Congress
- US Policy
- US Policy
Congress Averts Rail Strike
In my youth I worked on Capitol Hill running a House and Senate office. It gave me an inside view of how Congress operates, and one of the secrets is that Congress can move with remarkable speed if they want. While we all know about the filibuster, partisan deadlock, and...
- US Policy
Fed releases November FOMC minutes, Congress returns
Last Wednesday the Federal Reserve released the minutes from the November FOMC meeting. At the time of the meeting the Committee released a rather dovish statement that was followed by a more hawkish Chair press conference. At the time I cautioned that, while hawkish, the Chair made clear that a...
US Policy
Fed Minutes and Lame Duck Congress
While Wednesday may be a slow news day as investors and everyone else make final preparations for putting turkeys in the oven, for financial markets...
US Policy
New Congress leadership decided, much work to do before yearend
This past week saw the framework established for the new Congress which gets sworn in on January 3. Speaker Nancy Pelosi ended her 20 years...
US Policy
Congress returns, Powell speaks, Midterms only 2 months away
The Senate returns today and the House next week with one must-pass bill on the agenda – Continuing Resolution (CR). The US government’s fiscal year...
- US Policy
Fed reaction, Congress in September, and Midterms
The long awaited speech by Fed Chair Powell set the tone for further rate increases as markets anticipate the next meeting of the Federal Open Markets Committee (FOMC) on September 20/21. As Chair Powell spoke he was likely haunted by his remarks in 2021 when he addressed the potential transitory...
US Policy
Powell speaks, Congress agenda and Midterms
Friday could be a big day for Fed Watchers as Chair Jay Powell will address the annual gathering of Fed officials and economists at Jackson...
US Policy
Fed and Congress home stretch
Next week the Fed’s long anticipated July meeting of the Federal Open Markets Committee (FOMC) occurs on Tuesday and Wednesday. At the conclusion of the...
US Policy
Russia trade legislation proceeds as Congress goes home for recess, Fed watch is on, Early look at 2022 Election
:Congress passes legislation stripping Russia of favorable trade treatment with US.Fed telegraphing 50bps rate hike in May.Midterm elections: House likely to flip, Senate tight races,...
US Policy
Congress on recess with busy month of March ahead, Ukraine dominates news
The world is focused on Putin’s Made in Russia Ukraine crisis. Russia has leverage provided by its role in providing oil and gas to Europe,...
