With characteristic vigor, Federal Reserve Bank of Chicago President Charles Evans had a message today for skeptics of the central bank’s unprecedented stimulus measures known as quantitative easing. From auto loans to mortgages and employment, all signs are pointing to...
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Photograph by Jonathan Alcorn/Bloomberg
Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago.
Evans to Fed Skeptics: QE Working
Photograph by Alex Wong/Getty Images
Secretary of Treasury Timothy Geithner arrives at the Capitol for meeting with congressional leaders on Nov. 29, 2012.
Geithner: Republicans Cede Debt Lever
This is Treasury Secretary Tim Geithner’s last day at work, and he is leaving with an exit interview snared by Politico in which the veteran warrior of the fiscal cliff wars suggests Republicans have ceded the debt ceiling as a...
Read more »Obama `Battle Hardened’ for Term Two
When Barack Obama held his first prime-time news conference as president, the financial crisis was at its peak and not a single Republican had voted for his economic stimulus bill. So he pleaded for their partnership. Four years later, this...
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Photograph by Andrew Harrer/Bloomberg
Ben S. Bernanke, chairman of the U.S. Federal Reserve.
Bernanke Unhappy Mortgage Rates Aren’t Even Lower
By Caroline Salas Gage, Jody Shenn and Heather Perlberg Record-low mortgage rates aren’t cheap enough for Federal Reserve Chairman Ben S. Bernanke. Bloomberg reports that the Fed is buying $45 billion of Treasuries and $40 billion of mortgage-backed securities each...
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Photograph by Charles Dharapak/AP Photo
Construction workers at a highway road project funded by the American Recovery and Reinvestment Act in Columbus, Ohio, on June 18, 2010.
Stimulus: No Longer a `Dirty Word?’
Stimulus is no longer taboo at the White House. President Barack Obama, who has refrained from using the term “stimulus” all year, let it slip three times in that off-the-record interview with the Des Moines Register. Under pressure, the White...
Read more »Car Battery-Maker’s Bankruptcy: `Loser’ Fodder for Romney Debate
Have Republicans finally found their electric-car “loser?” Today’s bankruptcy filing by A123 Systems Inc. may give the Romney-Ryan campaign, just in time for tonight’s presidential debate, a company that fits the label that it’s tried to hang on other recipients...
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Photograph by Scott Eells/Bloomberg
William C. Dudley
Fed Not Looking for `Hasty’ Exit
Written with Caroline Salas Gage William C. Dudley, president of the Federal Reserve Bank of New York, said the central bank won’t cut back record monetary stimulus too quickly when the economy begins to gain strength. “If we were to...
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Photograph by Corbis
President George W. Bush with his Senior Adviser Karl Rove in this 2005 file photo.
U.S. Debt: Very Short History Lesson
History lessons can be useful, and also misleading. The 60-second spot which a youth-oriented subsidiary of American Crossroads has produced, a “primer” opening with the (nearly) $16 trillion debt of the United States, suggests that the current administration is responsible for...
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Photograph by Brendan Smialowski/AFP/Getty Images
Federal Reserve Chairman Ben S. Bernanke on Capitol Hill.
Bernanke Weighs Risks as U.S. Economy Slows
It’s a tough call for Federal Reserve officials this week. Economic growth indicators have sputtered. Job creation in May and April slowed to 69,000 and 77,000 jobs respectively, not nearly enough to lower the unemployment rate below 8 percent. None...
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Photograph by Carolyn Kaster/AP Photo
White House Press Secretary Jay Carney
Jay Carney Lectures Reporters: Don’t ‘Buy into the B.S.’
White House press secretary Jay Carney, a former TIME magazine Washington bureau chief, put on his editor hat today. “Do not buy into the B.S. that you hear about spending and fiscal constraint with regard to this administration,” he told reporters on board...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
