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April 3, 2024

United States
What Does the U.S. National Guard Do?

The National Guard is a special part of the U.S. military that answers to both state governors and the president. While it began as a “strategic reserve,” the guard has come to play an important role…

A member of the National Guard patrols the southern U.S. border in Eagle Pass, Texas.

January 17, 2024

Technology and Innovation
The Crypto Question: Bitcoin, Digital Dollars, and the Future of Money

The dizzying rise of bitcoin and other cryptocurrencies has created new challenges for governments and central banks. Increasing popularity and high levels of market volatility have raised the stakes…

A technician inspects the backside of a bitcoin mining operation in Quebec, Canada.

December 27, 2023

Artificial Intelligence (AI)
What Is Artificial Intelligence (AI)?

Artificial intelligence breakthroughs promise unprecedented opportunity but also economic, political, and social disruption. Experts say AI needs oversight to ensure the changes it engenders are for …

A woman stands on stage, appearing to fade away as she faces a metaphorical representation of AI.

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 12, 2023

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

A woman reads in front of a chalkboard in an outdoor classroom in Niger.

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 26, 2023

Trade
The Contentious U.S.-China Trade Relationship

Trade between the world’s two biggest economies has ballooned in recent decades, bringing significant benefits but also perils that have led to calls to rethink the relationship.

A Chinese technician wearing a facemask is cast in blue light as he works on a solar panel production line.

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 18, 2023

Economics
Is Industrial Policy Making a Comeback?

The threat of climate change and the rise of China have prompted renewed debate about the U.S. government’s role in shaping the economy.

Workers assemble Ford vehicles at the Chicago Assembly Plant in Chicago, Illinois.