Treasury

The Federal Reserve Keeps Buying Mortgages

Runaway house price inflation continues to characterize the U.S. market. House prices across the country rose 15.8% on average in October 2021 from the year before. U.S. house prices are far over their 2006 Bubble peak, and remain over the Bubble peak even after adjustment for consumer price inflation.

It’s Now or Never: What’s Behind Dems’ Push for Changing Senate Rules & Passing Voting Rights Bills?

Senate Democrats have linked the Capitol protests anniversary to the necessity to pass the Freedom to Vote Act and the John Lewis Voting Rights Advancement Act as soon as possible.

How We Will Win

We enter 2022 with the hope and optimism made possible only by the most clear-eyed assessment of reality.

Is the Crack-up Boom Here?

Bloomberg News recently solicited advice from Argentinians who lived through that country’s high inflation on how Americans should cope with rising inflation.

Biden administration to fill in wall gaps and clean up border in three states

The Biden administration has given border officials the green light to fill in some of the gaps in unfinished Trump-era wall projects, as well as resolving environmental issues and cleaning up remaining construction sites nearly a year after activity was halted.

Chinese Military Developing ‘Brain-Control’ Weapons, Biden Responds

Amid concerns about Beijing's use of emerging technologies, the administration adds China's top military medical research institute to an export blacklist.

Surging Inflation Could See Millions of American Households Paying $3,500 in Additional Expenses This Year

Surging inflation will cost millions of Americans more than $3,000 in additional expenses this year, according to a Penn Wharton University of Pennsylvania Budget Model (PWBM) analysis published on Wednesday.

Congress Votes to Raise Debt Ceiling by $2.5 Trillion

Party politics were on full display as the House and the Senate debated.

Bill that Biden says pays for itself actually adds $3 trillion to deficit, CBO warns

West Virginia Democratic Sen. Joe Manchin, a pivotal vote for the Democrats on the bill, calls the CBO's latest cost analysis "very sobering."

Biden Plan to Combat Corruption Includes New Real Estate Rules

The White House’s new plan to combat corruption—both domestically and overseas—seeks to, among other things, add new regulations on the real estate industry.

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