Janet Yellen cleared a crucial hurdle in her likely journey to becoming Fed Chair today: she passed her hearing before the Senate Banking Committee in a question-and-answer session that could only really be considered uneventful. Appelbaum of the NYT ... Read More
This year, as in last, I will follow the debate on Capitol Hill, sifting through the politics to illuminate the underlying economic debate. In these times of perpetual partisan bickering it is easy to overlook policy, in favor of politics.
For that reason, this blog will begin with an ode to outgoing Federal Reserve Chairman Ben Bernanke. Appointed by Republican President B... Read More