The White House response to a temporary stay of a rule on vaccine mandates, openings on a key Federal Reserve council, and a potential step toward a gubernatorial re-election campaign in Connecticut are among the top business news items this morning.
The White House has filed a response to a United States Court of Appeals that temporarily blocked an OSHA emergency temporary standard establishing a COVID-19 vaccine mandate for workplaces with 100 or more employees. The White House argues that it has the legal standing to issue such a rule and that it is a necessary workplace protective measure.
President Joe Biden will have three openings to fill on the Federal Reserve’s Board of Governors after Randal Quarles announced that he will resign at the end of the year. Biden is also pondering whether to nominate Fed Chairman Jerome Powell for another term.
Governor Ned Lamont has filed the paperwork to run for re-election in 2022, though he has not yet formally declared that he intends to seek the office again. Speaking at an event, Lamont said he will make the decision in the “months to come” and that the filing ensures that he will be prepared if he decides to make another bid.