Biden’s $1.9-trn stimulus plan to revive financial system


Washington, January 15

President-elect Joe Biden has announced a $1.9 trillion stimulus package for the Covid-sapped US economy, including direct financial aid to average Americans, support to small businesses and a national vaccination plan. In an address introducing the American Rescue Plan, he said the package included USD 415 billion focused on combating Covid, over USD 1 trillion in direct aid to individuals and families and USD 440 billion in assistance to businesses.

Appointments

  • Garima Verma to be digital director for First Lady office
  • David Cohen picked to be deputy CIA director
  • Laura Rosenberger named for role of White House China director
  • David Kessler to be chief science officer, Covid

Meanwhile, the rehearsal for his inauguration has been postponed from Sunday to Monday due to security concerns, a report said.

He has named ex-deputy CIA director David Cohen for the spy agency. Indian-American Garima Verma has been named digital director in Office of the First Lady. Hillary Clinton’s adviser Rosenberger will be the White House director for China. FDA ex-chief David Kessler has been picked to lead the vaccine science for the country.

Meanwhile, the FBI has said it arrersted over 100 individuals for Capitol Hill riots.

US House of Representatives Speaker Nancy Pelosi on Friday sidestepped a question about when President Donald Trump would face his second impeachment trial, on a charge of inciting his supporters to attack the Capitol.

The House on Wednesday approved one article of impeachment, similar to an indictment, levying that charge against Trump. But Pelosi would not say when she would send the article to the Senate, the step that triggers a trial. “You’ll be the first to know,” Pelosi told reporters. Pelosi said lawmakers were working on proposed new legislation to deliver economic relief to Americans hurt by Covid. — Agencies



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