President Biden
White House eyes pick for top banking regulator role
White House begins testing congressional support for former Obama Treasury official
Bank mergers risk delays as Biden administration shows its hand
New appointments set up a review of the rules
5 min read
House Democrats set to propose increase in corporate tax rate to 26.5%
Lawmakers are expected to propose a smaller capital gains tax increase than Biden wants
5 min read
El-Erian: A promising moment in America’s recovery
Optimism about the country’s economic prospects opens a valuable window for the administration to address the complex policy challenges it is facing in 2021 and beyond
4 min read
$1.9tn is too much stimulus and it eclipses the economic benefit
The extra spending is more than double the output gap and is unlikely to generate the intended multiplier effect
4 min read
