Neel Kashkari is a former Goldman Sachs Golden Boy who left that infamous organization to join the Treasury Department, where he was responsible for overseeing $700 billion in bailouts to his former employer and other Wall Street firms. Now he wants to run for governor of California on that record.
Sin and Redemption, often the cry of the religious right politicians, a possibility for the Federal Reserve Bank to restore its reputation. Through Q...
Digital representation of money and mathematical protocols take a lot less space than physical cash and require no brick-and-mortar security.
It is time for courage in front of those who play the credit of the United States of American at the Russian roulette. There is a moment when giving the authority to a small group of extremists to threaten the Nation is purely and simply unconstitutional and unethical.
Perhaps just the threat of this equitable solution will move the small thinking destructive clique, who would ransom the world economy to further political goals, to move on and deal with politics in a more reasoned manner.
The latest report on the Consumer Price Index (CPI) shows inflation edged up only 0.1 percent in August, less than expected. And the year-over-year inflation rate is only 1.15 percent. So is that good news, or bad?
If this government finally wants to send a signal to Main Street that it is no longer in the embrace in the tentacles of Wall Street, there is one person who won her spurs in spirited confrontation with Wall Street's power brokers and can wear their enmity as a badge of honor.
We both took time in a deserted New York City office building on the Friday before the last, long summer holiday weekend, to discuss something that affects every professional, but puts most people to sleep!
Are threats to oppose a debt ceiling increase ever defensible? More specifically, can they ever be justified as a form of leverage--as a tool to force...
Where these people will go after government is hard to predict, but the odds are pretty high that they will return to their corporate, and highly profitable, roots.
It is bizarre that Summers would be seriously considered as the next Fed chair. Memories tend to be short in Washington, but those of us removed from elite circles know that Summers' policies played a central role in setting up the economy for the crash.
After years of creating rules that allow multinational corporations to shift profits and income to whatever jurisdiction they like, the OECD is now very concerned about base erosion. But just how concerned is the OECD about preventing BEPS, and does its position really matter?
As the elections signified, it is the Iranian people who will ultimately shape the destiny of Iran. And it is the Iranian people who have borne the brunt of sanctions, and it is these human impacts that must always be at the forefront of U.S. sanctions policy considerations.
Enough already: it's time to stop talking about tax reform. Not about necessary and useful changes to the tax code - by all means, let's talk about th...
The IRS is seriously and dangerously broken. This is not only unfair to the many dedicated public servants at the IRS; it's unfair to all of us. Get to the truth. Arbitrarily punishing the IRS isn't going to help any more than blindly defending the agency.
Lew was offered a $940,000 bonus from Citigroup if he could land a job in government. That's one hell of a carrot. And here he is interviewing for Geithner's job.