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...

5 Facts You Should Know about the National Debt

By Drew DeSilver, Pew Research Center

With the Republican-led House engaged in a stare-down with Senate Democrats and President Obama over raising the federal debt limit , it seems an opportune time to dig into the actual numbers...
Janet Yellen: Brainy, Brave and Brooklyn Strong

By Jacqueline Leo

Janet Yellen, the first woman nominated as Chair of the Federal Reserve, was always the smartest person in the room. In our case, the room was filled with more than 600 seniors at a public high...
3 Ways to End the Government Shutdown

By Eric Pianin and Josh Boak

There is no doubt about it: Americans are ready for the White House and Republican leaders to hammer out a deal to end a preposterous, nine-day-old government shutdown and save the country from the...
What You Need to Know About Janet Yellen

By Josh Boak, The Fiscal Times

Janet Yellen is slated to become the first chairwoman of the Federal Reserve at a precarious moment for the central bank, offering stability at a time of crippling uncertainty in Washington...
The Senate Tries to Break the Shutdown Stalemate

By Eric Pianin

With House Republicans seemingly spinning their wheels on ideas for ending the government shutdown and avoiding a first-ever default, Senate Democrats and a few Republicans declared on Tuesday that...

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