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Merrick Garland vows to lead Capitol attack prosecutions if confirmed as attorney general

Feb. 21, 2021 04:05AM EST
Dan Ackermann

Merrick Garland, President Biden's nominee for attorney general, will pledge during his confirmation hearing next week to take the lead in prosecuting those charged over the U.S. Capitol siege.

Driving the news: In his opening statement released Saturday night, Garland plans to tell the Senate Judiciary Committee that if confirmed, he'll fight discrimination and domestic terrorism while operating independently of Biden.

Opening statement highlights: "The President nominates the Attorney General to be the lawyer — not for any individual, but for the people of the United States," Garland will say.

  • On the Capitol siege, Garland will say that he plans to "supervise the prosecution of white supremacists and others who stormed the Capitol on January 6 — a heinous attack that sought to disrupt a cornerstone of our democracy: the peaceful transfer of power to a newly elected government."

Read Garland's full opening statement, via DocumentCloud:

Editor's note: This a breaking news story. Please check back for updates.

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Federal Reserve pledges to continue buying bonds until economy makes "substantial" progress

The Federal Reserve kept rates unchanged at 0%–0.25% at its latest policy meeting, but changed its statement to include a promise to continue to buy at least $120 billion of bonds each month "until substantial further progress has been made toward the Committee’s maximum employment and price stability goals."

Why it matters: Fed chair Jerome Powell consistently stressed during his press conference that the Fed was nowhere close to reducing its massive bond-buying program, even though its evaluation of the economy had improved and would continue to provide monetary policy support.

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Congress pushes for manufacturing czar at Biden White House

Senators in both parties plan to push the White House to create a "chief manufacturing officer" who would report directly to President Biden, mirroring representation now enjoyed by science and technology.

  • The idea has endorsements from a whole host of trade groups, representing both industry and labor.

Why it matters: Every modern White House talks about its desire to elevate manufacturing, particularly as America's economy has become more services-oriented.

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