Two economists with longstanding ties to the Federal Reserve warned Congress on Thursday that it would be a mistake to make the Fed a super-regulator in charge of reining in “systemic risk” and financial institutions considered “too big to fail.”...
Federal Reserve Vice Chairman Donald Kohn said Thursday that while the Fed doesn't object to government audits of its emergency facilities, extending those audits to monetary policy could "cast a chill" on the central bank's deliberations...
John Taylor, an economics professor at Stanford University, talks with Bloomberg Carol Massar and Mark Crumpton about the potential for a second U.S. economic stimulus package...
No one argues that the staggering deficits run up by the American government in a bid to rescue the economy are desirable, healthy or even sustainable — not if the national debt continues to swell at its current pace...
Thomas Sowell analyzes the recent housing boom and bust, beginning with the underlying economic causes that artificially inflated housing costs in certain markets.
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.