When the Fed meets to decide its monetary policy on Wednesday, Jan. 29, we believe it should continue tapering its bond buying program and let interest rates rise. Why? Low interest rates and low inflation are having a negative impact on the vast majority of American families.
This prestigious award is given to former government officials who exemplify excellence in public service. Past honorees include Robert Gates and Sandra Day O’Connor.
Hark. Do you hear it? That sound of ringing bells coming from the nation’s capital as we enter the holiday season? Is it Salvation Army Santas taking to the street corners? Church campaniles playing “Carol of the Bells?” Or maybe angels getting their wings a la the Christmas classic It’s a Wonderful Life?
It’s tough being a regulator. Regulate “too much” and confront a chorus of critics who say you are constraining the public’s ability to borrow money. Regulate “too little” and you face attacks for letting irresponsible lenders make abusive loans to vulnerable borrowers.