Nation Topics - Federal Reserve Board | The Nation

Instead of cutting benefits for the poor, how about taxing the total household wealth of the rich?

In a test case for Democrats, the fiery Florida populist takes on a stiff challenge from the right.

As Elizabeth Warren’s devastating Congressional report reveals, the Federal Reserve used taxpayer money to bail out the insurance giant, instead of forcing the major banks to clean up the mess they helped create.

Developing policy solutions to reduce inequality is not difficult. Mustering political will to enact them is.

How to fix the Federal Reserve.

Banks have stopped lending money, so the Federal Reserve is printing more. That's the wrong way to resolve our economic crisis.

Forget big bailouts. The fed should finance non-profit state banks like the Bank of North Dakota--no profit means no reason for bankers to misbehave--to get real money to real people in the real economy.

A little under $300 billion of the $700 billion bailout has been invested, loaned out or lost. And as long as Henry Paulson's in charge, we won't know where it went.

If everyday life is hit by a deflationary wave, it will bring extreme hardship to millions.

As bigwigs get bailouts, taxpayers ponder layoffs, ruined retirements and wiped out college funds. Yet neither McCain or Obama have tapped into that anger.