Just about every economist disagrees with this GOP congressman's bill.
She must decide when the Fed will raise interest rates above zero for the first time since 2009.
Its vital actions after the financial crisis haven’t changed a thing.
Janet Yellen Is Looking Out for the Long-Term Unemployed
April 16, 2014
Congress may not be providing them much help. But Yellen is doing all she can.
Uh-Oh: Janet Yellen Is Waffling About Whether "Too Big To Fail" Is Over
February 27, 2014
Her Senate testimony did not inspire confidence.
Much has been written about Janet Yellen’s views on the proper tradeoff between unemployment and inflation, and about her economic forecasting powers.
Liberals Win the Battle Over Larry Summers—And the Democrats' Future
September 16, 2013
There were plenty of reasons to oppose Larry Summers’s nomination to the Fed, which had seemed inevitable for much of the past few months, before Summers abruptly withdrew from consideration on Sunday.
These Three Democrats Could Torpedo Larry Summers's Nomination
September 09, 2013
It has become glaringly obvious over the past couple months that President Obama wants to nominate Larry Summers to become the next chair of the Federal Reserve.
There are now two, parallel debates taking place outside the White House over President Obama's choice of Fed chair Ben Bernanke's replacement.
Why You Should Care About Peter Diamond
August 06, 2010
If you're a liberal who follows politics closely but not that closely, then you probably know a lot about Elizabeth Warren but not much, if anything, about Peter Diamond. That's too bad. Like Warren, Diamond could end up with a pretty important position--one from which he could do a lot of good. But, like Warren, Diamond has provoked the ire of some conservatives who want to keep him from that post. Diamond is one of President Obama's three nominees to the Federal Reserve Board of Governors.