 deadline, but the Covid surge in that nation is complicating things. The State Department put the U.S. Embassy in Kabul on lockdown after more than 100 people at the post became infected with the coronavirus. Still, this week the Pentagon said it was halfway through the gargantuan withdrawal process.
Thanks for reading CNBC Politics. Have a great weekend. Thoughts? Email us at CNBCPolitics@nbcuni.com. Have friends or colleagues who might like this newsletter? They can sign up here. Subscribe to CNBC's daily podcast "The News with Shepard Smith," which provides deep, non-partisan coverage and perspective on the day's most important stories. |
Post a Comment