Another Round of $1,200 Direct Payments?

July 28 - July 31, 2020
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Record Economic Contraction: The U.S. economy contracted 9.5% in the second quarter of 2020 (April-June), the steepest contraction since data collection began over 70 years ago. The number of unemployment claims was 1.43 million last week, another increase from a week prior.

Bill Barr Testifies: On Tuesday, Attorney General William Barr attended a 5-hour testimony on Capitol Hill to face questions regarding the Trump administration’s response to race protests across the country and his role in the criminal cases of General Michael Flynn and Roger Stone.

In his opening remarks, Barr condemned the killing of George Floyd as “horrible,” and said there is an understandable distrust among many black Americans toward law enforcement given the U.S.’ history. He also added that tremendous p…