In his semiannual testimony before Congress, the Fed chair will hear from Democrats who want interest rate cuts to keep the economy humming and Republicans who want him to scrap capital requirement increases for big banks.
Middle-class tax cuts and increased social spending would be made possible by rolling back the Trump-era tax cuts for corporations and wealthy households.
Mitch McConnell says Social Security, Medicare, and Medicaid are the clear drivers of federal debt and that only a divided government can fix the programs.