The Fed Tries to Steer Clear of Politics, But Election Year Is Making It Tough

The Fed Tries to Steer Clear of Politics, But Election Year Is Making It Tough

Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.
Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants

Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants

The $6.1 billion for Micron, to shore up the domestic supply of semiconductors, comes after a key union endorsement and passage of an aid bill central to the president’s foreign policy agenda.