Biden’s economic rescue plan, US banks report earnings, and the election for Merkel’s successor

Summary: Joe Biden plans to ask Congress for a $1.9tn economic rescue package, Federal Reserve chairman Jay Powell assures markets that asset purchases will continue, four big US banks report quarterly earnings, and far-right groups find alternative internet platforms to rally for further unrest. Plus, the FT’s Guy Chazan on who is vying to replace Angela Merkel as leader of Germany’s ruling party.  Biden to push $1.9tn stimulus for pandemic-battered US economy https://www.ft.com/content/05e07e0d-1f2a-45da-bafb-367f4100c26a Powell moves to stamp out market fear of exit from loose policy https://www.ft.com/content/21d89f6d-be8f-48dc-9085-1e9baabcbdbe Top US banks set for $10bn round of buybacks https://www.ft.com/content/c2b155a3-8901-4011-be32-fde3f4bad740 Far-right turns to alternative platforms to stoke further unrest https://www.ft.com/content/f5c4679b-20c5-4b68-bb6d-958f17385183? After Merkel: the battle for the soul of the Christian Democratic Union https://www.ft.com/content/ce034f34-cbc6-4ea9-8c16-41fc939fc0fe  <br><hr><p style="color: grey;">See <a style="color: grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for privacy and opt-out information.</p>