NDAQ - Wall Street Breakfast: New Federal Holiday
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. New federal holidayPresident Biden signed a bill on Thursday to make Juneteenth a national holiday after the measure passed the Senate unanimously and was approved 415-14 in the House. The day commemorates the 1865 date when Union General Gordon Granger arrived with federal troops in Galveston, Texas, and issued an order freeing the last of America's slaves. "Great nations don't ignore their most painful moments," President Biden said during a ceremony at the White House. "They embrace them." Corporate action: Spurred by the George Floyd protests in 2020, many companies already marked Juneteenth last year, expanding awareness of the holiday. Some 200 firms made the day a paid holiday, including Twitter (TWTR), Square (SQ), Nike (NKE) and Spotify (SPOT), as well as Adobe (ADBE), Altria (MO),
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Wall Street Breakfast: New Federal Holiday