Janet Yellen is poised to take charge of a Federal Reserve System where boardroom dissent has become increasingly rare, making the central bank’s governing body an unusual example of harmony in a divided capital.
White House budget director Sylvia Mathews Burwell learned her management skills from some of the masters: former President Bill Clinton, Microsoft Corp. Chairman Bill Gates, and onetime Treasury Secretary Robert Rubin.
Alice Rivlin , a member of President Barack Obama ’s deficit-reduction commission, is trying to stir a debate over imposing a national sales tax to reduce the deficit as part of a plan that includes steep Medicare cuts and a one-year payroll-tax holiday to spark economic growth.
Nov. 16 (Bloomberg) -- Douglas Holtz-Eakin, president of American Action Forum, Alice Rivlin, senior fellow at the Brookings Institution, Michael Ettlinger, vice president for economic policy at the Center for American Progress, Josh Bivens of the Economic Policy Institute, and Alison Acosta Fraser of the Heritage Foundation, speak on a panel discussion at the Peterson Institute in Washington about U.S. fiscal policy and economic growth outlook. Ben White, correspondent for Politico, moderates. (Source: Bloomberg)
The U.S. Congress may have scope to extend debt-limit negotiations for weeks past the mid-October date when Treasury Secretary Jacob J. Lew has said the nation will exhaust its borrowing authority, according to analysts at Credit Suisse Group AG and Jefferies LLC.
When the housing bubble burst in 2006, U.S. policy makers looked to Japan for clues about what to do -- and not do -- in response. Now their attention is shifting to Europe as America gets set to follow that region with a concerted attack on its budget deficit.