Powell told lawmakers Tuesday that the “effect on inflation will be neither particularly large nor persistent,” from the $1.9 trillion rescue plan.
We asked indie rapper and "Hamilton Mixtape" contributor Dessa to write a song about the first woman poised to be treasury secretary. Listen here.
President-elect Joe Biden's nominee for treasury secretary stressed that if we don't shore up the economy now, we'll have a worse crisis to manage later.
In her Senate confirmation hearing Tuesday, Yellen is calling on Congress to do more to fight a deep pandemic-induced recession.
The picks for the Council of Economic Advisers are a diverse group. If confirmed, Cecilia Rouse will be the first Black woman to lead the council.
Yellen, a former Fed chair, has advocated for more spending to aid small businesses and the unemployed during COVID-19.
Yellen, who is widely admired in the financial world, would be the first woman to lead the Treasury Department.
Debt, inequality and the coronavirus: A conversation with former Fed Chair Janet Yellen and the World Bank's David Malpass
The panel discussion also touched on "trade unpleasantness," the slowdown in global growth and interest rates.
… because Marketplace already did.