The Fed and Treasury

Will Trump Try to ‘Overrule’ Monetary Policy?

By Mark Thoma

How 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

By Beth Braverman

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?

By Anthony Mirhaydari

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?

By Anthony Mirhaydari

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?

By Anthony Mirhaydari

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 Dayen

Protesters 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 Thoma

For 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?

By Anthony Mirhaydari

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

By Anthony Mirhaydari

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?

By Anthony Mirhaydari

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...

The GOP's Startling Bid to Strong-arm the Fed

By Merrill Goozner, The Fiscal Times

In an unprecedented move, GOP leaders sent a letter to Federal Reserve Chairman Ben Bernanke on the eve of the semi-annual Federal Open Markets Committee Meeting. Their request: do not move forward...
Actions the Fed May Consider at Meeting This Week

By Martin Crutsinger

WASHINGTON (AP) — When the Federal Reserve holds a policy meeting Tuesday and Wednesday, it's widely expected to adopt some new step to boost the economy. The question is what it will be. Whatever...
Bernanke Nonplussed by Dissenters

By PAUL WISEMAN

For someone known as a consensus builder, Federal Reserve Chairman Ben Bernanke sure generates — and shrugs off — a lot of dissent.
The One Policy Move that Could Jumpstart the Economy

By James C. Cooper, The Fiscal Times

Obama’s jobs package could add 1.9 percentage points to 2012 GDP growth Banks have $1.6 trillion in lendable funds parked at the Federal Reserve A streamlined mortgage refi process could free up $70...
Fed Boosts Flow of Dollars to EU

By Neil Irwin and MICHAEL BIRNBAUM, The Washington Post

Worried that a mounting debt crisis in Europe could trip up the global economy, the Federal Reserve opened its vault Thursday to the central banks of other countries in an effort to head off a...

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