He also notes that though tax hike threats are on the rise, differences among Democrats could make President Joe Biden's proposed increases hard to enact. "But we haven't seen that acceleration yet so that's what we're waiting for." "We're in a little bit of a lull here. Key BackgroundTestifying before a House committee on Tuesday, Federal Reserve Chair Jerome Powell told lawmakers that the worst of the economic crisis was avoided thanks to swift and vigorous action from Congress and the Federal Reserve, praising both the aggressive stimulus spending and accommodative monetary policy that helped lift the market to new highs during the pandemic. But the yield reversed and was lower in late New York trading as traders prepared for quarter-end.
Powell also notes that though tax hike threats are on the rise, differences among Democrats. The biggest boost is credited to the Arizona Motor Speedway.
( z0 multi-sentence :snt ( z1 note :ARG0 ( z2 person :name ( z3 name :op "Powell" ) ) :ARG1 ( z4 differ :ARG0 ( z5 political-party :name ( z6 name :op "Democrat" ) ) ) :concession ( z7 rise :ARG1 ( z8 threaten :ARG1 ( z9 hike :ARG1 ( z10 tax ) ) ) ) :mod ( z11 also ) ) :snt ( z12 credit :ARG1 ( z13 boost :ARG1-of ( z14 have-degree :ARG2 ( z15 big ) :ARG3 ( z16 most ) ) ) :ARG2 ( z17 track :name ( z18 name :op "Arizona" :op "Motor" :op "Speedway" ) ) ) )
(z0 / multi-sentence
    :snt1 (z1 / note-01
              :ARG0 (z2 / person
                        :name (z3 / name
                                  :op1 "Powell"))
              :ARG1 (z4 / differ-01
                        :ARG0 (z5 / political-party
                                  :name (z6 / name
                                            :op1 "Democrat")))
              :concession (z7 / rise-01
                              :ARG1 (z8 / threaten-01
                                        :ARG1 (z9 / hike-02
                                                  :ARG1 (z10 / tax-01))))
              :mod (z11 / also))
    :snt2 (z12 / credit-01
               :ARG1 (z13 / boost-01
                          :ARG1-of (z14 / have-degree-91
                                        :ARG2 (z15 / big)
                                        :ARG3 (z16 / most)))
               :ARG2 (z17 / track-01
                          :name (z18 / name
                                     :op1 "Arizona"
                                     :op2 "Motor"
                                     :op3 "Speedway"))))
Powell also notes that though tax hike threats are on the rise , differences among Democrats . The biggest boost is credited to the Arizona Motor Speedway .
z2 :name z3
z3 :op1 3
z1 :mod z11
z1 :ARG0 z2
z9 :ARG1 z10
z8 :ARG1 z9
z7 :ARG1 z8
z1 :concession z7
z1 :ARG1 z4
z4 :ARG0 z5
z5 :name z6
z6 :op1 1
z0 :snt1 z1
z14 :ARG2 z15
z14 :ARG3 z16
z13 :ARG1-of z14
z12 :ARG1 z13
z0 :snt2 z12
z18 :op1 0
z18 :op2 2
z12 :ARG2 z17
z17 :name z18
z18 :op3 4