Powell picks up the policy pace
The Fed’s latest move means it will wrap up the asset-purchase program by March, three months sooner than initially planned.
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The Fed’s latest move means it will wrap up the asset-purchase program by March, three months sooner than initially planned.
The US president’s administration has lots of good rhetoric but little action
Jeff Hauser, executive director of The Revolving Door Project (RDP) at the Center for Economic and Policy Research (CEPR), said in an interview on Thursday that the nomination of a former Exxon attorney to be General Counsel to the Treasury Department is a return to the "same old, same old" nominees that defined previous Democratic administrations "I think that on the legal side of the Biden administration, it's the same old, same old. We're seeing a return to the types of appointees that have characterized previous Democratic administrations, that brought you the end of the rule-of-law a...
Jeff Hauser, executive director of The Revolving Door Project (RDP) at the Center for Economic and Policy Research (CEPR), said in an interview on Thursday that the nomination of a former Exxon attorney to be General Counsel to the
Photo: Win McNamee, Getty Images Last week, the White House announced a slate of nominations to fill roles in the Biden administration. Among them is attorney Neil MacBride, who has been tapped to be general counsel for the Treasury Department. Right now, MacBride is a partner at the law firm Davis Polk & Wardwell. He formerly served as Biden’s chief counsel on the Senate. Oh, and he once sued the very department he’ll be working in on behalf of energy giant Exxon. For an administration that has pushed a whole of government approach to tackle the climate crisis, it’s an odd choice.