“I think the reality of turning a political commitment into binding domestic legislation is a lot more complex,” said Manal Corwin, a Treasury official in the Obama administration who now […]
Biden, Joseph R Jr
Trending topics and news from the Biden, Joseph R Jr category
Back to news homeStudent Loan Borrowers Don’t Deserve ‘Forgiveness.’ They Deserve an Apology.
Still not convinced that the nation should ask debtors for absolution, and not the other way around? Consider the facts.First, there’s the Free Application for Financial Aid, or FAFSA, which […]
Fed Confronts Why It May Have Acted Too Slowly on Inflation
Some Federal Reserve officials have begun to acknowledge that they were too slow to respond to rapid inflation last year, a delay that is forcing them to constrain the economy […]
States Turn to Tax Cuts as Inflation Stays Hot
A new report from the Tax Policy Center, a left-leaning think tank, said total state revenues rose by about 17.6 percent last year. State rainy day funds — money that […]
Will President Biden Forgive Student Loan Debt?
Justin Nelson’s letter, one of the thousands that arrived at the White House this month, said he was proud to vote for President Biden back in 2020. Now he had […]
Why U.S. Oil Companies Aren’t Riding to Europe’s Rescue
“The model has totally changed,” he said.Oil executives also argue that they are spending a lot of money on new oil and gas production but that inflation is undercutting their […]
Why Midterm Election Years Are Tough for the Stock Market
These efforts often contribute to strong stock market returns leading up to presidential elections, when it is in presidents’ greatest interest to stimulate the economy.In the first half of a […]
Supply Chain Hurdles Will Outlast Covid Pandemic, White House Says
In the report, the administration cited its efforts to identify weaknesses in supply chains for key products like semiconductors, electric-vehicle batteries, certain minerals and pharmaceutical products, and to bolster American […]
Amid Sanctions, Putin Reminds the World of His Own Economic Weapons
LONDON — In the five weeks since Russia invaded Ukraine, the United States, the European Union and their allies began an economic counteroffensive that has cut off Russia’s access to […]
Biden will tap oil reserve, hoping to push gasoline prices down.
Energy experts said the reserve release would pack more punch if other countries, like China, also sold oil from their stockpiles. The International Energy Agency, an organization of more than […]