Federal Reserve Chairman Jerome Powell says he expects economic growth in the second half of this year to be “very strong.”

In an interview with “60 Minutes” that aired on Sunday, CBS’s Scott Pelley told Powell his projections for growth and employment sounded more like a “boom” than a “recovery.”

“I would say that this growth that we’re expecting in the second half of this year is going to be very strong,” Powell said.

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Powell said the economy “seems to be at an inflection point,” pointing to the extensive vaccination efforts throughout the country, and strong fiscal and monetary policy support.

“We feel like we’re at a place where the economy’s about to start growing much more quickly and job creation coming in much more quickly,” Powell told Pelley.

Powell added that the “principal risk” to the economy now is the coronavirus spreading again, which led him to urge people to continue wearing masks and practicing social distancing.

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When pressed by Pelley on if the economy is “out of the woods,” Powell was hesitant to agree with his interpretation, but did say the outlook has “brightened substantially.”

“Well, I’d say that we and a lot of private sector forecasters see strong growth and strong job creation starting right now. So really, the outlook has brightened substantially,” Powell said.

Powell said forecasters on the Federal Open Market Committee are predicting growth in the range of 6 percent and 7 percent this year.

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He also noted that the committee is forecasting unemployment to move down “substantially” from the current 6 percent level to “maybe” between 4 percent and 5 percent.

The economy has tracked a strong recovery since the height of the pandemic. The Labor Department reported earlier this month that the U.S. added 916,000 jobs in March, and that the unemployment rate fell to 6 percent.

The department’s report shattered economist projections, which predicted that the U.S. would gain 675,000 jobs in March.

Secretary of State Antony BlinkenAntony BlinkenBlinken to return to Brussels to discuss Russia, Ukraine tensions Blinken warns it would be a ‘serious mistake’ for Taiwan’s status to be changed ‘by force’ Blinken: China ‘didn’t do what it needed to do’ in early stages of pandemic MORE spoke on the phone with NATO Secretary General Jens Stoltenberg, the State Department announced Monday, with the two discussing multiple topics including increased Russian aggression.

Blinken, who is traveling to NATO headquarters this week, and Stoltenberg talked about the need for a de-escalation of tensions along the Russia-Ukraine border, where thousands of Russian troops have gathered amid unrest in the Ukrainian-controlled Donbass province.

“Secretary Blinken and Secretary General Stoltenberg discussed a range of issues, including the immediate need for Russia to cease its aggressive military buildup along Ukraine’s borders and in occupied Crimea. They also discussed the prospects for advancing peace in Afghanistan as well as plans for the upcoming NATO Summit,” read a readout from the State Department.

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The call came the same day as the State Department announced Blinken’s plans to meet with NATO officials in Brussels from Tuesday through Thursday, a trip that was first reported Sunday by Reuters.

“The Secretary will take this opportunity to reaffirm the U.S. commitment to the Transatlantic alliance as a critical partnership for achieving our mutual goals. Separately, Secretary Blinken will hold bilateral and multilateral meetings with European counterparts to discuss key priorities and shared challenges,” read a State Department statement of Blinken’s plans for discussions at NATO headquarters.

His arrival this week also comes as the Biden administration has yet to announce whether the U.S. will honor a May 1 deadline for the withdrawal of combat troops from Afghanistan. 

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The Group of 20 (G20) countries anticipate reaching an agreement on international tax issues, including a global minimum corporate tax rate, by July, Italian Finance Minister Daniele Franco said Wednesday. 

“What we see this year is an acceleration in the process,” Franco said at a press conference following a virtual meeting of G20 finance ministers and central bank governors. “The G20 is expecting to reach an agreement by July.”

Multilateral discussions about international tax issues have been underway for several years, with the G20 setting a goal for an agreement by the middle of this year. The discussions have received heightened attention in recent weeks because Treasury Secretary Janet YellenJanet Louise YellenOn The Money: Biden says compromise ‘inevitable’ on infrastructure plan | Chance for bipartisan breakthrough? | Democrats mull tax hikes G-20 hoping to agree on minimum corporate tax rate in July Biden seeks .5T in corporate tax hikes to fully pay for infrastructure MORE has been pressing for a global minimum corporate tax rate as a way to end a “race to the bottom” on corporate taxation.

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Franco said that Yellen’s comments are “consistent” with the G20’s work on international taxation.

The Biden administration last week released a $2.25 trillion infrastructure plan that would be paid for through corporate tax increases.

The proposal calls for the U.S. to increase its minimum tax on corporations’ foreign earnings to 21 percent. It also proposes to encourage other countries to adopt minimum corporate taxes by disallowing deductions to foreign corporations for certain payments if the companies are based in countries without strong minimum taxes.

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Environmental advocates are hopeful that parts of the White House’s multitrillion-dollar infrastructure package’s sustainability measures can gain traction with lawmakers in Congress despite GOP claims that they fall outside the definition of infrastructure.

Advocates have long called expansion of rail infrastructure a major opportunity to reduce the environmental impact of transportation and improve its sustainability.

Sierra Club legislative director Melinda Pierce told The Hill the organization is particularly pleased with the legislation’s provisions on rail transportation.

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The $2.25 trillion plan includes $85 billion to modernize public transit, including updating and replacing rail cars, station repairs and railway expansion. Another $80 billion would address Amtrak’s repair backlog and increase the cities connected by Amtrak routes along the rail system’s northeastern corridor.

Biden is the “best salesman for building out a transportation infrastructure,” Pierce said. “Now might be that moment — now we might see bold investments in rail as an option and an option to take freight off the roads.”

“The political stars are aligned around high-speed rail in a way they weren’t” under the Obama administration, added Adam Beitman, the Sierra Club’s deputy national press secretary.

“You’ve got Biden who is Mr. Rail, you’ve got [Pete] Buttigieg at Transportation doing his thing, you’ve got [Senate Majority Leader Charles] Schumer [D-N.Y.] doing his thing being at the heart of the Acela [corridor],” Beitman added.

Another sustainability aspect of the legislation, electrical grid modernization, has been a hot topic in recent months after extreme winter weather knocked out Texas’s self-contained electrical grid. The White House plan includes $100 billion to upgrade electrical grids and would create a Grid Deployment Authority under the umbrella of the Energy Department.

Gregory Wetstone, president and CEO of the American Council on Renewable Energy, told The Hill that the energy crisis in Texas forced the federal government to attend to what he said was an outdated grid.

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“The need to accelerate the ongoing energy transition — along with recent extreme climate-related weather events in Texas and California — have refocused federal attention on updating and expanding our antiquated and balkanized grid,” Wetstone said.

“The solution is a U.S. macro grid capable of connecting across seams and delivering the abundant, affordable and reliable clean energy Americans want and deserve,” he said.

Republicans have accused the White House of using the package as a vehicle for unrelated agenda items, with the Republican National Committee (RNC) calling it “another multitrillion-dollar far-left wish list” with “only 7 percent of the bill’s spending … for what Americans traditionally think of as infrastructure.”

The RNC’s definition of the term encompassed only the package’s highway, road, waterway and airport funding, but excluded its provisions on rail and public transit.

Biden’s plan would also include a corporate tax increase from 21 percent to 28 percent to fund the plan, a 7 percent raise from the GOP 2017 tax plan.

Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellBiden to meet Monday with bipartisan lawmakers about infrastructure 100 business executives discuss how to combat new voting rules: report Arkansas governor says ‘divisive’ Trump attacks on GOP officials are ‘unhelpful’ MORE (R-Ky.) panned the administration’s proposal, specifically pointing to the tax rate increase in late March.

“This proposal appears to use ‘infrastructure’ as a Trojan horse for the largest set of tax hikes in a generation. … Democrats keep trying to use important issues as smokescreens for unrelated agendas,” he said.

However, Wetstone said there may be more appetite for specific improvements to sustainability within the electrical grid in Congress.

“We think a stable, predictable and long-term clean energy tax platform, along with significant progress on forward-looking transmission policy, has a good chance of enactment this Congress,” he said. “Additional policies like a federal clean energy standard are also very much a part of the conversation.”

Ben Beachy, director of the Sierra Club’s Living Economy program, said the package’s provisions on retrofitting buildings was also a key piece of the puzzle when it comes to achieving sustainability. The plan calls for retrofitting 2 million residential and commercial buildings.

“Buildings are a big part of this plan, we need to simultaneously upgrade our buildings to ensure they are healthy so as to create healthy and prosperous living environments while cutting climate pollution,” Beachy told The Hill. 

Beachy added that the package’s sustainability aspects are inextricable from those that address issues like environmental justice or pollution.

“You really can’t separate out the sustainability goals from health and equity goals,” he said.

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The Biden administration is reviewing whether additional families were separated at the southern border under the Trump administration, a Department of Homeland Security (DHS) official told multiple outlets Wednesday.

The administration’s family reunification task force, established in early February, has yet to connect any families, an official acknowledged, and are instead reviewing some 5,600 files to determine if there were other families affected by former President TrumpDonald TrumpGaetz trip to Bahamas part of federal sex trafficking investigation: report Omar slams Biden admin for continuing ‘the construction of Trump’s xenophobic and racist wall’ Biden to announce executive action on ghost guns, red flag laws MORE’s “zero tolerance” policy.

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According to The Associated Press, the review could yield a small number of additional separations beyond those already known.

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“We found the list we had when we came in was not comprehensive and included large time frames that had not been reviewed,” an official said on the call. 

The Trump administration separated roughly 2,800 children from their parents under the 2018 policy, with October court documents showing more than 500 were never reunited with their parents.

The policy was ended that same year. 

Biden officials said they are focused on collecting and verifying data to assist with their efforts, including requesting information from parents. 

The Biden administration announced in March that families separated by the Trump administration would have the option to remain in the U.S.

“We are hoping to reunite the families, either here or in their country of origin. We hope to be in a position to give them the election. And if, in fact they seek to reunite here in the United States, we will explore lawful pathways for them to remain in the United States, and to address the family needs,” Homeland Security Secretary Alejandro MayorkasAlejandro MayorkasOmar slams Biden admin for continuing ‘the construction of Trump’s xenophobic and racist wall’ Biden review could reveal additional families separated under Trump ‘zero tolerance’ policy Biden relies on progressive foe to lead immigration rollbacks MORE said at a press briefing at the time. 

“We are acting as restoratively as possible.”

A man who was photographed carrying a large Confederate flag through the halls of the U.S. Capitol during the deadly events of Jan. 6 and arrested days later was indicted on Thursday on five additional criminal counts by a grand jury.

Court documents posted online by the Justice Department indicated that Kevin Seefried, seen in viral images carrying the flagpole through the building, and his son Hunter Seefried were indicted Thursday on five counts each related to entering restricted federal property and disorderly conduct. Hunter Seefried also faces three additional counts related to destruction of property, according to the news channel.

The charges follow an initial indictment against the two men in January, when they were charged with three counts including entering a restricted building, disorderly conduct on Capitol grounds and violent entry.

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The two Delaware men were reportedly identified, according to an FBI affidavit, by one of Hunter Seefried’s coworkers after the younger Seefried reportedly bragged about participation in the deadly riot, during which five people including one U.S. Capitol Police officer were killed.

An FBI agent also wrote in the affidavit that video posted on Twitter showed Hunter Seefried punching out the remains of a damaged glass window on Capitol grounds after other rioters had broken the glass.

–Updated at 9:02 p.m.

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The Air Force’s first flight test of the rocket booster for its prototype hypersonic missile failed Monday when the test weapon did not launch, the service said Tuesday.

During the test flight over the Point Mugu Sea Range off the Southern California coast, a B-52H Stratofortress was supposed to launch the AGM-183A Air-launched Rapid Response Weapon’s (ARRW) booster vehicle, but “the test missile was not able to complete its launch sequence,” the Air Force said in a news release.

The test missile was still “safely” on the aircraft when it returned to Edwards Air Force Base, the release added. That means Air Force engineers and testers will be able to study the defect and attempt to test the missile again, the release said.

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“The ARRW program has been pushing boundaries since its inception and taking calculated risks to move this important capability forward,” Brig. Gen. Heath Collins, executive officer for the Air Force’s armament directorate program, said in a statement. “While not launching was disappointing, the recent test provided invaluable information to learn from and continue ahead. This is why we test.”

Hypersonic speed is generally defined as more than five times the speed of sound. The Air Force has said the ARRW is expected to be able to fly at speeds roughly six and a half to eight times the speed of sound.

The U.S. military has been working to develop hypersonic missiles as Russia and China make progress on their own hypersonic weapons.

With greater speed and maneuverability than existing missiles, hypersonic weapons are made to more easily evade existing missile defenses. Because of that, the U.S. military argues it is imperative it wins the race for hypersonic weapons in order to deter Russia and China.

The ARRW is “designed to provide the ability to destroy high-value, time-sensitive targets. It will also expand precision-strike weapon systems’ capabilities by enabling rapid response strikes against heavily defended land targets,” Tuesday’s release said.

The program aims to have a weapon ready to deploy early this decade, according to the release.

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The White House has returned the prisoner-of-war/missing-in-action (POW/MIA) flag to its previous position atop the White House residence, after it was moved to a different location on the White House grounds during the Trump administration.

“In keeping with the president and first lady’s commitment to honor the sacrifices of all those who serve, including veterans, their families, caregivers, and survivors, the president and first lady have restored the POW-MIA flag to its original location on top of the White House residence,” White House press secretary Jen PsakiJen PsakiMcConnell, GOP slam Biden’s executive order on SCOTUS Five takeaways from Biden’s first budget proposal Overnight Defense: Biden proposes 3B defense budget | Criticism comes in from left and right | Pentagon moves toward new screening for extremists MORE told reporters at a briefing Friday afternoon.

The decision followed a bipartisan push for the POW/MIA flag to be restored to its former location. Sens. Maggie HassanMargaret (Maggie) HassanTo encourage innovation, Congress should pass two bills protecting important R&D tax provision Overnight Defense: Biden proposes 3B defense budget | Criticism comes in from left and right | Pentagon moves toward new screening for extremists POW/MIA flag moved back atop White House MORE (D-N.H.), Elizabeth WarrenElizabeth WarrenOn The Money: Biden .5T budget proposes major hike in social programs | GOP bashes border, policing provisions Overnight Defense: Biden proposes 3B defense budget | Criticism comes in from left and right | Pentagon moves toward new screening for extremists POW/MIA flag moved back atop White House MORE (D-Mass.) and Tom CottonTom Bryant CottonMcConnell, GOP slam Biden’s executive order on SCOTUS Overnight Defense: Biden proposes 3B defense budget | Criticism comes in from left and right | Pentagon moves toward new screening for extremists POW/MIA flag moved back atop White House MORE (R-Ark.) wrote to President BidenJoe BidenBiden taps California workplace safety leader to head up OSHA Romney blasts end of filibuster, expansion of SCOTUS US mulling cash payments to help curb migration MORE days after he took office asking that the flag be returned to the top of the White House.

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Former President TrumpDonald TrumpRomney blasts end of filibuster, expansion of SCOTUS McConnell, GOP slam Biden’s executive order on SCOTUS US raises concerns about Iran’s seriousness in nuclear talks MORE signed a law in 2019 that mandated the flag be displayed with the U.S. flag at designated federal locations, including the White House. The flag was flown at the White House for some time but moved to another location on the grounds and was apparently never returned last year.

“I am thankful that the POW/MIA flag now once again flies high in its rightful place above the White House. It is a powerful way to continually remember and pay tribute to the tremendous sacrifice of prisoners of war and missing service members. I am thinking of their families and loved ones today and always as we honor their brave service to keep our country safe, secure, and free,” Hassan said in a statement Friday.

Friday’s announcement coincided with National Former POW Recognition Day, which Psaki noted in her remarks.

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Welcome to Hillicon Valley, The Hill’s newsletter detailing all you need to know about the tech and cyber news from Capitol Hill to Silicon Valley. If you don’t already, be sure to sign up for our newsletter by clicking HERE. 

Welcome! Follow our cyber reporter, Maggie Miller (@magmill95), and tech team, Chris Mills Rodrigo (@chrisismills) and Rebecca Klar (@rebeccaklar_), for more coverage.

STORY OF THE DAY: Amazon came out victorious at the end of a two day vote counting session in the election to unionize the e-commerce giant’s facility in Bessemer, Ala. The closely watched election ended up breaking fairly heavily in Amazon’s favor:

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• 1,798 of the 3,215 employees who sent in ballots to the National Labor Relations Board (NLRB) voted against unionization.
• 738 workers voted to join the Retail, Wholesale and Department Store Union (RWDSU).
• The rest of the ballots were either contested or void.

CHALLENGES ARE EXPECTED: RWDSU President Stuart Applebaum said during a press conference after voting wrapped that it “was not a fair fight in any way.”

Michael Foster, a RWDSU member who was key in the Bessemer unionization drive, said that Amazon had succeeded in misleading workers at the plants but that the fight was not over.

“I don’t know how to do nothing but fight,” he told reporters.

NEXT STEPS: The union has said it will file unfair labor practice charges and request that the NLRB set aside the result of the vote.

Expected challenges will focus on Amazon’s relentless anti-union messaging and the installation of a mailbox on warehouse property despite rules against onsite voting.

ANOTHER TRY: Applebaum said Friday that he believes a second election is “likely.” Emmit Ashford, a worker at the plant who voted “yes,” expressed confidence that the union would be able to pull out a win if that were the case.

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“This is just the spark that has started a fire across the United States,” Ashford said. “Our time will come around again, and next time we will win.”

WHAT IS AMAZON SAYING: Amazon is already pushing back on the expected challenge to the vote, maintaining that the company did not intimidate employees. 

“It’s easy to predict the union will say that Amazon won this election because we intimidated employees, but that’s not true. Our employees heard far more anti-Amazon messages from the union, policymakers, and media outlets than they heard from us. And Amazon didn’t win—our employees made the choice to vote against joining a union,” the company said in a statement. 

Will Stokes, an Amazon associate who voted against unionizing, said during a press conference organized by Amazon that workers are planning to discuss changes with management but he doesn’t think the union is necessary to accomplish those goals. 

THE ANTI-UNION VIEW: “We just feel like we can do it without the union. Why pay the union to do what we can do ourselves,” he said. 

The Amazon associates at the press conference also pushed back on criticism over Amazon adding the on-site mailbox during the election period. 

“We feel like the mailbox was more of a convenience than anything. To my knowledge, and talking with other employees, no manager or anyone in senior management has tried to influence our vote. Our votes were our vote,” Stokes said. 

J.C. Thompson, another associate speaking at the conference, said there were already conversations about installing the mailbox when the building first opened. 

WASHINGTON’S VIEW: Several high-profile progressive Democrats (and Sen. Marco RubioMarco Antonio RubioHillicon Valley: Amazon wins union election — says ‘our employees made the choice’ Overnight Defense: Biden proposes 3B defense budget | Criticism comes in from left and right | Pentagon moves toward new screening for extremists The growing threat of China’s lawfare MORE [R-Fla.]) had come out in support of the unionization effort.

“The willingness of Amazon workers in Bessemer to take on the wealthiest man in the world and a powerful company in an anti-union state is an inspiration,” tweeted Sen. Bernie SandersBernie SandersHillicon Valley: Amazon wins union election — says ‘our employees made the choice’ On The Money: Biden .5T budget proposes major hike in social programs | GOP bashes border, policing provisions Overnight Defense: Biden proposes 3B defense budget | Criticism comes in from left and right | Pentagon moves toward new screening for extremists MORE (I-Vt.), who visited the facility last month. “It takes an enormous amount of courage to stand up and fight back, and they should be applauded.”

NOW WHAT? Amazon’s success in beating back the unionization effort will likely only serve to heighten the scrutiny the company faces from Congress – both over its workplace policies and alleged monopoly power.

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Expect the PRO Act, a piece of legislation passed by the House last month aimed at protecting workers seeking to unionize, to gain more attention in the light of allegations about Amazon’s response to the union vote.

AFL-CIO President Richard Trumka said that the result showed why the PRO Act is needed. 

“Working people should not have to walk the gauntlet to form a union,” he said at the RWDSU event. “The Senate needs to step up and level the playing field, because it’s past time to return power to workers.”

Read our story on the vote here.

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IN OTHER NEWS…

SHOW CONGRESS THE MONEY: President Biden called for over $1.3 billion in cybersecurity funds as part of his proposed budget request sent to Congress on Friday, along with major investments in emerging technologies such as quantum computing and artificial intelligence. 

The budget proposal was submitted in the wake of two of the largest cyber espionage attacks in U.S. history, including what has become known as the SolarWinds hack, which likely involved Russian hackers and compromised at least nine federal agencies and 100 private-sector groups. 

In an effort to combat these rising threats, Biden requested a budget increase of $110 million for the Cybersecurity and Infrastructure Security Agency (CISA), along with $20 million to establish a “cyber response and recovery fund” at the Department of Homeland Security.

“This funding would allow CISA to enhance its cybersecurity tools, hire highly qualified experts, and obtain support services to protect and defend Federal information technology systems,” reads Biden’s budget proposal, as submitted Friday to Congress by the Office of Management and Budget. 

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Additionally, the budget proposal recommends $500 million for the Technology Modernization Fund (TMF) at the General Services Administration in order to strengthen federal cybersecurity and replace aging systems, and allocates $750 million for reserve funds to strengthen agency information security.

Read more about the proposed funding here.

 

GOOGLE EMPLOYEES PETITION COMPANY: Google workers launched a petition Friday calling for the company to bar employees who have harassment claims against them from managing others. 

“No harasser should manage or lead a team — whether directly or indirectly — including dotted line reports or managing temps, vendors, or contractors,” the petition states.

The document, signed by more than 500 employees as of Friday afternoon, also calls for Google to force any employees with verified claims of harassment to change teams so that workers are not forced to work with their alleged harassers.

In response to the petition, a spokesperson for Google said the company is “deeply aware of the importance of this issue” and noted the company’s “significant improvements” on its process to investigate claims. The spokesperson’s statement, however, did not directly respond to the petition’s demands. 

Read more about the petition. 

 

Lighter click: Rest in peace

An op-ed to chew on: The information superhighway must be affordable and accessible for all

 

NOTABLE LINKS FROM AROUND THE WEB: 

There’s another Facebook phone number database online (Vice Motherboard / Joseph Cox) 

Online scammers have a new offer for you: vaccine cards (The New York Times / Sheera Frenkel)

Online testing firm agrees to security audit after inquiry from senator (CyberScoop / Sean Lyngaas) 

‘Bro Culture’ at Camera Maker Verkada Pushed Profits, Parties (Bloomberg / William Turton, Ryan Gallagher, Sarah McBride, and Brody Ford)

The European Union’s drug regulatory agency is looking into cases of blood clots among four individuals who received Johnson & Johnson’s coronavirus vaccine, though a link between the two is not yet clear.

The European Medicines Agency (EMA) said Friday that serious cases of “unusual blood clots with low blood platelets” have been reported in four people who received the Johnson & Johnson inoculation, according to Reuters. 

Three of the cases occurred in the U.S. during the vaccine rollout, while one person who participated in Johnson & Johnson’s clinical trial died from a clotting disorder. 

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According to the Centers for Disease Control and Prevention (CDC), roughly 5 million people in the U.S. have already received the Johnson & Johnson’s vaccine. 

The company said in a statement shared with The Hill Friday that it was aware of the reports of blood clots and was working with regulators to review safety data. 

“At present, no clear causal relationship has been established between these rare events and the Janssen COVID-19 vaccine,” Johnson & Johnson said.

“The safety and well-being of the people who use our products is our number one priority,” the vaccine developer added. “We share all adverse event reports about individuals receiving our COVID-19 vaccine, along with our assessment of these reports, with health authorities in compliance with regulatory standards.”

The reports come as there has already been widespread concern on blood clots reported in individuals who received the AstraZeneca vaccine, which has not been federally authorized for emergency use in the U.S.

An EMA safety committee on Wednesday said that a “possible link” existed between the AstraZeneca inoculation and rare blood clots, but added that the benefits of receiving the shot outweigh the potential risks. 

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The committee said that unusual blood clots with low blood platelets should be listed as very rare side effects of the vaccine, though it placed no new restrictions on the inoculation. 

However, some European countries have imposed limits on the distribution of the AstraZeneca vaccine, including advising young age groups against receiving it. 

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Most of the cases of blood clots have been reported among women under the age of 60 within two weeks of receiving the AstraZeneca shot. 

The vaccines from Johnson & Johnson’s and AstraZeneca are two of the four that have been approved in Europe, though rollout of Johnson & Johnson’s single dose has not yet begun across the region.

Updated: April 10 at 10:13 a.m.