The United States has benefited from the dollar’s dominance of global markets for decades. Washington should be wary of squandering those benefits through political infighting and reckless policymaki…

The spectacle highlighted not only the ongoing battle within the GOP, but also spoke to what may lie ahead on critical governance issues this year.

A U.S. default would send a shock through the global economy and risk the credibility of the U.S. dollar.  It would also alarm U.S. allies while presenting a gift to its adversaries.

The recent rise in COVID-19 cases in Singapore shows that there are limits to what national responses to a global pandemic can achieve.