The Fed is increasingly moving beyond its mandate to environmental and social policy - prompting criticism from economists.

>"Jerome Powell is set to be grilled on the US Fed's sharpest shift toward monetary tightening in decades"

"For political reasons, powerful people don’t want the country to pay its bills. History shows all that could go wrong."

"Some have asked: “Are we over-investing here?” The former Fed chair and current Treasury Secretary's response is “no” – and there are at least three compelling reasons, she writes for Yahoo Finance."

Biden Deals Blow to Crypto Industry, Backs Plan to Tax Proof-of-Stake Whats next step?? _...Read More_

>"Senator Mitch McConnell dropped his demand that Democrats promise to preserve the procedural weapon that can grind the Senate to a halt, but with President Biden’s agenda in the balance, the fight is not over."

McConnell is making it pretty clear that if Dems don't win the Georgia Senate races, he will cripple the American economy, hoping it will let the GOP win the _...Read More_

Owning actively traded shares can create conflicts of interest. Georgia’s Senate candidates agree. Will others? Mutual funds could be good for them.

Four years of Trump have surely changed the Democratic Party, which has become less concerned about debt and become more concerned about the structure of Congress preventing legislation from passing. Statehood for Washington, D.C., and _...Read More_

Biden will be inheriting an economy with serious problems. Things have improved markedly since the darkest days – at least, so far – of the pandemic back in the spring, but the economy remains in a dire _...Read More_

In recent days, the window of opportunity for additional coronavirus stimulus has gradually closed more and more as Republicans and Democrats continue talking past each instead of negotiating. On Friday Senate Majority Leader Mitch _...Read More_

[https://www.nytimes.com/2020/07/21/business/economy/shelton-federal-reserve-trump-senate.html?action=click&block=more_in_recirc&impression_id=658815947&index=0&pgtype=Article®ion=footer](https://www.nytimes.com/2020/07/21/business/economy/shelton-federal-reserve-trump-senate.html?action=click&block=more_in_recirc&impression_id=658815947&index=0&pgtype=Article®ion=footer) >"Trump’s two Federal Reserve _...Read More_