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Senate Majority Leader Mitch McConnell (R-Ky.) dismissed the idea of reparations for descendants of slaves on Tuesday, arguing that nobody currently living today is responsible for what happened and that the U.S. has tried to rectify the past by fighting the Civil War, enacting civil rights legislation and electing an African-American president.

"I don't think reparations for something that happened 150 years ago for whom none of us currently living are responsible is a good idea. We've tried to deal with our original sin of slavery by fighting a Civil War and passing landmark civil rights legislation. We've elected an African-American president. I think we're always a work in progress in this country, but no one currently alive was responsible for that. And I don't think we should be trying to figure out how to compensate for it. First of all, because it's pretty hard to figure out who to compensate."

The big picture: The reparations debate has experienced a resurgence in 2019, with a House Judiciary subcommittee preparing to hold its first hearing on the topic on June 19, also known as Juneteenth — a holiday recognizing the liberation of black slaves. Reparations is no longer a "fringe issue" in the Democratic Party and has become a topic of debate for many of the presidential candidates running in 2020.

Go deeper: Capitol Hill takes on reparations

Go deeper

$1.2 trillion "hard" infrastructure bill clears major procedural vote in Senate

Photo: Kevin Dietsch/Getty Images

The Senate voted 67-32 on Wednesday to advance the bipartisan $1.2 trillion infrastructure bill.

Why it matters: After weeks of negotiating, portions of the bill remain unwritten, but the Senate can now start debating the legislation to resolve outstanding issues.

Fed chair says he isn't concerned by Delta surge

Fed Chairman Jerome Powell at the G20 finance ministers and central bankers meeting in Venice last month. Photo: Andreas Solaro/AFP via Getty Images

One of the country's most influential economic officials doesn't anticipate that surging coronavirus cases will knock the reopening recovery off course.

What he's saying: "There has tended to be less economic implications from each [coronavirus] wave. We'll see if that's the case for the Delta variety," Federal Reserve Chairman Jerome Powell told reporters today.

Updated 4 hours ago - Economy & Business

Ubisoft workers demand company accountability in open letter

Photo: Frederic Brown / Getty Images

Close to 500 current and former employees of “Assassin’s Creed” publisher Ubisoft are standing in solidarity with protesting game developers at Activision Blizzard with a letter that criticizes their company's handling of sexual misconduct.

Why it matters: Ubisoft and Activision Blizzard workers are framing the actions as part of a bigger movement meant to have lasting change in the industry and its culture.