The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financial system.
The Treasury's April foreign exchange report should be interesting.
Thailand hasn't been included in past foreign exchange reports. Yet it is likely to meet all three of the criteria set out in the Bennet Amendment for a finding of "manipulation."
The 2018 U.S. midterms are less than eight months away, and Congress has done nothing to close loopholes that enable political advertising on social media to fuel disinformation and division. Time for legislators to get to work.