Marketplace®

Daily business news and economic stories

John Dimsdale

Washington, D.C. Bureau Chief, Marketplace

John Dimsdale has spent almost 40 years in radio. As the former head of Marketplace’s Washington, D.C., bureau, he provided insightful commentary on the intersection of government and money for the entire Marketplace portfolio. As Dimsdale notes, “Sooner or later, every story in the world comes through Washington,” and reporting on those issues is like “… going to school with all the best professors and then reporting to listeners what I found out at the end of the day … Can you believe they pay me to do that?” Dimsdale began working for Marketplace in 1990, when he opened the D.C. bureau. The next day, Saddam Hussein invaded Kuwait, triggering the first Gulf War, and Dimsdale has been busy ever since. In his 20 years at Marketplace, Dimsdale has reported on two wars, the dot-com boom, the housing bust, healthcare reform and the greening of energy. His interviews with four U.S. Presidents, four Hall-of-Famers, broadcast journalist Walter Cronkite, computer scientist Sergey Brin, U.S. District Court Judge Thomas Penfield Jackson and former U.S. Vice President Hubert Humphrey stand out as favorites. Some of his greatest contributions include a series on government land-use policies and later, a series on the Yucca Mountain nuclear waste disposal site. Before joining Marketplace, Dimsdale worked at NPR, the Pennsylvania Public Television Network, Post-Newsweek Stations and Independent Network News. A native of Washington, D.C., and the son of a federal government employee, Dimsdale has been passionate about public policy since the Vietnam War. He holds a bachelor’s degree in International Studies from Washington College in Chestertown, Md., and a master’s degree in Broadcast Journalism from the University of Missouri in Columbia, Mo. Dimsdale and his wife, Claire, live in the suburb of Silver Spring, Md., and when not working, he enjoys traveling, carpentry, photography, videography, swimming and home brewing.

Latest from John Dimsdale

  • To prop up the economy, the Federal Reserve has put $260 billion into banks' hands through auctions on short-term loans since December. What happens to all that money? John Dimsdale reports.

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  • A new online earmark tracking system shut down the day requests were due because of an overload of traffic. John Dimsdale reports this could be an indicator of the House's inability to track and prioritize these projects.

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  • The federal government already raised the limit on loans mortgage lenders Fannie Mae and Freddie Mac can underwrite. Today's move to relax capital requirements on loans is designed to quickly free up $200 billion in more financing. John Dimsdale reports.

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  • The U.S. Supreme Court will hear arguments on whether California employers can spend state money on anti-union activities. It's a battle between free speech and taxpayer rights, but with a twist. John Dimsdale reports.

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  • Many in the financial markets expect to see the Fed cut rates by a full percentage point — the biggest rate cut in a generation. John Dimsdale reports one thing seems certain: lower rates will cheapen the value of the dollar.

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  • A study out today suggests newspapers aren't losing readers, as their websites have a larger share of the overall audience than the print versions do. John Dimsdale reports loss of advertising is the real problem.

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  • The National Federation of Independent Business was against Hillary Clinton's health care reform plan 15 years ago. John Dimsdale reports the group is calling for reform today — but they still don't support Clinton's plan.

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  • As the credit crunch continues, many businesses have to file for bankruptcy. That means that one area of business is booming: bankruptcy services firms. John Dimsdale reports on how they are staffing up.

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  • Federal Reserve Chairman Ben Bernanke called for mortgage lenders to help defaulting homeowners by reducing the principal they owe on their mortgages. John Dimsdale reports banks are reluctant to follow the advice.

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  • The Pentagon has picked EADS, the parent company of Europe's Airbus, for a massive refueling tanker aircraft contract. The announcement was a blow to the U.S. bidder Boeing, which has been making tankers for the Air Force for 50 years. John Dimsdale reports.

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