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Jim Tankersley
Posts
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Republican Economists Line Up Behind Biden Nominee
Jared Bernstein, the president’s choice to chair the Council of Economic Advisers, won praise for his work that led to a provision in the Trump...
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How Silicon Valley Bank’s Failure Could Have Spread Far and Wide
New research suggests large parts of the country remain vulnerable to widespread bank failure in the event of a run on deposits.
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Latest Jobs Data Hints at a Slowdown That President Biden Needs
Robust growth in jobs has delighted the White House and helped the economy avoid a recession, but it has been accompanied by persistently high inflation.
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Latest Jobs Data Hints at a Slowdown That President Biden Needs
Robust growth in jobs has delighted the White House and helped the economy avoid a recession, but it has been accompanied by persistently high inflation.
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Top Economist Leaves White House, and an Economy Not Yet ‘Normal’
Cecilia Rouse says lingering effects of the coronavirus pandemic continue to haunt the recovery from recession — and drag on Americans’ optimism for the economy.
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Biden Calls for Regulators to Increase Oversight of Certain Banks
The proposals, which would not require congressional approval, are a response to Silicon Valley Bank’s failure earlier this month, which sent shocks through the financial...
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Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.
Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind...
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Fed Meeting Holds High Stakes for Biden
The president is counting on the central bank to strike the right balance on jobs and inflation — and to prevent a spiraling financial crisis.
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In Budget Talks, Biden Rejects Hard Choices of the Past
The president has met Republican demands for debt reduction with a plan to trim deficits by taxing companies and the rich.
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Missing From Biden’s Budget: His Plan for Social Security
Like the president’s previous budgets, his latest proposal made no mention of any tax or spending increases linked to the program, which he had promised...