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Federal Reserve Chair Jerome Powell’s future as head of the central bank remains in doubt this week, with Senate Banking Committee Chair Sherrod Brown, D-Ohio, noting Powell may or may not be re-nominated when President Biden unveils his Fed nominees in the coming days.
American economist and former advisor at the Dallas Federal Reserve Danielle DiMartino Booth sits down for a conversation about the US economy.
The Biden administration suspended oil and gas drilling leases within Alaska’s Arctic National Wildlife Refuge pending the outcome of an environmental impact review, officials said on Tuesday.
Nowadays, well, things have changed. In recent months, the Fed has extended its responsibilities as a bank regulator to the fight against climate change. Where once the Fed used its power over interest rates to control inflation and keep borrowing costs low, it now is taking on the role of making sure job gains are spread equally among income, racial and gender groups. If this doesn't sound like your parents' Fed, or even legendary former Chairman Paul Volcker's, you're not alone. Wall Street increasingly has noticed the central bank's expansion of its mandate, and some are none too happy abo...
David: so that was one of three ads put out by the nonprofit consumers research, it claims some corporations are putting politicians above their own customers. is that right or wrong? here now to discuss it, former dallas fed advisor and quill intelligence ceo booth. and democrat strategist laura fink and former co-founder steve moore. good to see you all. danielle, first, aren't corporations playing a dangerous game mere in getting so deeply in bed with folks who, quite frankly, can't stand capitalism and want to get rid of it? >> you know, i think there have been a lot of corporations over t...