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...

A Rise in Interest Rates Could Cost the Fed Billions

By Edmund Andrews, The Fiscal Times

The Fed stands to lose billions of dollars of value in its portfolio if interest rates suddenly go up.
Fed Gains New Powers in Senate Financial Overhaul

By EDMUND L. ANDREWS and JOHN M. BERRY, The Fiscal Times

Despite bitter attacks from the right and the left, Ben Bernanke and the Fed emerged a winner in the Senate bill to overhaul financial institutions.
Bank Lobbying Draws Protest March on Washington’s K Street

By Jennifer Depaul and Michelle Hirsch, The Fiscal Times

Nearly 1,000 protesters marched on K Street to protest lobbying efforts by Wall Street banks and financial institutions to derail major financial overhaul legislation pending in the Senate.
Treasury Drives a Hard Bargain and Gets Top Dollar from TARP Banks

By Edmund Andrews, The Fiscal Times

Treasury officials were shrewd in negotiating top dollar for stock warrants from banks that received taxpayer TARP money during the financial crisis.
Lawmakers, Policy Experts Warn of a Greek-Style Debt Crisis in U.S

By Eric Pianin and EDMUND L. ANDREWS

While European leaders grapple with Greek debt crisis, some experts wonder whether the same thing could happen in the United States.

Search form