This Week In The Economy: Trump Impeached, Again, Brutal Pandemic Winter, Biden’s Mammoth Rescue Proposal, Weak US Data

Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

U.S. House Impeaches Donald Trump For Second Time

The U.S. House of Representatives this week voted to impeach President Donald Trump over his role in events that led to the rampage through the Capitol building by his supporters last week.

This is the second time the chamber has sanctioned the president over his conduct, following a similar vote in late 2019 when Trump was accused of abusing his power to force the Ukrainian government to investigate then-presidential candidate Joe Biden. The difference this time is the vote was NOT completely partisan, with 10 House Republicans joining their Demoratic…