The War Bill Comes Home
Wars are often presented as strategic necessities abroad. Their economic consequences, however, are eventually paid at home. The Trump administration is now asking Congress to...
Tag: Congress
Warsh’s New Fed: Hawkish Words, Flexible Hands
For the first time since taking over the Federal Reserve, Kevin Warsh has given investors a clearer insight into how he intends to run America’s...
America’s Iran War Is Becoming Trump’s Political Trap
For months, Donald Trump attempted to project absolute confidence over the Iran conflict. The war would be short. Iran would bend under pressure. Oil markets...
The New US Budget Playbook: Tax Cuts, Debt, and Denial
As Congress wrestles with another monumental budget resolution, the Republican Party—historically the self-proclaimed guardians of fiscal responsibility—finds itself in a somewhat awkward silence. The latest...
Where is American democracy heading?
The removal of McCarthy as Speaker of the House has plunged Congress into an internal power struggle. It faces critical deadlines to avoid a government...