Follow the Money
Brad Setser, Whitney Shepardson Senior Fellow, tracks cross-border flows, with a bit of macroeconomics thrown in.
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A Quick Word on the (Lack of) Revenue From the Senate’s Proposed International Tax Reform
By Brad W. Setser
The Joint Committee on Tax has scored the Senate’s proposed international tax reform. I haven’t seen any reporting indicating that the conference committee has significantly changed these provisions—though it seems like the conference committee will get rid of the alternative minimum tax for corporations that the Senate introduced at the last minute. And the JCT […]
"Concentrations of risk, plagued with deadly correlations"
By Brad W. Setser
"Not quite so SAFE": This week’s Economics Focus column
By Brad W. Setser
"We hate you guys ... but there is nothing much we can do"
By Brad W. Setser
Understanding the Low October 2025 Trade Deficit
By Brad W. Setser
![Sea gulls sit on a lamppost beside shipping containers stacked at the Paul W. Conley Container Terminal in Boston]()
About the author
Brad W. Setser is the Whitney Shepardson senior fellow at the Council on Foreign Relations (CFR). His expertise includes global trade and capital flows, financial vulnerability analysis, and sovereign debt restructuring.
Brad W. Setser
Whitney Shepardson Senior Fellow
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