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News Round Up – November 2021
Consumer price index October: Biggest inflation surge in more than 30 years (cnbc.com)
The Labor Department reported, inflation was worse than expected in October, hitting its highest point in more than 30 years.
U.S. House Passes the Build Back Better Act
The House passed the Build Back Better Act, on November 19, a spending bill chock-full of progressive priorities, including funding for education, child care, housing, health care and more.
Biden Renominates Powell as Fed Chair, Cites ‘Steady and Decisive Leadership’ (msn.com)
President Joe Biden renominated Jerome Powell as Federal Reserve chairman, ending months of speculation over who would run the central bank for the next four years, the White House announced in a statement.
The materials provided in the News & Insights section are for general informational purposes only and may not reflect the most current legal, tax, or financial developments. While we strive to ensure accuracy at the time of publication, Maner Costerisan does not guarantee that the information remains up-to-date or free from error. We recommend consulting directly with a Maner Costerisan team member to confirm the applicability and relevance of any information to your specific situation.