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What does Biden’s stimulus plan mean for the US Dollar?
On Thursday evening, President-elect Joe Biden unveiled a $1.9 trillion stimulus package to help Americans due to the economic impact of the coronavirus. The package includes an additional $1400 in direct payment per person, which would result in the $2,000 amount President Trump was asking. Biden will have an easier path to pass his stimulus bill than President Trump, as Democrats will control both the House and the Senate come January 20th. In addition, according to the New York Times, Biden’s stimulus plan will also include: $440 billion to help local officials fight the virus $160 billion in a national vaccine ... (full story)
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