Schumer Reelected Senate Democratic Leader for New Congress
Senate Democrats unanimously chose Chuck Schumer to lead the party into a 51 seat majority in January. Dick Durbin Debbie Stabenow and Patty Murray were named key leadership figures in the updated team. Warnock and Fetterman were highlighted as part of the new Democratic contingent expanding the slim 50 50 balance to 51 seats.
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Chuck Schumer
Senate
Congress
Capitol
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House
Joe Biden
Raphael Warnock
Georgia
Dick Durbin
Illinois
Debbie Stabenow
Michigan
Patty Murray
Warnock
John Fetterman
Pennsylvania
Fetterman
New York Times strike grounds 24 hour work stoppage
More than 1,000 Times journalists and staff walked out for 24 hours over contract talks, filing demands on wages remote work and a perceived biased performance review. Newsroom reliance shifted to non union staff and pre written updates as talks stalled.
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Times
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CNN
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Cliff Levy
Stocks edge higher after five day loss in volatile week
Technology shares helped lift the S&P 500 0.8 percent and the Nasdaq 1.1 percent while the Dow gained 0.5 percent. The week remains negative as inflation worries and higher rates weigh on markets. Fed expected to raise rates next week amid strong employment data and resilient consumer spending.
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Biden commits nearly 36 billion to Teamster pension rescue
The Biden administration announces about 36 billion dollars in aid from the American Rescue Plan for the Central States Pension Fund. The move protects roughly 350,000 Teamster retirees and workers from deep benefit cuts, keeping the fund solvent through 2051 and preserving retirement security for families nationwide.
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Joe Biden
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Biden
Central States Pension Fund
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Teamsters
Sean M. O’brien
O’brien
Pension Benefit Guaranty Corporation
Ohio
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