Federal Reserve Admits There Is A Coin Shortage

The Federal Reserve announced on June 11th that COVID-19 had caused a disruption in the normal flow and distribution of circulation of US coinage. The following week, Jerome Powell, the head of the Federal Reserve, spoke before the US House Committee of Financial Services. He informed the members that the partial shutdown had created a stoppage of the flow of coins in our economy. Consequently, some retailers are asking customers to use exact change. Mr. Powell also shared that he believes the condition will be only temporary because the economy is opening back up.

Michigan bill allows companies to implant microchips in volunteer employees

On 24 June, the Michigan House of Representatives passed a controversial bipartisan bill allowing companies to implant a microchip in employees who agree to it, Zero Hedge reports. The stated aim of the bill is to improve business efficiency while protecting employee privacy. Under the bill, only those in agreement can be given a chip and employers cannot make it mandatory. The bill now passes to the state Senate for consideration.

Unemployment Falls as US Adds 4.8M New Jobs

The U.S. economy added 4.8 million jobs in June as it struggles to recover from the business closures forced by the coronavirus pandemic, the government reported Thursday, even as it said another 1.4 million laid-off workers filed for unemployment benefits last week.

Background Checks, a Metric for Gun Sales, Hit All-Time High

Historic numbers of background checks to purchase or possess a firearm were done in June, a trend in a year marked by uncertainty over the coronavirus pandemic, a subsequent economic recession, protests over racial injustice and calls to reduce police funding.

Justice department has charged 150 people with committing crime during protests

The Acting US Attorney for Washington DC said Thursday that the Justice Department has charged 150 people with committing criminal acts during protests that followed the police killing of George Floyd, the Washington Examiner reports. Prosecutor Michael Sherwin made the announcement during an interview with Fox News on Thursday.

Numerous protests planned for Washington DC on Independence Day

Activists are planning major protests and demonstrations in Washington DC over Independence Day weekend, the Washington Examiner reports. Summing up the reason for the protests, one activist told the Examiner: “What is Independence Day to black folks? What was Independence Day to honestly anyone but the white economic elite on [July 4, 1776]? Poor folks and women couldn’t even vote. It’s a hoax.”

Democrat-controlled House approves large infrastructure bill

The Democrat-controlled House approved a $1.5 trillion infrastructure plan Wednesday that would not only rebuild failing roads, railways, ports and transit systems but also fund schools, health care, public utilities, and housing, PBS reported.

Assault weapons parts smuggled from China to US

US Customs and Border Protection (CBP) officers intercepted a shipment of 10,800 assault weapon parts that was smuggled from China and destined for Florida last month, GreatgameIndia.com reported. The shipment was seized by border officials in Louisville, Kentucky on May 22.

House passes bill rebuking China over Hong Kong security law

The House on Wednesday joined the Senate in approving a bill to rebuke China over its crackdown in Hong Kong by imposing sanctions on groups that undermine the city’s autonomy or restrict freedoms promised to its residents.

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