Congress on recess with busy month of March ahead, Ukraine dominates news

  • Ukraine will dominate news cycles in coming days.  Congress not in DC but ready to approve sanctions.
  • Main sanction, blocking order on Russian USD assets, can be done by President with Executive Order.
  • Congress extends current budget talks until March 11 with hope of new spending plan.
  • Senate Banking Committee members talk of plan to confirm Powell and other Board nominees.
  • ·March opens with Powell testimony on monetary policy, rate talk, and FOMC meeting.
The world is focused on Putin’s Mad...

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