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Nancy Marshall-Genzer

Senior Reporter

SHORT BIO

I report on the intersection of Washington and Wall Street, explaining how the decisions made here impact your wallet.

What was your first job?

I had a paper route. I used the money I made to buy a horse named Pokey. She totally lived up to her name, unless she was headed toward the barn around dinner time.

What do you think is the hardest part of your job that no one knows?

The scramble to get on air. I frequently work the early shift, filing for the “Marketplace Morning Report.” One morning last year, there was a fire drill a few minutes before I was supposed to go live. It stopped just in time!

In your next life, what would your career be?

A professor at Hogwarts.

What’s the favorite item in your workspace and why?

My kids' artwork. They inspire me to be creative.

Latest Stories (1,615)

The FDIC released a report on Monday with suggestions on how to improve federal backstops on deposits, with an aim to preventing bank customers from withdrawing their money in a panic.
Patrick T. Fallon/AFP via Getty Images

FHLB: The banking backstop you've never heard of

Apr 18, 2023
The Federal Home Loan Bank system was created during the Great Depression to boost mortgage lending and absorb shocks for banks under stress.
The Federal Home Loan Bank System came out of the Great Depression in an effort to act as a shock absorber for banks under stress.
OFF/AFP via Getty Images

The last time the U.S. almost defaulted on its loans, the consequences were expensive

Apr 17, 2023
The phrase "debt ceiling" brings some people right back to 2011, when the U.S. also went down to the wire.
Speaker of the House Kevin McCarthy delivers a speech about the economy and debt ceiling at the New York Stock Exchange on April 17.  McCarthy said that “defaulting on our debt is not an option.” But neither McCarthy nor the White House are showing any signs of compromising.
Michael M. Santiago/Getty Images

Banks are borrowing less from the Federal Reserve

Apr 14, 2023
That's good news, but banks are still borrowing a lot more from the Fed than they typically do.
New central bank data shows that banks borrowed about $9 billion less from the Fed in the week ending April 12, according to Krishna Guha, vice chair of Evercore ISI.
Kevin Dietsch/Getty Images

What to look for in the Fed's latest meeting minutes

Apr 12, 2023
Fed watchers pore over the document in minute detail in search of clues about future rate hikes.
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting.
Win McNamee/Getty Images

Why some countries' central banks follow the Fed's lead

Mar 23, 2023
The U.S. Federal Reserve coordinates some operations — sometimes even interest rates changes — with other central banks. Here's how that works.
The Federal Reserve sometimes coordinates interest rate changes with other countries because in a global economy, it can’t achieve low inflation and maximum employment alone.
Kevin Dietsch/Getty Image

Fed ups rates by quarter percentage point amid inflation worries and a bank crisis

Mar 23, 2023
Jerome Powell says the Fed is committed to getting inflation down to 2%.
Fed chair Jerome Powell announced further interest rate hikes Wednesday amid ongoing banking turmoil.
Alex Wong/Getty Images

Want to know which way Fed policy is headed? This quarterly report offers hints

Mar 14, 2023
The Summary of Economic Projections lays out what Fed leaders are thinking.
People wanting to understand the Fed's thinking may want to turn to the body's quarterly Summary of Economic Projections report.
Drew Angerer/Getty Images

Buckle up for a big economics week in Washington

Mar 6, 2023
Fed Chair Jerome Powell testifies on Capitol Hill tomorrow and Wednesday. President Biden is set to release a budget outline on Thursday, and we get February jobs numbers this Friday.
Above, Federal Reserve Chair Jerome Powell testifies to Congress in June. He's slated to appear before lawmakers again this week to discuss the central bank's activities and a range of economic issues.
Win McNamee/Getty Images

Banks are weighing environmental, social issues when investing. Some states punish them for it.

Mar 3, 2023
ESG considers environmental, social, and corporate governance factors along with profitability. Republican opponents call it "woke investing."
Republican-controlled states are increasingly targeting investment strategies that consider environmental, social, and corporate governance factors.
Tamir Kalifa/Getty Images