The Federal Reserve's Next Hundred Years
President Obama ignited a contest over who will be the next Federal Reserve chairman when he hinted in a June television interview that Ben Bernanke would be replaced when his term expires at the end of January. Lost in the current battle of personalities is what really matters—the policies that the...
Employment Report Comes Up Short, Again
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, today cited the Bureau of Labor Statistics (BLS) report that the economy added 162,000 nonfarm payroll jobs and 161,000 private sector jobs in July as further proof that the administration’s current economic policies are not working...
JEC Employment Hearing CANCELLED
The previously scheduled hearing on the Employment situation for the BLS employment situation report released on August 2 has been cancelled.
The Fed Continues to Spike the Punch Bowl
Rep. Kevin Brady (R-TX), Chairman of the Joint Economic Committee, today released the following statement in reaction to the Federal Open Market Committee (FOMC) decision to keep in place its low interest rate policy and program of purchasing U.S. Treasury securities and residential mortgage-backed ...
