Federal Reserve

In the contrast between elites — in Washington and on Wall Street — and the working-class Americans across our country, two words banded about in recent months stand out: “soft landing.” In economic parlance, the term refers to whether a…

President Joe Biden issued a sweeping executive order last year on Central Bank Digital Currency (CBDC), which “places the highest urgency on research and development efforts into the potential design and deployment options of a United…

In his State of the Union message in February, President Biden bragged that his “administration cut the deficit by more than $1.7 trillion — the largest deficit reduction in American history.” That boast lasted barely six months. Biden’s…

For all the talk about a potential recession, the Biden administration doesn’t seem to care much about damaging the economy. Witness the latest attempt to impose “equity” that will only raise costs, while hurting the housing market in the…

In July 1944, 44 delegates from Allied countries came together during World War II in Bretton Wood, New Hampshire. The goal? Devise an international currency system to manage foreign exchange that would disadvantage no country and…

Tech investor David Sacks, worth several hundred million dollars and with at least some degree of personal stake in the Silicon Valley Bank (SVB) failure, wrote in The Federalist last week to argue the federal rescue of SVB depositors was…

The irony was palpable. An interview with a Federal Reserve Bank official from last fall, claiming that “we’re a long, long way from any kind of disruption” to the financial system — followed in short order by television clips showing the…

As Congress considers raising the debt ceiling again, the nation must realize that, unlike the Biden administration’s swift response to the student debt crisis and Silicon Valley Bank (SVB) failure, American taxpayers will not receive a…

It’s important to understand that SVB’s failure didn’t arise from risky startups doing risky startup things. It’s painful for me to watch so many smart pundits and politicians on both the right and the left buy into a media narrative…

A recession is coming in 2023, concluded more than two-thirds of the economists at big financial institutions recently surveyed by The Wall Street Journal. Inflation is also likely to remain high. Measuring year-over-year inflation by the…