Today on TAP: Will this be sufficient for Biden to reappoint Jerome Powell as Fed chair?
Federal Reserve
Posted inTAP
The Fed’s Lame New Standard on Trading
Today on TAP: It relies on ethics officials who have waved through prohibited trades before, and doesn’t even cover the kind of trade that embarrassed Fed Chair Jay Powell.
Posted inTAP
Jay Powell’s Propagandists
Today on TAP: His campaign to be reappointed chair is abetted by Fed spin and a tame and collusive press.
Posted inEconomic Policy
Jerome Powell Sold More Than a Million Dollars of Stock as the Market Was Tanking
Disclosure documents reveal that the spectacle of Fed officials personally trading stocks extended to the chair himself.
Posted inTAP
Why Did Tax Receipts Soar This Year?
Today on TAP: It wasn’t because of general prosperity or increases in wages.
Posted inEconomic Policy
The Little-Known Power Brokers at the Federal Reserve
Individual senior staffers play a huge role, and may explain the Fed’s insularity and governance problems.
Posted inTAP
Powell’s Reappointment Looks Shakier
Today on TAP: Biden’s pick to chair the Fed still up in the air
Posted inTAP
This Inflation Is Different—Beware Quack Diagnoses
Today on TAP: It’s not driven by excessive demand
Posted inTAP
Is the Regulatory Future Powell or Omarova?
Today on TAP: Biden’s appointments have been largely progressive
Posted inEconomic Policy
Wall Street’s Attacks on Biden Nominee Are a Red Herring
Industry criticism of OCC pick Saule Omarova for wanting to end private banking masks their real fear of losing their derivatives businesses.
