Federal Reserve Vice Chairman Janet Yellen is an “ideal candidate” to lead the central bank partly because she would bring continuity as policy makers wind down their record monetary easing, said Laura Tyson, who has advised presidents Barack Obama and Bill Clinton on the economy.
Bush-era tax cuts may be allowed to expire at the end of the year as a prelude to an agreement on the budget, according to Laura Tyson, an economics professor who advises President Barack Obama on the labor market.
Laura Tyson, an economics professor at the University of California at Berkeley and a member of President Barack Obama's Council on Jobs and Competitiveness, talks about the June U.S. employment report released today, the economy and fiscal policy.
President Barack Obama and Republican opponent Mitt Romney want to move the top capital gains tax rate in opposite directions, with a single number emphasizing their divisions on economic and fiscal policy.
President Barack Obama , focusing on ways to spur economic growth with less than two months to the congressional elections, will urge Congress to permanently extend and expand a research and development tax credit for businesses.