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Federal Reserve news and analysis from The Nation
April 26, 2017
The Policy Weapon Climate Activists Need
Government can save the climate from burning the same way it saved the economy from depression: Buy out the companies behind the crisis.
Thomas M. Hanna
March 17, 2017
Here’s What You Need to Know About the Federal Reserve
We demand way too much from the central bank—but that’s because our elected politicians have done almost nothing to revive the economy.
January 30, 2017
Trump’s Not Draining the Swamp—He’s Filling It
Under President Trump, banking sharks will once again have immense influence on the American economy.
January 19, 2017
Democrats Missed an Opportunity to Expose Steve Mnuchin as a Predator
Bob Casey and Sherrod Brown landed some blows about OneWest Bank’s foreclosures, but too many got lost in a tangle over tax havens.
September 21, 2016
Elizabeth Warren Just Gave Hillary Clinton a Big Warning
Warren is ready to fight any Wall Street–linked cabinet members in a Clinton administration.
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December 18, 2015
The Federal Reserve’s Shaky Optimism
Janet Yellen will be blamed by both the right and the left if the economy does not fulfill her hopes.
November 30, 2015
Why Do Former Goldman Sachs Bankers Keep Landing Top Slots at the Federal Reserve?
During the last year, three vacancies opened up to head regional Federal Reserve banks. They all went to Goldman Sachs alumni.
October 22, 2015
October 22, 1907: The Panic of 1907 Begins
“What have we seen in New York during the past half-dozen years? Great banking institutions prostituted into tools of unscrupulous speculators.”
September 18, 2015
Low Interest Rates Help Private-Equity Moguls and Hurt Average Americans
Today’s near-zero rates are free money for investors, but murder for savers and retirees.
William D. Cohan
September 3, 2015
Age of the Unicorn: How the Fed Tried to Fix the Recession, and Created the Tech Bubble
The number of “unicorn” tech companies is increasing dramatically—but the bubble will burst eventually.