
Hunt Lawrence and Daniel J. Flynn
Elizabeth Warren outpointed Pete Buttigieg on the matter of “wine caves” in Thursday’s Democratic presidential debate. But on the domestic question of the times, health care, Warren tacitly submitted to Mayor Pete. Warren promised on Thursday that “in the first…
The Federal Reserve Bank of New York injected $86.4 billion into the repo market on Monday. This follows three months of the Fed intervening in a repo market it normally leaves to its own devices. When repurchase agreement (repo) rates…
“He stole it,” Joe Biden says of Pete Buttigieg’s “Medicare for All Who Want It” plan. The accusation came as part of Biden’s eight-day “No Malarkey” bus tour of Iowa, a state with an ever-shifting poll leader that currently sees…
The website CommonDreams.org highlights an article called “How to Win the Holiday Healthcare Debate With Your Conservative Relatives” that posits that “Uncle Joe would benefit from the change if he only knew the truth” about “Medicare for All,” counsels readers to…
President Donald Trump met with Federal Reserve chairman Jerome Powell on Monday. “Just finished a very good & cordial meeting at the White House with Jay Powell of the Federal Reserve,” the president tweeted. “Everything was discussed including interest rates,…
Some people miss their own irony. Elizabeth Warren’s plan to pay for a one-size-fits-all national health insurance includes the promise of “strengthening FTC [Federal Trade Commission] oversight over health care organizations, including non-profit hospitals, to crack down on anti-competitive behavior.”…
The Federal Reserve lowered its funds rate 25 basis points, the third such cut this year, on Wednesday to a 1.5 to 1.75 range. “Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability,” the…
The Federal Reserve Bank of New York injected $100 billion in repurchase agreements (repos) on Tuesday. Financial institutions undersubscribed on the $65 billion in overnight repos offered and oversubscribed on the $35 billion in the longer-term repos offered. The continued…
Pay no attention to that man behind the curtain. I’m shocked, shocked to find that gambling is going on in here. These are not the droids you’re looking for. In the movies, Frank Morgan, Claude Rains, and Alec Guinness deliver…
Elizabeth Warren seeks to prohibit federal judges from owning individual stocks. She wrote on Monday that “my plan would eliminate the appearance of impropriety by banning federal judges from owning or trading individual stocks, while allowing them to instead invest…