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 will hold the majority of the fund.
( z0 hold :ARG0 ( z1 person :name ( z2 name :op "Powell" ) ) :ARG1 ( z3 majority :quant-of ( z4 fund ) ) )
(z0 / hold-01
    :ARG0 (z1 / person
              :name (z2 / name
                        :op1 "Powell"))
    :ARG1 (z3 / majority
              :quant-of (z4 / fund)))
Powell will hold the majority of the fund .
z1 :name z2
z2 :op1 0
z0 :ARG0 z1
z0 :ARG1 z3
z3 :quant-of z4