Joe Manchin has performed it yet again. The senator from West Virginia threw a wrench yesterday into yet another essential component of President Biden’s climate agenda. This time, it’s the nomination of Sarah Bloom Raskin to be the Federal Reserve’s major banking regulator, a purpose that entails monitoring rising risks […]
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Corporations are rushing to issue more debt amid the Federal Reserve’s messaging that it may move quicker to tighten the spigot on its easy money policies. Despite the emergence of the Omicron variant, Fed Chairman Jerome Powell and a chorus of other Fed officials recently signaled they were likely to […]