White House plans weekly social media posts with President Joe Biden chats to make a strong case for the passage of the stimulus package, according to Bloomberg. The effort aims to communicate directly with Americans affected by the economic fallout of the coronavirus pandemic.
- Through the White House social media accounts, Biden termed claims that America can keep businesses open and thrive without dealing with the pandemic as a “non-starter.”
- Biden’s second week in office concluded with a procedural vote that allowed Democrats to move ahead with the president’s $1.9 trillion stimulus package without Republican support.
- Some Republican legislators are opposed to the size of Biden’s stimulus plan and some of its components.
U.S stocks are currently gaining as the dollar loses. SPY is up 0.47%, QQQ is up 0.45%, EURUSD is up 0.10%
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