On March 22, on a radio talk show, Detroit-area Congressman John Dingell stated that it would take a long time to get the regulations together to implement Obamacare because, in his words, "it takes a long time to do the necessary administrative steps that have to be taken to put the legislation together to control the people." . . .
Three years ago, a study of low and declining prices on Iraq's debt by Michael Greenstone of MIT helped paint a bleak picture of the effectiveness of the surge, as, for example, in this November 2007 New York Times op-ed by Austan Goolsbee "In the Bond Market, a Bleak Prognosis for Iraq.". . .
The Federal Reserve has not been clear enough about how it intends to unwind its unprecedented monetary easing campaign, and some of the tools it expects to use may not work, monetary experts will tell Congress on Thursday. . . .
The Federal Reserve has not been clear enough about how it intends to unwind its unprecedented monetary easing campaign, and some of the tools it expects to use may not work, monetary experts will tell Congress on Thursday, Reuters reports. . . .
A panel of currency experts urged Congress not to engage in drastic unilateral trade action in a bid to address the widely held perception that China is keeping its currency artificially low to boost exports. . . .
After suffering through the worst economy in a generation and watching millions of jobs disappear in the recession, a few more people are likely to join the ranks of the unemployed: congressional Democrats. . . .
Pressure on China to allow its currency to rise in value against the dollar intensified Wednesday with a prominent economist telling Congress that the Obama administration should cite China and four other Asian economies as currency manipulators in a report due in April. . . .
Despite mounting pressure in Congress for the Obama administration to declare China a currency manipulator, the Chinese government is giving no indication that it will change its exchange rate policy. . . .
Fueled by an unprecedented $46 million spending spree in pursuit of the governor's seat, Meg Whitman's dominance in the polls got even more staggering over her Republican primary opponent, Steve Poizner, according to a newly published poll. . . .