It has to do with Sen. Cynthia Lummis and special Wyoming-chartered depository institutions that take cryptocurrencies.
Federal Reserve
Posted inEconomic Policy
The Inflation Conundrum
There is a lot that can be done to restrain prices that doesn’t sandbag the recovery with higher interest rates.
Posted inEconomic Policy
Crypto: Containing the Hydra-Headed Beast
While the Fed and the Treasury dither, this behemoth is getting too complex to contain.
Posted inPolitics
Senate Republicans Unveil Tactic to Potentially Block All Biden Nominees
By boycotting committee markups, Republicans could prevent nominees from getting a Senate floor vote. Democrats could change the rules to end this tactic.
Posted inEconomic Policy
What Happened, Ms. Yellen?
How the Treasury has become the graveyard of progressive financial regulation
Posted inTAP
Are Biden’s Fed Nominees in Trouble?
Today on TAP: They will all probably be confirmed, but first Sen. Ben Ray Luján needs to recover to get the Dems back to 50 votes.
Posted inEconomic Policy
Antitrust Should Be Used to Fight Inflation
Controlling market power is an integral tool to deal with rising costs.
Posted inEconomic Policy
The Stock Market Bubble and the Regulation Paradox
Understanding the several smaller financial-market bubbles that make up the big one
Posted inTAP
Three Great Fed Appointees, Led by Sarah Bloom Raskin
Today on TAP: Biden’s superb stream of progressive financial regulatory nominees continues.
Posted inTAP
Reading the Inflation Numbers Wrong
Today on TAP: Will the media and the Fed stampede the economy into 1970s-style stagflation?
