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August 23, 2012

United States
National Conventions and U.S. Foreign Policy

U.S. presidential nominating conventions often touch on national security and foreign policy, but don’t always signal the direction of a winning candidate’s policy, explains this Backgrounder.

December 4, 2023

Budget, Debt, and Deficits
The U.S. National Debt Dilemma

With the U.S. national debt already exceeding $16 trillion, President Trump’s tax reform and budget deals with Congress have added to the country’s deficits. CFR explores the origins of the national debt, the risks it presents, and the outlook for change.

An exterior view of the U.S. Treasury building from below

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

October 11, 2023

G20 (Group of Twenty)
What Does the G20 Do?

The Group of Twenty, an informal gathering of many of the world’s largest economies, is the premier global forum for discussing economic issues. But it has faced divisions over trade, climate change,…

World leaders sit around a circular table at the G20 summit in New Delhi, India.

September 20, 2023

Infrastructure
The State of U.S. Infrastructure

The Joe Biden administration is implementing the largest federal investment in infrastructure in decades. Here’s why infrastructure matters for U.S. economic competitiveness.

Construction workers building a pedestrian bridge are viewed from above.

September 16, 2008

Political History and Theory
Foreign Policy and Political Nominating Conventions

U.S. political conventions offer the parties a place to unite around presidential candidates and a vision for foreign and domestic policy.

George W. Bush Nomination 2004

January 20, 2022

NATO (North Atlantic Treaty Organization)
Why NATO Has Become a Flash Point With Russia in Ukraine

Russian leaders have watched with mounting resentment as the transatlantic alliance has nearly doubled its membership since the end of the Cold War. President Vladimir Putin has drawn a red line in U…

The NATO sign marks the seventieth anniversary of the Atlantic alliance in February 2020 in Kyiv, Ukraine.