March 1, 2020 – Most-Viewed Bills | Congress.gov

March 1, 2020

1. H.R.2339 [116th] Reversing the Youth Tobacco Epidemic Act of 2019
2. H.R.35 [116th] Emmett Till Antilynching Act
3. S.311 [116th] Born-Alive Abortion Survivors Protection Act
4. H.R.5383 [116th] New Way Forward Act
5. H.R.5428 [115th] Stand with UK against Russia Violations Act
6. S.1129 [116th] Medicare for All Act of 2019
7. H.R.1865 [116th] Further Consolidated Appropriations Act, 2020
8. S.386 [116th] Fairness for High-Skilled Immigrants Act of 2019
9. S.3275 [116th] Pain-Capable Unborn Child Protection Act
10. S.1790 [116th] National Defense Authorization Act for Fiscal Year 2020

Source: Most-Viewed Bills – Congress.gov Resources – Congress.gov Resources

The Official Numbers on the Coronavirus Are Wrong, and Everyone Knows It | Defense One


We know, irrefutably, one thing about the coronavirus in the United States: The number of cases reported in every chart and table is far too low.

The data are untrustworthy because the processes we used to get them were flawed.

The Centers for Disease Control and Prevention’s testing procedures missed the bulk of the cases. They focused exclusively on travelers, rather than testing more broadly, because that seemed like the best way to catch cases entering the country.

Source: The Official Numbers on the Coronavirus Are Wrong, and Everyone Knows It – Defense One

Warren team turns grim after Super Tuesday wipeout | POLITICO


Elizabeth Warren had a plan for winning. It didn’t work: In 18 nomination contests, she hasn’t finished above third place — including in her home state.

Now, she’s facing political and financial pressures to get out.

Source: Warren team turns grim after Super Tuesday wipeout – POLITICO

How Biden Won Super Tuesday | The Atlantic


The truth is, Biden had been smiling for days.

Across the country, voters responded. If Democrats had tasted the revolution Sanders was offering in Iowa, New Hampshire, and Nevada, in states throughout the South they quickly turned away, and back toward the more familiar center-left politics Biden represents.

Buoyed by black voters, the former vice president won early and convincing victories in Virginia, North Carolina, and Alabama. He racked up dozens of delegates in beating Sanders so handily. And even in Vermont, Sanders’s home state, Biden appeared likely to cross the 15 percent threshold needed to pick up some delegates.

He went on to win Minnesota, likely thanks to Klobuchar’s endorsement, and Massachusetts, where he beat not only Sanders but a favorite daughter, Senator Elizabeth Warren.

Source: How Biden Won Super Tuesday – The Atlantic

Trump’s Playbook Is Terribly Ill-Suited to a Pandemic | The Atlantic


The Trump crisis playbook to date has involved bullying both political allies, to keep them in line, and potential opponents, to prevent them from talking. It has involved lying. It has involved the deflection of attention onto other matters. It has involved attacking the attackers, spinning conspiracy theories about and spawning investigations of the investigators.

It has involved bombastic dismissals of serious issues as the latest “hoax” or “witch hunt” or instance of “presidential harassment.” And it has involved endlessly reminding people that the economy is humming along and their 401(k) plans are doing well.

But a virus, unlike a Republican member of Congress, cannot be bullied. It doesn’t care about the president’s poll numbers. Nor does it pay any mind to whether the president describes his own handling of its presence as perfect.

Source: Trump’s Playbook Is Terribly Ill-Suited to a Pandemic – The Atlantic

No matter which way you look at it, tech jobs are still concentrating in just a few cities


In December, Brookings Metro and Robert Atkinson of the Information Technology & Innovation Foundation released a report noting that 90% of the nation’s innovation sector employment growth in the last 15 years was generated in just five major coastal cities: Seattle, Boston, San Francisco, San Diego, and San Jose, Calif.

This finding sparked appropriate consternation, but also some disbelief.

The upshot is sobering: “Winner-take-most” seems more the rule than the hoped-for “rise of the rest.” And that’s a problem we will need to confront more directly than we have until now.

Source: No matter which way you look at it, tech jobs are still concentrating in just a few cities

Biden’s Super Tuesday surge reboots Democratic presidential race | Reuters


Biden surged to victory in at least eight of the 14 states where Democrats held primaries, or nominating contests, on so-called Super Tuesday, outperforming expectations.

He not only won the states in the American South that he was expected to win, but also Massachusetts, Minnesota and Texas, where he had not been predicted to do as well.

Source: Biden’s Super Tuesday surge reboots Democratic presidential race – Reuters

Bond yields near record lows after Fed rate cut | Reuters


The surprise 50-basis-point cut, the Fed’s first off-schedule move since 2008, came with comments highlighting both the scale of the challenge and the limits of monetary policy.

In response, the benchmark 10-year U.S. Treasuries yield US10YT=RR, which falls when prices rise, held below 1% – not far over the overnight low of 0.9060%.

Source: Bond yields near record lows after Fed rate cut – Reuters

How an ill-timed bet on a U.S. oil refinery cost ICBCS millions | Reuters


A team of ICBC Standard bankers celebrated in London last June after closing its first major U.S. refinery deal and gaining a foothold in the biggest energy market in the world.

Just days later, the deal with refiner Philadelphia Energy Solutions went up in flames.

A critical unit at the Philadelphia refinery exploded, trapping roughly 3 million barrels of ICBCS-owned oil, worth hundreds of millions of dollars, at the plant. The refinery swiftly declared bankruptcy and shut permanently.

London-based ICBCS sold most of the oil at a sharp discount, and the losses pushed it into the red for 2019, according to a source familiar with the bank’s finances.

Source: How an ill-timed bet on a U.S. oil refinery cost ICBCS millions – Reuters

Netanyahu election lead shrinks, raising prospect of another Israel vote | Reuters


Israel appeared headed into another political stalemate on Wednesday after nearly-complete results indicated Prime Minister Benjamin Netanyahu had failed to secure a clear majority for a right-wing bloc in parliament, despite his claim of victory.

With 99% of votes counted, Netanyahu’s conservative Likud party was seen taking 35 of parliament’s 120 seats, down from 36 initially projected after Monday’s election. His centrist challenger, Benny Gantz, was seen holding steady at 32 seats for his Blue and White party.

Source: Netanyahu election lead shrinks, raising prospect of another Israel vote – Reuters