Budget Battles
-
Republicans Want Strings Attached to California Disaster Aid
-
Biden Goes Out With a Bang in the Jobs Market
-
Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
-
Trump Considers Declaring National Emergency for Tariff Rollout
-
Trump Unloads: Grievances, Greenland and the Gulf of Mexico
-
Republicans Divided Over How to Pass Trump’s Agenda
-
Trump Pushes Johnson to Victory as Speaker
-
Will Trump Try to ‘Overrule’ Monetary Policy?
By Mark ThomaHow will the Federal Reserve evolve during Donald Trump’s term as president? Presently, three of the seven positions on the Federal Reserve Board are vacant. These vacancies, along with the...
-
Why the Treasury Is Ending a Low-Income Retirement Saving Program
Less than two years after the Obama administration rolled out a myRA, a savings program aimed at helping the millions of Americans without access to a retirement account through work, the Trump...
-
Will Janet Yellen Give Wall Street a Scare?
For years, the Federal Reserve has been unable to convince the market it's serious about aggressively tightening policy. Janet Yellen and her cohorts have been guilty of "crying wolf," constantly...
-
Is the Fed About to Wage War on the Rich?
For years, stocks have been driven relentlessly higher thanks to a single statement that summarized the aggressive central bank largesse since the eurozone crisis flared up in 2012: Policymakers...
-
Is the Fed Fighting the Trump Rally?
The evidence is growing that the Federal Reserve’s policymakers are actively working to lean against the stock market's rise, a dramatic reversal from the years of policy support stock market bulls...
-
The Fed’s Big Mistake: Rate Hikes Hurt US Workers
By David DayenProtesters rallied in Washington, New York City and Philadelphia yesterday against an imminent government action that would damage the financial prospects of ordinary workers. And no, it had nothing...
-
The Fed, the Reality of Tax Cuts, and Donald Trump
By Mark ThomaFor many years, Republicans argued that tax cuts for the wealthy pay for themselves. Cutting taxes on the wealthy, according to Republicans, allows them to keep a larger share of anything new they...
-
Will Unwinding the Fed’s $4.5 Trillion Balance Sheet Kill the Bull Market?
Over the last decade, investors have grown accustomed to a Federal Reserve that constantly coddled them, allayed their fears and did everything possible to support the financial markets and asset...
-
The Key to This Market: Here’s What Will Determine if Stocks Rise or Fall
For now, instead of putting pressure on risk assets, the Fed's newfound hawkishness is bolstering the reflation trade by lifting the dollar higher and attracting global capital into U.S. assets. Same...
-
Can Wall Street Handle Higher Interest Rates?
The Federal Reserve just raised interest rates for the second time in three months, signaling a dramatic quickening of its prior pace. For the first time in more than a decade, Fed policymakers are...
-
How the GOP Assault on the Fed Could Backfire
By Mark ThomaRepublicans have been relentlessly attacking the Federal Reserve and implicitly threatening its independence . Texas Governor and GOP presidential candidate Rick Perry asserted that Ben Bernanke’s...
-
Fed Bashers: Take A Lesson from Milton Friedman
By Bruce Bartlett, The Fiscal TimesOn Tuesday, the Federal Reserve announced new measures to stimulate the economy . The stock market was not impressed and has fallen subsequently. Analysts point mainly to continuing debt problems in...
-
Fed Lowers Rates Citing Significant Risks to Economy
By Merrill Goozner, The Fiscal TimesThe Federal Reserve demonstrated Wednesday that it could stand up to pressure from Republican politicians on Capitol Hill and, but the open question is whether it will be able to woo reluctant...
-
Questions and Answers About the Fed's Decision
By CHRISTOPHER S. RUGABER, The Associated PressWASHINGTON (AP) — The Federal Reserve unveiled a two-pronged effort Wednesday to boost the economy. It said it will sell $400 billion in short-term Treasurys it owns and replace them with longer-term...
-
Fed to Shift $400B in Holdings
By Martin CrutsingerThe Federal Reserve says it will sell $400 billion of its shorter-term securities to purchase longer-term holdings, its latest effort to boost a weak economy. The Fed's move to rebalance its $2.87...