Top leaders from both sides of the aisle are exchanging barbs after Senate Republicans blocked Democrats’ election reform bill Tuesday, saying it infringes on state rights to run elections. Senate Minority Leader Mitch McConnell said, “What this is really about is an effort for the federal government to take over the way we conduct elections in this country.” Democrats aren’t giving up. They say this is just the beginning. Senate Majority Leader Chuck Schumer said, “This vote was the starting gun, not the finish line.”
A federal judge ruled that Black Lives Matter (BLM) protesters can’t sue former President Donald Trump, former Attorney General William Barr, or other Trump administration officials. The protesters, backed by the American Civil Liberties Union, argue the government violated protesters’ rights during BLM demonstrations. A report from the Department of Interior’s inspector general debunked that theory. Park police cleared Lafayette Square to set up fencing after riots and protests in the area—and they only cleared the crowd after issuing three warnings.
Federal Reserve Chair Jerome Powell is quashing fears about inflation. In his congressional testimony Tuesday, he admits there’s some inflation, but along with the central banks, he says the surge is tied to economic reopening after last year’s lockdown. The retirement sector is one area that remains nervous. According to financial advisor at Best Small Business Loans Thomas J. Brock, “rapid price increases can have a destabilizing effect on an economy, and they can jeopardize hard-earned retirement savings.” He has a number of suggestions on ways to avoid inflation.
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