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Federal Reserve news and analysis from The Nation
March 24, 2021
What Janet Yellen Can Do at Treasury
After the ravages of the pandemic, the American economy needs more than stabilizing—it needs to be rebuilt from the ground up. Will Yellen be up to the task?
November 27, 2020
Janet Yellen at Treasury Is One of Biden’s Best Appointments
As a former head of the Federal Reserve and economic adviser to the White House, she is uniquely qualified to take on the current challenges, but she must ensure that the new normal does not represent a return to the old status quo.
November 24, 2020
How Biden Can ‘Build Back Better’ With or Without the Senate
The president-elect has all the tools he needs to kick-start economic recovery—if he’s willing to use them.
September 29, 2020
If You Think Amy Coney Barrett Is Extreme, Meet Judy Shelton
Trump’s nominee to the Federal Reserve has gotten a lot less publicity. But her desire to return the US to the gold standard and eliminate federal deposit insurance could destroy the economy.
April 3, 2020
We’re Going to Need a Bigger Bailout
As the pandemic spreads and the economic collapse continues, Congress will have to act again.
Robert L. Borosage
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February 4, 2020
Trump’s War on the Poor Includes Our Children
One in five American children live in poverty, even as pundits tout employment highs.
December 11, 2019
RIP, Paul Volcker: The Fed Chair Who Thought We Lived Too Well
To avoid repeating the macroeconomic mistakes of the past 40 years, progressives must reckon
with Volcker’s tremendous—and harmful—influence.
October 4, 2019
Trump May Be Driving the Economy Into Recession
His reckless trade war is having a calamitous global impact—and he’s continuing his assault on the courts and the environment.
March 20, 2019
Alan Krueger’s Radical Empiricism
Remembering the Princeton economist who pioneered the study of the minimum wage.
January 25, 2019
Watch How Progressives Respond When Trump Isn’t Wrong
Occasionally, the president finds himself on the right side of an issue, and Democrats can’t reflexively react.
Robert L. Borosage