#RussianSanctions
1st tranche of sanctions by #Biden & NATO allies are real but harsher ones certainly available:
1. Germany will not move forward w #NordStream2
2. Freeze assets & prohibit business w 2 key banks: Vnesheconombank (VEB) & military bank Promsvyazbank
(cont) 3. Sovereign debt prohibitions restricting access to U.S. capital markets and investors.
4. Sanctions on 5 Russian elites and their family members with the Kremlin (Putin's friends)

Yesterday's #PresidentBiden press conference had very few questions on economy, so here is a synopsis on the #BuildBackBetter plan with a focus on #Infrastructure and possible #TaxReform as a way to pay for it The Biden "Build Back Better” plan focuses on four main national challenges:
1. Infrastructure and Clean Energy
•Biden will make a $1.7 trillion accelerated investment, with a plan to deploy those resources over the first four years.

Governor Abbott - be honest !
“Don’t Blame The Wind For Texas Power Woes” and another!
"No, frozen wind turbines aren’t the main culprit for Texas’ power outages" texastribune.org/2021/02/16/tex… via
@TexasTribune

@rossramsey

@erinmdouglas23

Hi @SRuhle thanks for the shout out

Here is a framework for stimulus package that I have been discussing w @RoKhanna & @TimRyan

1. Right now protect small business & cover loss wages via cash, grants, loans –needs to be well north of $1 trillion 2. Post 3 months :
Rid sales tax & lower payroll tax to stimulate demand

3. 6+mo: Treasury should issue coronavirus recovery bond where proceeds go to help those individuals & small business impacted.
Act 2009 - Build America Bonds.