Biden’s $1.9T COVID relief bill includes unexpected items: Money for libraries, museums and farmers

Lebenthal Global Advisors President Dominick Tavella and Walser Wealth Management President Rebecca Walser discuss how stimulus checks will impact the economy and markets.

President Biden on Thursday signed into law a massive coronavirus relief package that’s intended to shore up the U.S. economy’s recovery from the pandemic with billions in aid for American families and businesses.

The $1.9 trillion measure provides a third stimulus check for millions of Americans, extended unemployment benefits through Sept. 6, and a generous one-year expansion of the child tax credit. It also includes hundreds of billions of dollars in aid for state and local governments, vaccine distribution efforts…

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