Trade and Finance
- The U.S. Has Every Reason It Needs to Drop the Debt Ceiling—Both at Home and AbroadFor other countries that scramble to find resources to repay their debts, it is inconceivable that the United States, which borrows in its own currency at low rates from investors around the world—voluntarily chooses not to pay.
- Out of the Debt Ceiling Fire, But Still in the Frying PanNow that Congress voted to pass a bill based on the Biden-McCarthy compromise, an immediate debt ceiling crisis appears to have been averted. Still, a much larger debt problem awaits.
- What Happens When the U.S. Hits Its Debt Ceiling?As the U.S. government grapples with another deadline to increase its debt ceiling in 2023, economists warn that a possible default could have disastrous economic consequences.
- C. Peter McColough Series on International Economics With Martin WolfMartin Wolf discusses the relationship between capitalism and democracy, the origins of the “democratic recession” of the last decade and a half, and ways to strengthen democratic capitalism against its enemies. The C. Peter McColough Series on International Economics brings the world's foremost economic policymakers and scholars to address members on current topics in international economics and U.S. monetary policy. This meeting series is presented by the Maurice R. Greenberg Center for Geoeconomic Studies. This meeting is part of the Diamonstein-Spielvogel Project on the Future of Democracy.
- Navigating U.S. Economic UncertaintyBrad W. Setser, CFR’s Whitney Shepardson senior fellow, leads a conversation on the likelihood of an economic recession, the current debt ceiling debate, and recent instability in the U.S. banking se…
- What Is the Dodd-Frank Act?The Dodd-Frank Act is one of the most significant U.S. regulatory reforms since the Great Depression. The collapse of Silicon Valley Bank has rekindled the debate over banking regulation.