The Fed chair resisted mentioning supervision, regulation, or accountability after the collapse of Silicon Valley Bank. His resistance delayed the announcement.
Sarah Bloom Raskin
Posted inEnergy and the Environment
Oil Company Profit-Gouging Began With the CARES Act
The benefits fossil fuel companies derived from COVID relief created the dynamic in the industry we see today.
Posted inTAP
With Sarah Bloom Raskin Out, Who Gets That Key Fed Post?
Today on TAP: How about either Lael Brainard or Daniel Tarullo.
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 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 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 inTAP
Three Great Fed Appointees, Led by Sarah Bloom Raskin
Today on TAP: Biden’s superb stream of progressive financial regulatory nominees continues.
Posted inEconomic Policy
Janet Yellen’s Blind Spot on Regulation
The Treasury secretary has made a number of concerning statements and failed to take action on a number of regulatory challenges.
Posted inEconomic Policy
Treasury Wants to Save the Financial System From Climate Collapse
But banks are already pushing back against a new initiative to foreground climate risk.
Posted inPolitics
Even After the Cabinet Selections, Personnel Is Policy
Look to the sub-cabinet level for obscure but important jobs that will determine the direction of the Biden presidency.