9 Aug 2021
US Senate takes another step toward passing $1 trillion infrastructure bill
While providing an update over the US infrastructure spending discussions in the US Senate, Reuters recently said, “Senate takes another step toward passing $1.0 trillion infrastructure bill.”
The news adds that the Senate, “Embraces bipartisan deal.”
Chatters that the policymakers vote to waive budget act about the bill were also in the focus.
Earlier in the day, a US Senator Bernie Sanders said that the budget resolution will be introduced “probably very very very soon, maybe tomorrow.”
Also read: US Senate trudges toward passing $1 trillion infrastructure bill
FX implications
The news favors the US dollar to remain firm around the two-week top by the press time, up 0.12% intraday near 92.90.