With the real economy resurgent, the World Bank and IMF could be reformed to manage capital flows and make trade deals about trade again. But the mood in Washington makes this unlikely.
banking
Posted inEconomic Policy
The Return of Michael Barr
Spurned for high-level positions on several occasions, he enters the conversation for a Fed slot at a time when progressives are wary of more personnel battles.
Posted inEconomic Policy
GOP to CFPB: Go Easy on the Banks!
The Republican caucus tries to protect a bank’s right to rip off its customers.
Posted inPolitics
Washington’s Best Hope
Rohit Chopra’s unconventional methods for making change happen in a sclerotic government
Posted inTAP
Smoking Out Oligarchs, Russian and Other
Today on TAP: A Trump-era law, the Corporate Transparency Act, can help.
Posted inMoney, Politics, and Power
The Eight Congressmen Subverting the SEC’s Crypto Investigation
Call them the ‘Blockchain Eight.’
Posted inMoney, Politics, and Power
New Reform Bill Reinforces Authority for Postal Banking
But the only way it’s going to happen is if Postmaster General Louis DeJoy agrees to it.
Posted inAmerica and the World
The End of Globalism
The world economic and financial system will never be the same.
Posted inMoney, Politics, and Power
The Real Reason Republicans Are Blocking Biden’s Fed Nominees
It has to do with Sen. Cynthia Lummis and special Wyoming-chartered depository institutions that take cryptocurrencies.
Posted inEnergy and the Environment
Won’t Drill Baby Won’t Drill
Don’t expect domestic fracking companies and the Wall Street investors getting rich off them to fill any gap in Russian petrochemicals.
