By Joseph Lawler | 11/14/13 05:13 AM
Is tapering tightening? Janet Yellen may not get that question in those exact words at her confirmation hearing Thursday, but it is one she will have to answer successfully to succeed if she is installed as the chairman of the Federal Reserve early next year.
By Joseph Lawler | 11/13/13 12:57 PM
Who will begin unwinding the Fed's $85-billion-a-month bond-buying program: Ben Bernanke or Janet Yellen?
By Joseph Lawler | 11/13/13 12:40 PM
Ted Cruz is joining fellow Republican Sen. Rand Paul's bid to get a Senate vote on a bill to audit the Federal Reserve by holding up Janet Yellen's nomination to be Fed chairman. Ahead of Yellen's confirmation hearing on Thursday morning, the Texan said in a statement: "I agree with Rand Paul:...
By Joseph Lawler | 11/12/13 02:15 PM
Sen. Elizabeth Warren, D-Mass., warned that the problem of too-big-to-fail banks has gotten worse in the years after the financial crisis and criticized Obama administration officials for not acting sooner to address the problem.
By Joseph Lawler | 11/12/13 12:14 PM
The Federal Reserve's quantitative easing program is "the greatest backdoor Wall Street bailout of all time," according to one former Federal Reserve official. Writing in the Wall Street Journal's opinion pages, Andrew Huszar says the Fed has made large-scale purchases of Treasury and...
By Joseph Lawler | 11/12/13 11:21 AM
America’s small businesses remain pessimistic about the economy, but the problems they’re facing have changed over the past year.
By Joseph Lawler | 11/12/13 06:09 AM
President Obama will nominate Treasury Department veteran Timothy Massad to be the nation's top regulator of financial derivatives on Tuesday afternoon, according to a White House official.
By Joseph Lawler | 11/11/13 02:56 PM
American Action Forum President Douglas Holtz-Eakin is pushing back against complacency over deficits this week and calling for renewed attention to the problem of the United States’ long-term debt.
By Joseph Lawler | 11/08/13 10:18 AM
Benjamin Landy for the Century Foundation: American society is more divided today than in any other year since the Great Depression, with massive concentrations of wealth and income in the hands of an elite few. Such extreme inequality should push Americans toward a more redistributive...
By Joseph Lawler | 11/08/13 10:14 AM
The U.S. gained 204,000 jobs in October, the Labor Department announced friday, as the unemployment rate ticked up to 7.3 percent in a jobs report tainted by the government shutdown. The October unemployment rate was slightly inflated by the government shutdown, the Bureau of Labor Statistics...
By Richard Pollock | 12/06/13
By Philip Klein | 12/05/13
By Byron York | 12/08/13
By Michael Barone | 12/06/13
By Timothy P. Carney | 11/26/13