What the insurrection at the U.S. Capitol means for economic recovery

Jan 6, 2021
"The highest priority that Congress has is restoring stability and creating certainty," said Wendy Edelberg of Brookings.
Supporters of President Donald Trump protest after breaking into the U.S. Capitol on Jan. 6.
Roberto Schmidt/AFP via Getty Images

The business world hasn't quite grappled with protesters storming the U.S. Capitol

Jan 6, 2021
Sudeep Reddy, managing editor at Politico, joined Marketplace host Kai Ryssdal to discuss the events in Washington and how business leaders are reacting.
Tear gas is deployed against pro-Trump protesters attempting to enter the U.S. Capitol on Wednesday. The disruption of government unnerved some business leaders, who value stability.
Tasos Katopodis/Getty Images

Trump supporters storm U.S. Capitol, clash with police

Jan 6, 2021
Dozens breached security perimeters and lawmakers inside the House chamber were told to put on gas masks as tear gas was fired in the Rotunda.
Rioters supporting President Donald Trump break into the U.S. Capitol on Jan. 6 in Washington, D.C.
Win McNamee/Getty Images

2020 presidential election: a tale of two economies

Nov 12, 2020
A new report from the Brookings Institution says counties where the majority of voters supported President-elect Joe Biden are responsible for a much larger share of economic activity than those that supported President Trump.
A Trump-Pence campaign sign is seen in Westby, Wisconsin, in October.
Kerem Yucel/AFP via Getty Images

Biden wins White House, vowing new direction for divided U.S.

Nov 7, 2020
Kamala Harris makes history as the first woman and the first person of color vice president-elect.
Joe Biden and Kamala Harris, at a rally in August, are headed to the White House after the Associated Press called the presidential race Saturday.
Olivier Douliery/AFP via Getty Images

And the winner is ... Yep, economists have models for every outcome

Nov 4, 2020
When variables include who will be president and who controls Congress, GDP and unemployment forecasts look very different.
A Democratic sweep would likely mean more and larger coronavirus relief packages, driving economic growth.
Sarah Silbiger/Getty Images

A president and his Fed chair clash. Sound familiar?

Oct 27, 2020
Trump has pressured the head of the Federal Reserve to lower interest rates. But he wasn't the first American leader to do so.
President Lyndon B. Johnson wanted to fire Fed Chair William McChesney Martin Jr. for hiking interest rates. But presidents can't do that, so Johnson gave him a tongue lashing instead and shoved him against a wall.
Keystone/Getty Images

For public good, not for profit.

Awash in red ink: U.S. posts record $3.1T 2020 budget deficit

Oct 16, 2020
The federal deficit for 2020 was three times the size of last year’s deficit. It was the government’s largest annual shortfall in dollar terms.
President Donald Trump listens as Treasury Secretary Steven Mnuchin speaks during a daily coronavirus press briefing in March.
Brendan Smialowski/AFP via Getty Images

Stocks rise as Trump tweets on stimulus keep market spinning

Oct 7, 2020
The president appeared to backtrack on his earlier decision to halt talks with Democrats over a new stimulus package.
Johannes Eisele/AFP via Getty Images

Small-dollar donors are playing a much bigger role in this year's campaigns

Oct 6, 2020
They now account for nearly a quarter of all donations. This year, they are giving more than PACs and super PACs combined
People watch the first debate between President Donald Trump and Democratic presidential nominee Joe Biden at The Abbey on Sept. 29 in West Hollywood, California.
Mario Tama/Getty Images