Magazine June 1, 2021, Issue

The Week

(Roman Genn)

• The Biden administration has vowed to track down the hackers who sabotaged the Colonial pipeline, to see what they can do about Keystone.

• The Bureau of Labor Statistics reported that the economy added just 266,000 jobs in April. The number was so far below consensus expectations of over a million that when the news crossed the wire, CNBC’s Steve Liesman had to double-check on air to make sure there wasn’t a mistake. A big reason for the significant miss: The federal government is still paying out weekly $300 bonuses to unemployed individuals on top of their standard unemployment benefits

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Liz Cheney got ousted from her House leadership position by a voice vote, a sign of the lopsided sentiment against her within her own conference.

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