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November 8, 2022

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 …

Federal Reserve

January 11, 2023

United States
How Does the U.S. Government Use the Strategic Petroleum Reserve?

The Strategic Petroleum Reserve, the world’s largest stockpile of emergency crude oil, has helped shield the United States from energy supply crunches, but debate persists over its management.

A photo of steel oil pipelines at a refinery.

January 13, 2023

Cybersecurity
The U.S. Government Banned TikTok From Federal Devices. What’s Next?

The ban was enacted due to growing national security concerns related to China. Critics say there are more effective ways to protect U.S. data privacy.

A blurry image of TikTok is displayed on an iPhone.

November 10, 2022

State and Local Governments (U.S.)
Federalism and Foreign Policy: The Role of States

Jenna Bednar, professor of political science and public policy at the University of Michigan, and Mariano-Florentino Cuéllar, president of the Carnegie Endowment for International Peace, discuss the …

Play Image of Flag

February 2, 2023

Economics
Three Steps to Strengthen the U.S. Treasury's Foreign Exchange Report

The analytics used in the U.S. Treasury's Foreign Exchange Report should be updated to better capture the significant state flows that no longer appear as part of many country's disclosed foreign exc…

Monitors displaying the stock index prices and Japanese yen exchange rate against the U.S. dollar at the Tokyo Stock Exchange

April 28, 2022

Economics
Federal Reserve Committee Convenes, U.S. Leads UN Security Council, and More

The U.S. Federal Reserve is poised to raise interest rates, the United States assumes the presidency of the UN Security Council, and Japan marks Constitution Memorial Day as the country makes changes…

Podcast Ukrainian President Volodymyr Zelensky addresses the United Nations (UN) Security Council via video link on April 05, 2022 in New York City.

January 20, 2023

United States
What Happens When the U.S. Hits Its Debt Ceiling?

As the U.S. government grapples with another deadline to increase its debt limit, economists warn that a possible default could have disastrous economic consequences. 

An exterior view of the Capitol dome with storm clouds in the background.

January 20, 2023

Americas
C. Peter McColough Series on International Economics With Christopher J. Waller

Christopher Waller discusses the economic outlook for the United States in the year ahead.

Play Christopher J. Waller speaking in microphone while wearing suit with flag lapel pin

September 25, 2018

Monetary Policy
Good News! The Federal Reserve is Surviving the Trump Era.

Improbably, the Federal Reserve is surviving the Trump era with its integrity intact. Jerome H. Powell, the Fed chairman since February, is quietly emerging as a skilled Washington operator.

Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking Housing and Urban Affairs Committee hearing.

May 26, 2022

India
Kanimozhi Karunanidhi: India’s Federal Government Is Eroding States’ Rights

Regional parties help protect India’s democracy, secularism, and diversity. Taking away states’ rights will only hurt the country.

Kanimozhi Karunanidhi, Member of India's Parliament in the Lok Sabha