| Dec 4, 2013
Is it too early to speculate? The 2016 political season will be here before you know it, and it's not hard to see how the run-up to that election already is having an impact on politics and policies in Washington.
Amid all the talk — and there's...
| Oct 8, 2013
| 6:30 PM
President Obama is preparing to nominate Janet Yellen as the next chair of the Federal Reserve, succeeding Ben Bernanke, according to a White House official.
Obama is expected to make the announcement on Wednesday at an afternoon event along with...
| Oct 10, 2013
Congress has spent much of the last three years stumbling about like a traveler who's lost his map, with no coherent strategy for bolstering the weak economy or putting more jobless Americans back to work. Meanwhile, the Federal Reserve has worked...
| Jul 18, 2013
| 7:09 PM
WASHINGTON — President Obama's choice for replacing Federal Reserve Chairman Ben S. Bernanke probably comes down to a quiet consensus builder, who would be a historic pick, or one considered brilliant but difficult to work with.
| Aug 1, 2013
Washington, D.C., is a generous and forgiving place. It's full of people who have had successful careers and made lots of money in spite of having been tragically wrong on the great issues of the day. But one sin warrants no mercy: being right.
| Aug 15, 2013
| 4:30 PM
In Washington, D.C., politics never takes a day off. But even in this city of nonstop campaigning, nobody's ever seen anything like this: a full-scale political campaign over who should replace Ben Bernanke as the next chairman of the Federal Reserve....
| Aug 19, 2013
| 3:26 PM
Much of the debate over who will be the next Federal Reserve chairman has focused on whether gender politics or the future of Fed monetary policy will be more determinative.
Of the two leading candidates, Janet Yellen, the Fed's vice chairman, favors...
| Aug 21, 2013
| 11:44 AM
WASHINGTON -- Forget about cutting interest rates. A Republican senator said he wouldn't even let Lawrence H. Summers, a leading contender to replace Federal Reserve Chairman Ben S. Bernanke, cut his lawn.
“I wouldn’t want Larry Summers to...
| Oct 9, 2013
| 10:50 AM
There is much to praise in President Obama's nomination of Janet Yellen as Federal Reserve chair. She's a superbly qualified economist with an excellent eye for emerging trends.
Yellen wasn't alone among Fed governors in predicting the coming...
| Sep 15, 2013
Everyone elected president comes into office modeling himself on some predecessor: Abraham Lincoln, Franklin Roosevelt, Ronald Reagan. But those who win re-election eventually end up wondering whether they should have emulated James K. Polk instead. Why?...
| Sep 17, 2013
Federal Reserve Chairman Ben S. Bernanke has presided over what may be the Fed's most aggressive intervention in the U.S. economy ever, acquiring trillions of dollars worth of securities in a multiyear effort to revive the sluggish economy. With...
| Sep 18, 2013
Re "Summers ends bid to be Fed chief," Sept. 16
In his letter to President Obama withdrawing his name from consideration for chairman of the Federal Reserve, Lawrence H. Summers wrote that he "reluctantly concluded that any possible confirmation process...