Federal Reserve
36 pieces tagged “Federal Reserve”, newest first.
Roberts Slaughters the Deep State
The Roberts Supreme Court has given us a frustratingly mixed bag of rulings in the past 24 hours, but one crucial ruling that it got exactly right was Trump v. Slaughter.
Warsh's Plan to Tame the Fed
The Federal Reserve is dominated by left-wing economists, but new Chairman Kevin Warsh has launched a plan to review and reform the beast.
Kevin Warsh Faces Senate Banking Committee
Donald Trump's Federal Reserve pick impresses, but his confirmation hang-up is tied to the DOJ's probe of outgoing Fed Chair Jerome Powell.
SCOTUS Skeptical in Fed Firing Case
Donald Trump is once again testing the limitations of his executive power as the president, and the justices seemed reticent to let it go unchecked.
Powell Gets a Probing
Unelected and unaccountable Fed Chairman Jerome Powell is being investigated for colossal cost overruns to the Fed headquarters' renovation, but he ought to be probed for monetary malpractice.
Fed Firing Foments Fear
President Donald Trump fired Federal Reserve Governor Lisa Cook, sparking another significant political controversy that largely overlooks the broader issue of constitutional authority.
The Trump Uncertainty Principle
The president intentionally sows chaos and unpredictability as a means of dealmaking.
Banks Collapse After Federal Fiscal Failure
Joe Biden doesn't run the banks, but his economic mismanagement and federal regulation brought down another big bank.
About That 'Extraordinary Progress' Under Biden...
Progress doesn't necessarily mean going in the right direction, as we can all see in today's economy.
Inflation Is Hard; Fighting It Might Be Harder
The tools needed to put the economy back on the right course will create some pain along the way.
The Failure of the Federal Reserve
The Democrat-dominated Fed increased the money supply and kept low interest rates, driving inflation to record highs.
It's the Inflation, Stupid
Biden and Pelosi predict victory in '22, but voters blame them for rising prices.
Congress Uses 'Sleight of Hand' to Pay for Highway Bill
After much debate and considerable delay, the House of Representatives has finally passed a highway funding bill. A big question that delayed the bill's passage was whether the federal fuel tax would be increased to fully cover planned spending from the highway trust fund. Since it was crafted by the Republican majority that opposed tax increases, the legislation did not increase the tax on gasoline or diesel fuel. Instead, the bill pays for much of the difference between projected expenditures and fuel tax revenues by draining $59 billion from the capital of the Federal Reserve. As the former head of the Congressional budget office Alice Rivlin points out, this is "a new low in budgetary gimmickry."