Miscellaneous

Ideological Opposition and a Curious Quorum Conundrum Bedevil EXIM (July 6)

Update 284 — Ideological Opposition and a Curious Quorum Conundrum Bedevil EXIM One of the most glaring examples of the feckless approach of the Trump administration to running the federal government is its approach to the Export-Import Bank. A late convert to the value of the Bank, Trump’s mix of active efforts to undermine the …

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Bank to the Future or Going Postal? (May 31)

Update 275 – Bank to the Future or Going Postal? S. 2755 and Postal Banking’s Promise and Pitfalls Last month, Sen. Kirsten Gillibrand introduced S. 2755, the Postal Banking Act.   The bill would establish retail banking services at every U.S. post office and authorize the U.S. Postal Service (USPS) to offer checking and savings accounts, small-dollar loans, …

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A Litter of Legislation (Nov. 21)

Update 227 — A Litter of Legislation: Assessing the Viability of HFSC’s 23 New Bills Last week, House Financial Services (HFSC) reported out some 23 bills ranging from benign to systemically risky.  Speaking of systemic risk, in last Friday’s update on the Crapo financial regulation bill, we wrote that the bill “would end the annual …

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Recess Recap Trump's Economic Policy Scorecard (Apr. 6)

Update 172 Recess Recap Trump’s Economic Policy Scorecard As Congress prepares to go on a two-week recess, the Trump administration enters April with has no legislative productivity on big ticket items to its credit, its dreams of passing anything significant before August, a stated tax reform goal, looking remote.   Trump  made many campaign promises …

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SOTU Spectacular — Anything to see here? (Feb. 28)

Update 166: SOTU Spectacular — Anything to see here?  Tonight at 9 pm ET, Millions will be drawn to the TV as Donald Trump makes his first presidential address to Congress.  The anticipation reflects the ongoing and increasing uncertainty about the administration’s policy, which has been eccentric, fluid, and vague on issues of  national concern like job creation …

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Trump Markets on SOTU-Eve — Rhetoric, Rally, and Reality (Feb. 27)

Update 165:  Trump Markets on SOTU-Eve — Rhetoric, Rally, and Reality  A couple of hours ago, the Senate okayed Wilbur Ross for Commerce Secretary on a 72-27 vote.  He is expected to square the administration’s four percent growth imperative with its hostility toward multilateral trade agreements, domestic spending cuts, even immigration and other commercial restrictions. Amid the …

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Jobs, Good Wages, and Statistics (Nov. 4)

Mike & Co., Today marked the last new national economic data that voters will see before the elections on Tuesday and they have proved very good for the country.  Today’s BLS data indicated important proof of a strengthening recovery that redounds to HRC’s advantage. Below we outline the most important details of the job report, as well as …

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