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A clear disconnect between the Treasury and the Fed

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Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell greet each other with an elbow bump as they arrive at Tuesday's Senate Banking Committee hearing.

Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell greet each other as they arrive at Tuesday's Senate Banking Committee hearing. Al Drago/AFP via Getty Images

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Segments From this episode

COVID-19

Dueling views of the economy we're in

by Nancy Marshall-Genzer Dec 1, 2020
In their Senate testimony, Treasury chief Steven Mnuchin emphasized progress and Fed Chair Jerome Powell focused on unmet needs. Does their divergence matter?
COVID & Unemployment

Most states have been underpaying Pandemic Unemployment Assistance benefits

by Samantha Fields Dec 1, 2020
Instead of calculating PUA benefits based on people’s income, many states have just been paying the minimum benefit.
COVID-19

Can U.S. businesses count on Chinese consumers?

by Jennifer Pak Dec 1, 2020
Many American firms are looking to Chinese consumers to keep them afloat, but many of those consumers are trying to keep themselves afloat.
My Economy

"All the pandemic has done is shine a horrifyingly clear spotlight on every inequality in our community. And my community is the book community."

by Alli Fam Dec 1, 2020
Independent bookseller Hannah Oliver Depp is struggling with suppliers in her mission to tell the stories of struggling people.

OPEC delays and spending cuts: Uncertainty abounds in the oil and gas industry

by Andy Uhler Dec 1, 2020
OPEC and its allies are having trouble coming to an agreement, because individual countries see thing differently.
Race and Economy

Capitol Hill is still overwhelmingly white

by Kai Ryssdal and Maria Hollenhorst Dec 1, 2020
The 117th Congress will be one of the most racially diverse in history, but what about the lawmakers' staffers? LaShonda Brenson of the Joint Center for Political and Economic Studies is working on it.
COVID-19

The pandemic is creating a new kind of community among deferred students

by Ilana Strauss Dec 1, 2020
These students are fostering friendships and study groups without school.

Music from the episode

Butterflies Anchorsong
Confessions Sudan Archives
Philedendron Fields Monster Rally
Good To Me Freddie Joachim
Addiction Black Violin
Goodbye, Goodbye Tegan and Sara

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