Powell to make last-ditch effort on COVID-19 relief

Federal Reserve Board Chairman Jerome Powell will head to Capitol Hill this week for three days of testimony in what will likely be his last chance to try to push Congress toward another coronavirus relief bill before Election Day.For months, Powell has told lawmakers that the Fed has “lending powers, not spending powers,” and that significant COVID-19 aid is needed sooner rather than later. Without it, Powell warned as recently as last week,…