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Power shifts in the 'think-tank-ocracy'

Jan 20, 2017
Conservative think tanks are ascendant as the Trump administration plans wave of legislation and policy changes.
President Donald Trump shakes hands with Senate Minority Leader Chuck Schumer, D-N.Y, as he is joined by the Congressional leadership and his family while he formally signs his cabinet nominations into law, in the President's Room of the Senate, at the Capitol in Washington, January 20, 2017. 
J. Scott Applewhite - Pool/Getty Images

A transatlantic central banking policy disparity

Mar 10, 2016
While Europeans ease, Americans ponder another rate hike
Mario Draghi, President of the European Central Bank (ECB), addresses the media during a press conference following the meeting of the Governing Council in Frankfurt am Main, western Germany, on March 10, 2016. The European Central Bank cut all three of its key interest rates and beefed up its controversial asset purchase programme in a bid to kickstart chronically low inflation in the euro area.
DANIEL ROLAND/AFP/Getty Images

Federal Reserve Chief Ben Bernanke takes the stand

Feb 26, 2013
In his semi-annual report to Congress, Ben Bernanke reaffirmed the Federal Reserves bond buying policy, but said monetary policy alone cannot prop up the economy.

Should the Fed coordinate with Congress?

Oct 12, 2012
With the Federal Reserve's interest rate near zero and the recovery still slow, some economists are speculating on what you might call a "nuclear option".

Markets down on jobs report, uncertainty

Jul 6, 2012
U.S. markets are down slightly this morning on the latest jobs data from the Labor Department which said that just 80,000 jobs were added in the U.S. last month and unemployment remained at 8.2 percent.