People

Budget Battles

  • The Fed's Real Fear--Losing Its Independence

    By PEDRO NICOLACI DA COSTA, Reuters

    Increasing political encroachment on the Federal Reserve, particularly from the Republican Party, could threaten the central bank's hard-won independence and undermine confidence in the nearly 100-...

  • California Pension Reform Barely Moves the Needle

    By Mary Slosson, Reuters

    California's legislature easily passed a pension reform measure on Friday that cuts some of the most generous public employee retirement benefits in the United States, but even many supporters of the...

  • Bernanke Defends Fed, Hints at Further Stimulus

    By PEDRO DA COSTA and Alister Bull, Reuters

    Federal Reserve Chairman Ben Bernanke on Friday said the U.S. economy faced "daunting" challenges and that progress reducing unemployment had been too slow, but he stopped short of providing a clear...

  • Condi Rice Condemns Leadership 'Failure' by Obama

    By Patricia Zengerle, Reuters

    Former U.S. Secretary of State Condoleezza Rice brought foreign policy clout to the Republican National Convention on Wednesday, condemning what she described as a stark failure of leadership by...

  • Ryan Rallies the Troops—Now It’s Romney’s Turn

    By Josh Boak, The Fiscal Times

    Paul Ryan stoked the Republican faithful on Tuesday night with an attack on why the Obama presidency that began with such promise faded into disappointment, rallying a crowd at the party’s national...