U.S. Debt Ceiling Mechanism and Legislative Dynamics

U.S. Debt Ceiling Mechanism and Legislative Dynamics Summary The U.S. debt ceiling establishes a statutory limit on federal borrowing. Periodic legislative action is required to raise or suspend the limit to allow continued government financing. Failure to act can...

Nomination of Kevin Warsh as Federal Reserve Chair

Nomination of Kevin Warsh as Federal Reserve Chair Summary The President of the United States has formally announced the nomination of Kevin Warsh to serve as Chair of the Federal Reserve. The nomination initiates the statutory confirmation process in the U.S. Senate...

Possible Fed Leadership Decision Timeline Narrowed

Possible Fed Leadership Decision Timeline Narrowed Summary The U.S. executive branch is expected to announce a decision on the next Chair of the Federal Reserve within a narrowed timeframe. This development is procedurally significant due to the Federal Reserve’s...