Yellen Again Rejects Trillion Dollar Coin

A silly workaround to an infuriating problem that won’t go away.

The free high-resolution photo of horizon, cloud, sky, track, sunrise, sunset, road, sunlight, morning, train track, highway, dawn, train, cityscape, dusk, transport, evening, weather, station, train station, atmospheric phenomenon , taken with an unknown camera 12/26 2016 The picture taken with The image is released free of copyrights under Creative Commons CC0. You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required. The free high-resolution photo of horizon, cloud, sky, track, sunrise, sunset, road, sunlight, morning, train track, highway, dawn, train, cityscape, dusk, transport, evening, weather, station, train station, atmospheric phenomenon , taken with an unknown camera 12/26 2016 The picture taken with The image is released free of copyrights under Creative Commons CC0. You may download, modify, distribute, and use them royalty free for anything you like, even in commercial applications. Attribution is not required.

Biden and Congress Stop Rail Strike

Washington has imposed a contract that workers rejected.

No, We Didn’t Give Wall Street $1.5 Trillion

People who should know better are making ridiculous claims.

Paul Volcker, Fed Chairman Who Slew The Inflation Dragon, Dies At 92

Paul Volcker, the Chairman of the Federal Reserve Board who put an end to the rampant inflation that threatened to choke the American economy, has died at 92.

Don’t Politicize The Federal Reserve.

A former Federal Reserve officials argues that the Fed should not lower interest rates to compensate for the impact of the President’s trade war, potentially leading to his defeat in the election. This is an incredibly bad idea.

The Economic Recovery Is Ten Years Old, How Much Longer Can It Last?

The current economic recovery turns ten years old this month, but it can’t last forever.

April Jobs Report Brings Higher Than Expected Jobs Growth

Jobs Growth in April was much higher than expected, seemingly putting to rest for now fears that the economy might be slowing.

Stephen Moore Withdraws From Consideration For Federal Reserve Board

Another one bites the dust. And another one gone, and another one gone, another one bites the dust.

Trump to Nominate Herman Cain to Fed

Nein. Nein. Nein.

More on Moore

John Fund thinks I am afraid of Stephen Moore (and that I am an economist). He is wrong on both counts.

Stephen Moore is a Terrible Choice for the Fed

Only the best people, dontcha know.

Steve Mnuchin Becomes Trump’s Latest Target

With the economy appearing to sour, Treasury Secretary Steve Mnuchin is quickly becoming the President’s latest target of criticism.

Trump Takes Aim At The Federal Reserve Board

President Trump is now apparently on the warpath against the Federal Reserve Board Chairman he appointed only a year ago.

Donald Trump Shrugging Donald Trump Shrugging

Trump and the Fed

Trump doesn’t understand (nor respect) the role of the Fed.

October Delivers A Solid Jobs Report

Jobs Growth in October exceeded expectations, as did wage growth. It’s unclear, though, how long these numbers can be sustained.

Jobs Report Disappoints, U-3 Unemployment Number At Lowest Point Since 1969

September jobs growth fell short of expectations even as the top-line unemployment rate reached a point unseen since 1969.

Violating Yet Another Norm, Trump Attacks The Federal Reserve

Donald Trump is now attacking his own appointee to head the Federal Reserve Board.

June Jobs Growth Slightly Above Expectations, But Not Spectacular

Total nonfarm payroll employment increased by 213,000 in June and the unemployment rate rose to 4.0 percent.

Federal Reserve Not Worried About Economy Overheating

The Federal Reserve sees the economy staying relatively the same for the foreseeable future, which is both a good and bad thing.

Trump Nominates Jerome Powell To Head Federal Reserve Board

President Trump has selected Jerome Powell, a member of the Federal Reserve’s Board of Governors, to replace Janet Yellen as Chairman.