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June 12, 2018

Palestinian Territories
Prince William (and the Foreign Office) in Jerusalem

I’ve written many times about the British royal family’s remarkable record of refusing to make an official visit to Israel while making scores of visits to Arab capitals. That will change in a matter…

November 15, 2018

United States
Presidents and War Powers

PDF Version. A review of Michael Beschloss, “Presidents of War” (Crown Books, 2018).  *** The U.S. Constitution vests the president with “executive power” and provides that “The President sh…

Lectern with presidential seal

November 10, 2018

United States
Happy 243rd Birthday to the United States Marine Corps!

The Marine Corps turns 243 years-old today. On November 10, 1775, the Continental Congress adopted a resolution to create a Marine force composed of two battalions. Since then, the Marines have been …

USMC birthday

November 8, 2018

Monetary Policy
The Role of the U.S. Federal Reserve

The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financia…

Federal Reserve

November 7, 2018

Brazil
Brazil’s Corruption Fallout

Federal investigators in Brazil have uncovered corruption at the highest levels of the government and in the country’s largest corporations.

A Petrobras refinery in Cubatao, Brazil.

November 1, 2018

International Organizations
The IMF: The World’s Controversial Financial Firefighter

The International Monetary Fund, both criticized and lauded for its efforts to promote financial stability, continues to find itself at the forefront of global economic crisis management.

IMF Director Christine Lagarde

October 15, 2018

Economics
New Interactive Reports on Women's Economic Empowerment

Closing the gender gap in the workforce could add a staggering $28 trillion to the global GDP—yet most countries still have laws that make it harder for women to work than men. Two new CFR interactiv…

A worker during the manufacturing process for a tablet computer at a factory in Egypt.

October 1, 2018

United States
How Does the U.S. Spend Its Foreign Aid?

With President Donald J. Trump advocating for deep cuts to U.S. foreign aid, debate has renewed over the role of foreign assistance funds in boosting growth, promoting democracy, and saving lives.

Foreign-Aid-BGR-Header-1160x630.jpg

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.

July 12, 2017

Israeli-Palestinian Conflict
Consideration of the Taylor Force Act

Elliott Abrams testified before the Senate Committee on Foreign Relations on Wednesday, July 12, 2017, discussing the Taylor Force Act.