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" ... But even if the lame duck Congress fails to pass Covid relief, or does so without protections for banks doing business with the cannabis industry, the SAFE Banking Act has the best chance of any proposals of becoming law in the next Congress. Should the lame duck Congress fail to pass a Covid stimulus package, doing so would likely be the top priority for the new unified Democratic government early next year. Given that House leadership has already included SAFE Banking in prior iterations of a stimulus bill, and that Senate leadership has expressed strong support for the proposal, chances are good that the banking industry will be free to do business with cannabis companies sometime in early 2021. ... "
" ... Darnold’s salary-cap figure for 2021 is nearly $9.8 million per overthecap.com, although New York would get slightly over $5 million in cap relief by trading Darnold to make way for a new QB in the draft. If the Jets retained Darnold, they would have to either pick up his fifth-year option in May, or have him play as a lame duck, so to speak, in 2021 on the last year of his deal as a “prove-it.” ... "
" ... He said there’s a good chance that Congress will pass the LEADING Act, despite the highly charged partisan atmosphere in Washington. “In fact with the election there’s a better chance of passage,” Powell said. There is even a chance that the legislation will be passed in the lame duck session of Congress, in which case President Trump is likely to sign it as one of his last official acts as president. ... "
" ... Some fans think they already have. They remember d’Arnaud started the season with the Mets, earned his release after hitting .087 in 10 games, had a single at-bat with the Los Angeles Dodgers, and finally went to Tampa Bay after two other Rays receivers came up lame. That was a huge break for both player and team. ... "
" ... The lack of a stimulus package in the “lame duck” session of Congress has caused the Treasury yield curve to move a few basis points lower since the election. But, even as the economy weakens, near-term, don’t expect a test of that 52bps 10-year T-Note low. Upward pressure on the Treasury yield curve has now appeared, especially given the likely deficits in a Biden Administration and the adoption of MMT as a convenient excuse. At the same time, the protection of a large swath of corporate America by the Fed and the expected continuation of that policy under the incoming Administration will keep corporate spreads to Treasuries at record lows. The continuation of the unique phenomenon of higher volatility in Treasury yields than in the corporate world is likely. ... "