Highlight of the Week
White House says U.S. to have enough vaccines for every adult by end of May
-Less than a month ago, the Biden administration more modestly offered a target date in July.
-The announcements comes after signs of increased production of J&J’s single-shot vaccine.
Rate Curves
Rapid Report:
Coronavirus Updates (as of Wednesday morning)
-COVID-19 has registered 115 million cases and 2,562,000 deaths worldwide. There are over 91 million recovered cases.
-The US has accounted for over 29.4 million cases and has surpassed 529,000 deaths. The US has registered over 19.9 million recovered cases.
-Georgia has 987,000 cases and 16,936 deaths.
FinTech Square is now operating its state-chartered industrial bank
-Square Financial Services plans to offer banking services like deposits and other products. It will primarily service a nationwide market of small businesses, including those which already operate on the Square payment platform.
-The FDIC has added an approval condition for Square to keep up levels of capital “significantly higher” than typical FDIC-insured banks.
Metro Atlanta school district sets up mass vaccination site for teachers
⁻Next week, employees of Hall County will receive the one dose J&J vaccine. The vaccine is voluntary for 3,400 school district employees.
⁻Surveys show about half of employees are interested in receiving the vaccination.
