Ahead of signing the Infrastructure Investment and Jobs Act, President Joe Biden has named former Mayor of New Orleans Mitch Landrieu as senior advisor responsible for coordinating the implementation of the historic bipartisan infrastructure law.
The law envisages millions of good-paying, union jobs for working people, improvements in U.S. ports and transportation systems that strengthen supply chains, high-speed internet for every American, clean water for all children and families, the biggest investments in roads and bridges in generations, significant investment in mass transit, and unprecedented investments in clean energy infrastructure.
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Political News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.