David Sherfinski
Articles by David Sherfinski
Economy shows signs of inching back from coronavirus lockdowns
Stocks surged Tuesday on better-than-expected retail sales numbers and hopes for more stimulus as the Federal Reserve pledged to continue supporting a U.S. economy showing signs of inching back from the coronavirus-related lockdowns. Published June 16, 2020
Jerome Powell: ‘Reasonable probability’ that Congress, Fed will need to do more for recovery
Federal Reserve Chairman Jerome Powell on Tuesday said it's a reasonable proposition that Congress will have to pass more rescue legislation to support a U.S. economy trying to bounce back from the coronavirus-related lockdowns. Published June 16, 2020
Jerome Powell warns of ‘unsustainable’ path for federal budget
Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. is going to face a long-term reckoning on an ever-increasing national debt, even as an infusion of federal spending is giving the economy a short-term boost during the coronavirus pandemic. Published June 16, 2020
Jerome Powell: ‘Significant uncertainty’ about timing and strength of economic recovery
Federal Reserve Chairman Jerome Powell said Tuesday there are some positive indicators pointing to a stabilization or modest economic rebound amid the coronavirus pandemic but that "significant uncertainty" remains about prospects for longer-term recovery. Published June 16, 2020
Mick Mulvaney floats civil service overhaul for next stimulus package
Former acting White House Chief of Staff Mick Mulvaney on Tuesday said the next coronavirus rescue package should include mechanisms to start dialing back the scope of the federal government after Congress has authorized close to $3 trillion in spending in recent months. Published June 16, 2020
Joe Biden fundraiser featuring Elizabeth Warren brings in $6 million
Presumptive Democratic presidential nominee Joseph R. Biden brought in $6 million at a fundraising event on Monday that featured former 2020 rival Sen. Elizabeth Warren of Massachusetts as Mr. Biden looks to make up ground in the money game. Published June 16, 2020
Ben Carson: Donald Trump will ‘get there’ on athletes kneeling for anthem
Ben Carson, secretary of the U.S. Department of Housing and Urban Development, suggested Monday that President Trump might soften his hard-line stance against athletes and others kneeling during the National Anthem before games as a form of social protest. Published June 15, 2020
Larry Kudlow: We do not believe this is a second coronavirus wave
White House economic adviser Larry Kudlow on Monday said officials do not believe a mini-resurgence of the coronavirus in some southern and western states constitutes a "second wave" of COVID-19. Published June 15, 2020
Ben Carson: ‘Of course’ America is not systemically racist
Ben Carson, secretary of the U.S. Department of Housing and Urban Development, said Monday that "of course" the U.S. is not systemically racist. Published June 15, 2020
White House: Executive order to be ‘good glue’ to unite communities and police
Ja'Ron Smith, deputy assistant to President Trump, said Monday that Mr. Trump's forthcoming executive order on policing will be "good glue" to try to bring law enforcement closer to the communities they serve amid national calls for change. Published June 15, 2020
Trump campaign, RNC post best online fundraising day ever on Sunday
The Trump campaign and the Republican National Committee combined to post their best-ever online fundraising day on Sunday with a $14 million haul. Published June 15, 2020
Tomika Miller, wife of Rayshard Brooks, calls for jailing of officers involved in Brooks’ death
Tomika Miller, the wife of Rayshard Brooks, said the Atlanta police officers involved in her husband's killing deserve to be jailed. Published June 15, 2020
Scott Gottlieb and AEI scholar agree: Officials have to stop politicizing mask-wearing
Dr. Scott Gottlieb, a former head of the U.S. Food and Drug Administration under President Trump, said in a new opinion piece that officials from Mr. Trump on down need to stop politicizing coronavirus mitigation efforts like mask-wearing as cases start to increase again in pockets of the U.S. Published June 15, 2020
Coronavirus summer spike feared as experts warn of ‘reverse’ seasonal effect
Summertime cookouts, beach parties and massive protests against racial injustice are happening outside, giving the coronavirus a chance to drift off with the breeze and tempering fears of a second wave of infections. But as the mercury climbs, experts also warn of a "reverse" seasonal effect. Published June 11, 2020
Larry Kudlow: Fed’s Jerome Powell ‘could lighten up a little’
White House economic adviser Larry Kudlow on Thursday suggested that Federal Reserve Chairman Jerome Powell could stand to "lighten up a little" after Mr. Powell warned this week that the nascent economic recovery from the coronavirus-related shutdowns could end up being long and slow. Published June 11, 2020
White House on Seattle: Trump ‘will secure the streets,’ stop Antifa
The White House on Thursday said President Trump will secure the streets in the country and that the U.S. military is an "absolute last resort backstop" after Mr. Trump threatened to intervene in Seattle amid new unrest on the West Coast. Published June 11, 2020
Steven Mnuchin: We can’t shut down the economy again
Treasury Secretary Steven T. Mnuchin said on Thursday the U.S. cannot shutter the economy again amid small pockets of a coronavirus resurgence in some states. Published June 11, 2020
Joe Biden: Trump is going to try to ‘steal’ the election
Likely Democratic presidential nominee Joseph R. Biden on Wednesday predicted that President Trump will try to "steal" the fall election and said he's thought about what would happen if Mr. Trump refuses to cede power if he loses. Published June 11, 2020
Ron Johnson: We don’t need to authorize more coronavirus-related spending right now
Sen. Ron Johnson, Wisconsin Republican, on Thursday said he would absolutely vote against authorizing more coronavirus-related economic rescue spending right now. Published June 11, 2020
Dr. Ashish Jha, Harvard health expert, says the U.S. will hit 200,000 coronavirus deaths in Sept.
Dr. Ashish Jha, the director of the Harvard Global Health Institute, on Thursday said the U.S. will likely see 200,000 coronavirus-related deaths in the next three months or so and that recent protests on police brutality are going to fuel more cases. Published June 11, 2020
