Pelosi pushes to seal near election relief deal
Washington politics frame a Tuesday deadline as Nancy Pelosi reports progress with Steven Mnuchin on a coronavirus stimulus package. Democrats demand a larger plan while Republicans hedge on support, markets fall as traders anticipate the outcome before Election Day.
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FDIC finds record low unbanked rate in 2019 before pandemic
The FDIC reported 5.4 percent of Americans lacked a basic bank account in 2019, a record low. Disparities persisted with 2.5 percent of white households unbanked versus 13.8 percent of Black and 12.2 percent of Hispanic households. Lower income groups saw higher unbanked rates, while pandemic effects are expected to worsen the trend.
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