U.S. President-elect Donald Trump’s plans to increase spending on infrastructure while cutting taxes would endanger public finances, Economics Nobel laureate Oliver Hart said on Wednesday. With much infrastructure in the United States in bad shape, increased spending could be good even if the ...

BING NEWS:
  • Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
    The Wall Street Journal reported that Trump's advisors are making a plan that would give Trump the authority to oust Powell from the Federal Reserve.
    04/26/2024 - 4:07 am | View Link
  • Trump allies are drawing up plans to make the Fed less independent, report says
    Trump allies have drafted proposals to rein in Fed independence and align the central bank with the administration's interests, the Journal reported.
    04/26/2024 - 3:12 am | View Link
  • Would Trump Move to Control the Fed?
    Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy.
    04/26/2024 - 1:21 am | View Link
  • Trump Allies Draw Up Plans to Blunt Fed’s Independence
    Some former Trump administration officials argue that the president could help set interest rates and oust Jerome Powell as Federal Reserve chair.
    04/25/2024 - 2:00 pm | View Link
  • Choosing the next Nobel Laureate
    They may not be able to name a winner, but if you say the words “Nobel Prize” to the person standing next to you—whether you’re in South Carolina or Switzerland—chances are high they’ll know what ...
    04/17/2024 - 1:00 pm | View Link
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