Chair of a House coronavirus subcommittee pledges investigation

Just days before the federal moratorium on evictions expired, lawmakers scrutinized the actions of corporate landlords, who filed tens of thousands of lawsuits seeking the removal of tenants during the pandemic. Representative James E. Clyburn, chair of the House Elected Subcommittee on the Coronavirus Crisis, said the hearing was the opening salvo of the investigation, …

Federal Reserve Chair to Testify Before Congress

When Federal Reserve chairman Jerome H. Powell appears before the Senate Banking Committee on Thursday, he will testify at a tense moment, both politically and economically, given the recent rise in inflation. Consumer Price Index skyrocketed It was 5.4 percent year-on-year in June, the biggest increase since 2008, and a bigger move than economists had …