Saturday, May 30, 2020
Airdrop Alert!! Coinswitch Kuber Exchange to deploy next week. Get 500KP on signup
Hello
Exciting news!!
Coinswitch Kuber Exchange to be launched next week. Get free 500KP on sign up!! And more on referrals.
Registration Link: https://coinswitch.co/inr-pre-launch#!/?ref_code=B3FXPOPM0U
Exchange looks promising!! Could be the next big thing. Hurry!!
Regards,
Airdrop Detective
Airdrop Alert!! Coinswitch Kuber Exchange to deploy next week. Get 500KP on signup
Hello
Exciting news!!
Coinswitch Kuber Exchange to be launched next week. Get free 500KP on sign up!! And more on referrals.
Registration Link: https://coinswitch.co/inr-pre-launch#!/?ref_code=B3FXPOPM0U
Exchange looks promising!! Could be the next big thing. Hurry!!
Regards,
Airdrop Detective
Friday, May 29, 2020
Cách chống với Gấu
Cách chống với Gấu |
Posted: 28 May 2020 10:43 AM PDT Thực ra gấu sẽ không tấn công bạn khi bạn giả chết,mà nó sẽ nhai bạn ngấu nghiến ngon lành và khi đó bạn sẽ chết thật =)) Mình từng đọc 1 bài viết,gấu là loài ăn tạp,tay rất khỏe,1 tát có thể vả chết... Thank you for spending some time at my site : "www.tranganhnam.xyzand in my blog : http://hocdethi.blogspot.com/. I hope you come to visit again soon! |
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Thursday, May 28, 2020
BREAKING News: Restrained man pleads with police in fatal incident in Minnesota
BREAKING News: Restrained man pleads with police in fatal incident in Minnesota |
BREAKING News: Restrained man pleads with police in fatal incident in Minnesota Posted: 27 May 2020 06:25 PM PDT Raw video: Man pleads with Minneapolis police that he can't breathe while an officer presses his knee into the back of his neck. The man was taken to a hospital but died a short time... Thank you for spending some time at my site : "www.tranganhnam.xyzand in my blog : http://hocdethi.blogspot.com/. I hope you come to visit again soon! |
Mediaite’s Tommy Christopher says CNN host ridiculed for 'stupid questions' to Biden Posted: 27 May 2020 05:49 PM PDT Mediaite's Tommy Christopher is an outspoken liberal who even notes his political leanings and hatred of President Trump in his Twitter bio – but Christopher didn't approve of Bash's interview,... Thank you for spending some time at my site : "www.tranganhnam.xyzand in my blog : http://hocdethi.blogspot.com/. I hope you come to visit again soon! |
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Wednesday, May 27, 2020
Twitter slapped a warning label on one of Trump’s tweets referring to mail-in ballots for the first time Tuesday
Twitter slapped a warning label on one of Trump’s tweets referring to mail-in ballots for the first time Tuesday |
Posted: 27 May 2020 08:14 AM PDT The president, within minutes on Tuesday, accused Twitter of "interfering in the 2020 Presidential Election based on fact-checking by Fake News CNN and the Amazon Washington Post," while adding that... Thank you for spending some time at my site : "www.tranganhnam.xyzand in my blog : http://hocdethi.blogspot.com/. I hope you come to visit again soon! |
Posted: 26 May 2020 07:59 PM PDT Meghan McCain had strong words Tuesday for people who gathered on beaches and at pool parties over Memorial Day weekend despite the coronavirus pandemic. "I was very upset over the weekend over this... Thank you for spending some time at my site : "www.tranganhnam.xyzand in my blog : http://hocdethi.blogspot.com/. I hope you come to visit again soon! |
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Saturday, May 23, 2020
Sen. Tim Scott: Joe Biden made the “most condescending and arrogant comments toward the black community he has ever heard.”
Sen. Tim Scott: Joe Biden made the “most condescending and arrogant comments toward the black community he has ever heard.” |
Posted: 22 May 2020 09:56 PM PDT Republican Sen. Tim Scott of South Carolina said he's offended by Joe Biden's "arrogant, ridiculous" comment to a black radio host that if he's struggling to decide whether to support Biden... Thank you for spending some time at my site : "www.tranganhnam.xyzand in my blog : http://hocdethi.blogspot.com/. I hope you come to visit again soon! |
Posted: 22 May 2020 02:23 PM PDT Senate Minority Leader Chuck Schumer criticized his Republican colleagues on Thursday, claiming they were wrong to focus on Obamagate, which he called a discredited conspiracy theory, during... Thank you for spending some time at my site : "www.tranganhnam.xyzand in my blog : http://hocdethi.blogspot.com/. I hope you come to visit again soon! |
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Friday, May 22, 2020
[Trang Ánh Nam] New comment on Schumer compares Mitch McConnell to Herbert Hoover....
Erin Burnett has left a new comment on your post "Schumer compares Mitch McConnell to Herbert Hoover...":
Vote-by-mail provisions in the 2020 elections
As the 2020 election heats up, Trump has been slamming vote-by-mail provisions that have been recommended by health officials. Wednesday, Trump threatened to hold up federal funds for two election battleground states that are trying to make it easier and safer to vote during the coronavirus pandemic. He later backed away from that threat but stuck with his unsupported claim that widespread voting by mail promotes "a lot of illegality."
"For the president to try to stop voting by mail is outrageous. this is not democrat or republican and in fact the experts don't know who voting by mail helps, which party. But all Americans should know one thing, we have a right to vote, its a sacred right, the president ought not stand in the way."
Schumer mentioned that the HEROES Act contains funding for every American to receive a mail-in ballot.
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:31 PM
Vote-by-mail provisions in the 2020 elections
As the 2020 election heats up, Trump has been slamming vote-by-mail provisions that have been recommended by health officials. Wednesday, Trump threatened to hold up federal funds for two election battleground states that are trying to make it easier and safer to vote during the coronavirus pandemic. He later backed away from that threat but stuck with his unsupported claim that widespread voting by mail promotes "a lot of illegality."
"For the president to try to stop voting by mail is outrageous. this is not democrat or republican and in fact the experts don't know who voting by mail helps, which party. But all Americans should know one thing, we have a right to vote, its a sacred right, the president ought not stand in the way."
Schumer mentioned that the HEROES Act contains funding for every American to receive a mail-in ballot.
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:31 PM
[Trang Ánh Nam] New comment on Schumer compares Mitch McConnell to Herbert Hoover....
Erin Burnett has left a new comment on your post "Schumer compares Mitch McConnell to Herbert Hoover...":
Tensions on the Hill amid GOP push to investigate
Tensions have flared on Capitol Hill over Senate Republicans' push to investigate Obama administration officials and the origins of the Russia investigation. The probes, Democrats say, are designed to dig up dirt against former Vice President's son Hunter Biden, who has worked in Ukraine. Schumer has said Republicans are chasing a "wild conspiracy theory."
On Wednesday, the Senate Homeland Security Committee voted 8-6 to subpoena Blue Star Strategies, a lobbying firm that was a consultant to Burisma, a gas company in Ukraine that paid Hunter Biden to serve as a board member.
There is no evidence of wrongdoing by the Bidens, and Hunter Biden has denied using his influence with his father to aid Burisma. But Republicans coming to President Donald Trump's defense during and after last year's impeachment trial have encouraged investigations of Hunter Biden's activities, questioning whether his highly paid job created a conflict of interest for Joe Biden as the former vice president worked on Ukraine policy in the Obama administration.
Trump has been clear about his intentions to use Hunter Biden's work in his reelection bid, saying in March that it will be a "major issue" in the campaign. "I will bring that up all the time," he said then.
Touching on President Trump's frequent tweets on "Obamagate," his key phrase to refer to allegations that the Obama administration used government resources to spy on the 2016 Trump campaign, co-host Meghan McCain asked Schumer if he could say with "100% certainty" that this did not happen.
"I didn't say it, 17 intelligence agencies, these are non-partisan, people who have risked their lives for us, CIA, NSA, they said it. This came from Russians who wanted to divert attention from what they did, and for the President and Senate to spend time of this during the Covid crisis is just absolutely absurd," Schumer said.
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:30 PM
Tensions on the Hill amid GOP push to investigate
Tensions have flared on Capitol Hill over Senate Republicans' push to investigate Obama administration officials and the origins of the Russia investigation. The probes, Democrats say, are designed to dig up dirt against former Vice President's son Hunter Biden, who has worked in Ukraine. Schumer has said Republicans are chasing a "wild conspiracy theory."
On Wednesday, the Senate Homeland Security Committee voted 8-6 to subpoena Blue Star Strategies, a lobbying firm that was a consultant to Burisma, a gas company in Ukraine that paid Hunter Biden to serve as a board member.
There is no evidence of wrongdoing by the Bidens, and Hunter Biden has denied using his influence with his father to aid Burisma. But Republicans coming to President Donald Trump's defense during and after last year's impeachment trial have encouraged investigations of Hunter Biden's activities, questioning whether his highly paid job created a conflict of interest for Joe Biden as the former vice president worked on Ukraine policy in the Obama administration.
Trump has been clear about his intentions to use Hunter Biden's work in his reelection bid, saying in March that it will be a "major issue" in the campaign. "I will bring that up all the time," he said then.
Touching on President Trump's frequent tweets on "Obamagate," his key phrase to refer to allegations that the Obama administration used government resources to spy on the 2016 Trump campaign, co-host Meghan McCain asked Schumer if he could say with "100% certainty" that this did not happen.
"I didn't say it, 17 intelligence agencies, these are non-partisan, people who have risked their lives for us, CIA, NSA, they said it. This came from Russians who wanted to divert attention from what they did, and for the President and Senate to spend time of this during the Covid crisis is just absolutely absurd," Schumer said.
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:30 PM
[Trang Ánh Nam] New comment on Schumer compares Mitch McConnell to Herbert Hoover....
Erin Burnett has left a new comment on your post "Schumer compares Mitch McConnell to Herbert Hoover...":
Inspector general firings
In the wide-ranging interview, Schumer also reacted to Trump's firing of State Department Inspector General Steve Linick late Friday. Trump has said Secretary of State Mike Pompeo asked him to fire Linick. Linick had been conducting at least two oversight investigations into Pompeo's activities, including the administration's use of emergency powers to sell weapons to Saudi Arabia despite congressional opposition, and whether Pompeo was inappropriately using staff to run personal errands, according to a congressional aide.
"Unfortunately it seems to be what the President does. When he hears the truth, instead of listening to it and adapting to it, he fires people," Schumer said. Schumer called for a full investigation into the charges against Pompeo.
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:30 PM
Inspector general firings
In the wide-ranging interview, Schumer also reacted to Trump's firing of State Department Inspector General Steve Linick late Friday. Trump has said Secretary of State Mike Pompeo asked him to fire Linick. Linick had been conducting at least two oversight investigations into Pompeo's activities, including the administration's use of emergency powers to sell weapons to Saudi Arabia despite congressional opposition, and whether Pompeo was inappropriately using staff to run personal errands, according to a congressional aide.
"Unfortunately it seems to be what the President does. When he hears the truth, instead of listening to it and adapting to it, he fires people," Schumer said. Schumer called for a full investigation into the charges against Pompeo.
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:30 PM
[Trang Ánh Nam] New comment on Schumer compares Mitch McConnell to Herbert Hoover....
Erin Burnett has left a new comment on your post "Schumer compares Mitch McConnell to Herbert Hoover...":
COVID-19 impact on communities of color
Schumer also weighed in on the terrible toll the coronavirus is taking on communities of color. In New York, African Americans are twice as likely to die of the virus.
"The reason is very simple. Communities of color, minority communities and poor communities don't have adequate health care and haven't for a very long time," Schumer told The View's Whoopi Goldberg.
Schumer advocated for more testing, particularly within minority communities.
"Let me say one thing about testing. This has been one of the greatest failures of this administration, and I hope they learn from it," Schumer said.
Schumer said he has asked the Trump administration to provide detailed data on minority-owned business's access to emergency lending funds. In the first round of Paycheck Protection Program, many of the smallest businesses and minority-owned businesses had a difficult time receiving approval for loans.
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:29 PM
COVID-19 impact on communities of color
Schumer also weighed in on the terrible toll the coronavirus is taking on communities of color. In New York, African Americans are twice as likely to die of the virus.
"The reason is very simple. Communities of color, minority communities and poor communities don't have adequate health care and haven't for a very long time," Schumer told The View's Whoopi Goldberg.
Schumer advocated for more testing, particularly within minority communities.
"Let me say one thing about testing. This has been one of the greatest failures of this administration, and I hope they learn from it," Schumer said.
Schumer said he has asked the Trump administration to provide detailed data on minority-owned business's access to emergency lending funds. In the first round of Paycheck Protection Program, many of the smallest businesses and minority-owned businesses had a difficult time receiving approval for loans.
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:29 PM
[Trang Ánh Nam] New comment on Schumer compares Mitch McConnell to Herbert Hoover....
Erin Burnett has left a new comment on your post "Schumer compares Mitch McConnell to Herbert Hoover...":
Schumer criticizes McConnell's response to the coronavirus crisis
Schumer compared McConnell to President Herbert Hoover, who has been historically criticized for his slow response to the beginning of the Great Depression.
Schumer made a prediction that pressure from the American people who need more aid will force McConnell to the negotiating table.
"One of the big pieces is help your local governments. What does that mean? It's policemen, it's firefighters, it's bus drivers. It's health care workers. ... These people are all going to be fired and lose their jobs through no fault of their own," Schumer told The View's Joy Behar.
The criticism echoed comments Schumer made earlier in the week.
"Here, it's business as usual. Leader McConnell has spent three weeks of the Senate's time largely on nominations, only one of whom is directly related to COVID-19. Not one bill on the floor of the Senate having to do with COVID-19 in the entire month of May. The leader has put none on the floor," Schumer said in a speech Wednesday.
House Democrats, led by House Speaker Nancy Pelosi, have drafted another emergency aid package called The HEROES Act. The bill is more than 1800 pages and includes another round of $1200 stimulus payments, aid for state and local governments, hazard pay for workers on the frontlines, and extension of unemployment benefits.
McConnell has shut down the suggestion of passing another large emergency aid bill through the Senate, saying lawmakers should wait and see how effective the CARES Act and the subsequent replenishment of the PPP program are before spending more money and further increasing the federal debt.
In the meantime, the House will vote next week on a smaller bill to extend the 8-week loan period for the Paycheck Protection Program (PPP), which provides forgivable loans to small businesses who use the money for payroll, rent, and other qualifying expenses.
A group of bipartisan senators is scrambling today to possibly secure agreement on that matter, offering a glimpse of possible bicameral cooperation. The push is being led by Sen. Marco Rubio (R.-Fla.).
"We are hearing of course now from a lot of small businesses who got PPP loans but are saying to us, that they can't spend all the money on payroll — 75 percent of the money on payroll — within 8 weeks," Rubio said in an online video message. "They need 12 weeks or 16 weeks because they are just starting to reopen now because there are different rules in different places."
Thursday morning, Schumer and House Speaker Nancy Pelosi sent a letter to President Trump, asking the administration to fly flags at half staff when the death toll in the U.S. reaches 100,000.
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:28 PM
Schumer criticizes McConnell's response to the coronavirus crisis
Schumer compared McConnell to President Herbert Hoover, who has been historically criticized for his slow response to the beginning of the Great Depression.
Schumer made a prediction that pressure from the American people who need more aid will force McConnell to the negotiating table.
"One of the big pieces is help your local governments. What does that mean? It's policemen, it's firefighters, it's bus drivers. It's health care workers. ... These people are all going to be fired and lose their jobs through no fault of their own," Schumer told The View's Joy Behar.
The criticism echoed comments Schumer made earlier in the week.
"Here, it's business as usual. Leader McConnell has spent three weeks of the Senate's time largely on nominations, only one of whom is directly related to COVID-19. Not one bill on the floor of the Senate having to do with COVID-19 in the entire month of May. The leader has put none on the floor," Schumer said in a speech Wednesday.
House Democrats, led by House Speaker Nancy Pelosi, have drafted another emergency aid package called The HEROES Act. The bill is more than 1800 pages and includes another round of $1200 stimulus payments, aid for state and local governments, hazard pay for workers on the frontlines, and extension of unemployment benefits.
McConnell has shut down the suggestion of passing another large emergency aid bill through the Senate, saying lawmakers should wait and see how effective the CARES Act and the subsequent replenishment of the PPP program are before spending more money and further increasing the federal debt.
In the meantime, the House will vote next week on a smaller bill to extend the 8-week loan period for the Paycheck Protection Program (PPP), which provides forgivable loans to small businesses who use the money for payroll, rent, and other qualifying expenses.
A group of bipartisan senators is scrambling today to possibly secure agreement on that matter, offering a glimpse of possible bicameral cooperation. The push is being led by Sen. Marco Rubio (R.-Fla.).
"We are hearing of course now from a lot of small businesses who got PPP loans but are saying to us, that they can't spend all the money on payroll — 75 percent of the money on payroll — within 8 weeks," Rubio said in an online video message. "They need 12 weeks or 16 weeks because they are just starting to reopen now because there are different rules in different places."
Thursday morning, Schumer and House Speaker Nancy Pelosi sent a letter to President Trump, asking the administration to fly flags at half staff when the death toll in the U.S. reaches 100,000.
Unsubscribe from comment emails for this blog.
Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:28 PM
[Trang Ánh Nam] New comment on Schumer compares Mitch McConnell to Herbert Hoover....
Erin Burnett has left a new comment on your post "Schumer compares Mitch McConnell to Herbert Hoover...":
Chuck Schumer: It's 'reckless' for Trump to say publicly he takes hydroxychloroquine
In an appearance on ABC's "The View," Senate Minority Leader Chuck Schumer, D.-NY, called President Trump "reckless" for announcing he is taking the drug hydroxychloroquine to prevent a coronavirus infection.
"If there were people watching, in particularly, people who might like him and listen to him and they have the illness and instead of going to the doctor and getting the proper care, they took hydroxychloroquine, that could hurt their recovery, and even worse, the FDA, our federal agency has said hydroxychloroquine, particularly in older people can cause heart arrhythmia, strokes and other things likes that," Schumer told The View's Sunny Hostin in a wide-ranging interview that touched on tensions on Capitol Hill, the disparate impact of COVID-19 on communities of color and mail-in-voting, among other topics.
The FDA last month specifically warned against taking hydroxychloroquine "outside of a hospital setting or a clinical trial due to risk of heart rhythm problems."
President Trump said he asked the White House doctor if he could take the unproven treatment despite having no symptoms, adding he's been taking a pill a day for about a week and a half.
"I'm still fine," he said, referring to possible dangerous side effects.
As the search for a treatment and vaccine goes on, all 50 states across America have taken steps to re-open, but Schumer warned against moving too fast.
"I understand the anguish of people who want to get back. I understand people who are out of work and want to get to work," Schumer said. "But people have to understand that if we move too quickly, this could come back. Dr. Fauci himself said it. This could come back with a vengeance and be even worse than it was the first time around. So you have to have a balance."
In recent days, Schumer has frequently taken to the Senate floor to criticize Republican Majority Leader Mitch McConnell for not taking up more emergency coronavirus aid legislation.
"He's in an alternative universe, unfortunately," Schumer said of McConnell on Thursday. "When you look at the TV stations and the news and you see miles of people lined up in cars to go to food pantries and the news media interviews them and they say, I've never had to do this before, but I need to feed my family."
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:27 PM
Chuck Schumer: It's 'reckless' for Trump to say publicly he takes hydroxychloroquine
In an appearance on ABC's "The View," Senate Minority Leader Chuck Schumer, D.-NY, called President Trump "reckless" for announcing he is taking the drug hydroxychloroquine to prevent a coronavirus infection.
"If there were people watching, in particularly, people who might like him and listen to him and they have the illness and instead of going to the doctor and getting the proper care, they took hydroxychloroquine, that could hurt their recovery, and even worse, the FDA, our federal agency has said hydroxychloroquine, particularly in older people can cause heart arrhythmia, strokes and other things likes that," Schumer told The View's Sunny Hostin in a wide-ranging interview that touched on tensions on Capitol Hill, the disparate impact of COVID-19 on communities of color and mail-in-voting, among other topics.
The FDA last month specifically warned against taking hydroxychloroquine "outside of a hospital setting or a clinical trial due to risk of heart rhythm problems."
President Trump said he asked the White House doctor if he could take the unproven treatment despite having no symptoms, adding he's been taking a pill a day for about a week and a half.
"I'm still fine," he said, referring to possible dangerous side effects.
As the search for a treatment and vaccine goes on, all 50 states across America have taken steps to re-open, but Schumer warned against moving too fast.
"I understand the anguish of people who want to get back. I understand people who are out of work and want to get to work," Schumer said. "But people have to understand that if we move too quickly, this could come back. Dr. Fauci himself said it. This could come back with a vengeance and be even worse than it was the first time around. So you have to have a balance."
In recent days, Schumer has frequently taken to the Senate floor to criticize Republican Majority Leader Mitch McConnell for not taking up more emergency coronavirus aid legislation.
"He's in an alternative universe, unfortunately," Schumer said of McConnell on Thursday. "When you look at the TV stations and the news and you see miles of people lined up in cars to go to food pantries and the news media interviews them and they say, I've never had to do this before, but I need to feed my family."
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Posted by Erin Burnett to Trang Ánh Nam at May 22, 2020 at 2:27 PM
Thursday, May 21, 2020
The View co-host Joy Behar prompting Meghan McCain to bring up Kavanaugh saga
The View co-host Joy Behar prompting Meghan McCain to bring up Kavanaugh saga |
- The View co-host Joy Behar prompting Meghan McCain to bring up Kavanaugh saga
- Mika Brzezinski responds to new tweets from the president on Wednesday, May 20.
- Meghan McCain swipes Seth Meyers for 'sucking up' to Gov. Whitmer, warns conservative women not to appear on his show
The View co-host Joy Behar prompting Meghan McCain to bring up Kavanaugh saga Posted: 20 May 2020 11:59 PM PDT Joy Behar panned the idea that the media should "believe all women" who allege sexual misconduct and denied applying a different standard to Supreme Court Associate Justice Brett Kavanaugh. "To me,... Thank you for spending some time at my site : "www.tranganhnam.xyzand in my blog : http://hocdethi.blogspot.com/. I hope you come to visit again soon! |
Mika Brzezinski responds to new tweets from the president on Wednesday, May 20. Posted: 20 May 2020 11:34 PM PDT President Trump apparently struck a nerve Wednesday with a Twitter message that referred to MSNBC "Morning Joe" host Joe Scarborough. Scarborough's co-host and wife Mika Brzezinski fired back, both... Thank you for spending some time at my site : "www.tranganhnam.xyzand in my blog : http://hocdethi.blogspot.com/. I hope you come to visit again soon! |
Posted: 20 May 2020 11:20 PM PDT "The View" co-host Meghan McCain knocked "Late Night" host Seth Meyers over a friendly interview he had with Democratic Michigan Gov. Gretchen Whitmer. During the virtual sit-down on Monday, Meyers... Thank you for spending some time at my site : "www.tranganhnam.xyzand in my blog : http://hocdethi.blogspot.com/. I hope you come to visit again soon! |
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Wednesday, May 6, 2020
[ANT] New comment on Meghan McCain react to Pres. Trump specifying that....
Erin Burnett has left a new comment on your post "Meghan McCain react to Pres. Trump specifying that...":
Rate hikes could set off a crisis
But that equation would change, of course, if rates rose sharply. Given the sheer magnitude of the debt, even a tiny increase in interest is costly. Interest payments were the fastest-growing expense for the federal government even before the crisis.
One risk is that a surprisingly strong rebound in the US economy forces the Fed to rapidly reverse course.
"If the economy comes back too hot, then you could have inflation, higher interest rates -- and that could lead to a fiscal crisis," said JPMorgan's Kelly.
That's exactly why some believe the Fed will be forced to keep rates at rock-bottom levels. "It will be that much harder this time to wean the economy off ultra-low rates because the debt is that much greater," said Invesco's Hooper.
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Posted by Erin Burnett to ANT at May 6, 2020 at 7:41 PM
Rate hikes could set off a crisis
But that equation would change, of course, if rates rose sharply. Given the sheer magnitude of the debt, even a tiny increase in interest is costly. Interest payments were the fastest-growing expense for the federal government even before the crisis.
One risk is that a surprisingly strong rebound in the US economy forces the Fed to rapidly reverse course.
"If the economy comes back too hot, then you could have inflation, higher interest rates -- and that could lead to a fiscal crisis," said JPMorgan's Kelly.
That's exactly why some believe the Fed will be forced to keep rates at rock-bottom levels. "It will be that much harder this time to wean the economy off ultra-low rates because the debt is that much greater," said Invesco's Hooper.
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Posted by Erin Burnett to ANT at May 6, 2020 at 7:41 PM
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