Senate Passes Budget In Big Win That Sets Stage For Next Big Failure

Ok, well yields and the dollar are on the move late Thursday evening, reversing course after falling just before the closing bell on Wall Street following news that Jerome Powell is now the favorite for the Fed Chair. The Senate has approved a FY18 budget, a step towards advancing the GOP's tax agenda. Long story short, they're going to be able to sidestep a filibuster via a procedural maneuver that obviates the need for Democratic support. This whole thing has been laughably fraught but ult

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