Judy Shelton
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Judy Shelton
Judy Lynn Shelton (born 1954/55) is a former American economic advisor to President Donald Trump in his first term. She is known for her advocacy for a return to the gold standard and for her criticisms of the Federal Reserve (which she has compared to the Soviet Union's economic planning). Trump announced on July 2, 2019, that he would nominate Shelton to the Fed. Her nomination stalled on November 17, 2020, with a 47–50 vote in the Senate, and her nomination was eventually withdrawn by President Joe Biden in February 2021. During the Obama presidency, she advocated for a tight monetary policy, but reversed her position during Trump's first presidency, when Trump advocated for a loose monetary policy (lower interest rates). Her nomination was held up in the Senate, as senators of both parties were skeptical of her. However, shortly after Joe Biden won the presidential election, Senate Republicans appeared to move ahead to confirm her. More than 100 economists, including seve ...
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Los Angeles
Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, cultural center of Southern California. With an estimated 3,878,704 residents within the city limits , it is the List of United States cities by population, second-most populous in the United States, behind only New York City. Los Angeles has an Ethnic groups in Los Angeles, ethnically and culturally diverse population, and is the principal city of a Metropolitan statistical areas, metropolitan area of 12.9 million people (2024). Greater Los Angeles, a combined statistical area that includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is a sprawling metropolis of over 18.5 million residents. The majority of the city proper lies in Los Angeles Basin, a basin in Southern California adjacent to the Pacific Ocean in the ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Chuck Grassley
Charles Ernest Grassley (born September 17, 1933) is an American politician serving as the president pro tempore of the United States Senate since 2025, a role he also held from 2019 to 2021. A member of the Republican Party (United States), Republican Party, Grassley is the Seniority in the United States Senate, senior United States senator from Iowa, serving since 1981. He is the dean of the United States Senate. Before becoming a senator, Grassley served eight terms in the Iowa House of Representatives (1959–1975) and three terms in the United States House of Representatives (1975–1981). He has served three stints as United States Senate Committee on Finance, Senate Finance Committee chairman during periods of Republican Senate majority. Upon the retirement of Orrin Hatch on January 3, 2019, Grassley became the Senate's most senior Republican and its president pro tempore of the United States Senate, president pro tempore. Upon Patrick Leahy's retirement in January 2023, ...
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Rick Scott
Richard Lynn Scott ( Myers; born December 1, 1952) is an American attorney, businessman, politician, and United States Navy, Navy veteran serving as the Seniority in the United States Senate, senior United States senator from the state of Florida, a seat he has held since 2019. A member of the Republican Party (United States), Republican Party, he served two terms as the 45th governor of Florida from 2011 to 2019. Scott is a graduate of the University of Missouri–Kansas City and the Dedman School of Law at Southern Methodist University. In 1987, after serving in the U.S. Navy and becoming a law firm partner, he co-founded Columbia Hospital Corporation. Columbia later merged with another corporation to form Columbia/HCA, which eventually became the nation's largest for-profit health care company. Scott was pressured to resign as chief executive of Columbia/HCA in 1997. During his tenure as chief executive, the company defrauded Medicare, Medicaid, and other federal programs ...
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MarketWatch
''MarketWatch'' is a website that provides financial information, business news, analysis, and stock market data. It is a subsidiary of Dow Jones & Company, a property of News Corp, along with ''The Wall Street Journal'' and '' Barron's.'' History The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995. The marketwatch.com domain name was registered on July 30, 1997. The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer and co-founder and chairman, Derek Reisfield. Thom Calandra was its first editor-in-chief. In 1999, the company hired David Callaway and in 2003, Callaway became editor-in-chief. In January 1999, during the dot-com bubble, the company became a public company via an initial public offering. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a market capitalization of over $1 billion despite o ...
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Nobel Memorial Prize In Economic Sciences
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (), commonly referred to as the Nobel Prize in Economics(), is an award in the field of economic sciences administered by the Nobel Foundation, established in 1968 by Sveriges Riksbank (Sweden's central bank) to celebrate its 300th anniversary and in memory of Alfred Nobel. Although the Prize in Economic Sciences was not one of the original five Nobel Prizes established by Alfred Nobel's will, it is considered a member of the Nobel Prize system, and is administered and referred to along with the Nobel Prizes by the Nobel Foundation. Winners of the Prize in Economic Sciences are chosen in a similar manner to and announced alongside the Nobel Prize recipients, and receive the Prize in Economic Sciences at the Nobel Prize Award Ceremony. The laureates of the Prize in Economic Sciences are selected by the Royal Swedish Academy of Sciences, which ...
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Senate Republican Conference
The Senate Republican Conference is the formal organization of the Republican Party (United States), Republican senators in the United States Senate. Over the last century, the mission of the conference has expanded and been shaped as a means of informing the Mass media, media of the opinions and activities of Senate Republicans. The Senate Republican Conference assists Republican senators by providing a full range of communications services including graphics, radio, television, and the Internet. Its Republican Conference Chairman of the United States Senate, chairman is Senator Tom Cotton, and its Republican Conference Vice-Chair of the United States Senate, vice chairman is Senator James Lankford. Conference hierarchy Effective , the conference leadership is: *John Thune (South Dakota, SD) as Party leaders of the United States Senate, Senate Majority Leader *John Barrasso (Wyoming, WY) as Senate Majority Whip *Tom Cotton (Arkansas, AR) as Chairman of the Senate Republican C ...
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Axios (website)
''Axios'' (styled ΛXIOS in the logo) is an American news website based in Arlington, Virginia. It was founded in 2016 and launched the following year by former ''Politico'' journalists Jim VandeHei, Mike Allen, and Roy Schwartz. The site's name is based on the (), meaning "worthy of". ''Axios'' articles are often brief to facilitate quick reading; most are shorter than 300 words and use bullet points. In addition to news articles, ''Axios'' produces daily and weekly industry-specific newsletters (including Allen's ''Axios AM'', a successor to his newsletter '' Politico Playbook'' for ''Politico''), and two daily podcasts. On September 1, 2022, Cox Enterprises completed its acquisition of ''Axios''. History VandeHei said he wanted ''Axios'' to be a "mix between ''The Economist'' and Twitter". The company initially covered a mix of business, politics, technology, health care, and media. VandeHei said ''Axios'' would focus on the "collision between tech and areas such as ...
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Easy Money Policy
An easy money policy is a monetary policy that increases the money supply usually by lowering interest rates. It occurs when a country's central bank decides to allow new cash flows into the banking system. Since interest rates are lower, it is easier for banks and lenders to loan money, thus likely leading to increased economic growth. Effects The most immediate effect of easy money, if implemented when the economy is below capacity, may be increased economic growth. In addition, the value of securities rises in the short term. If prolonged, the policy affects the business sentiment of firms and can reverse course over fears of rampant inflation. This is an effect of forward-looking expectations. Criticism As a policy, easy money underpins the economic thought of John Maynard Keynes, and has been criticized by advocates of public choice theory and by New Classical economists. A study conducted by S.P. Kothari of the MIT Sloan School of Management, which looked at the grow ...
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First Presidency Of Donald Trump
Donald Trump's first tenure as the president of the United States began on January 20, 2017, when Trump First inauguration of Donald Trump, was inaugurated as the List of presidents of the United States, 45th president, and ended on January20, 2021. Trump, a Republican Party (United States), Republican from New York (state), New York, took office following his United States Electoral College, electoral college victory over Democratic Party (United States), Democratic nominee Hillary Clinton in the 2016 United States presidential election, 2016 presidential election. Upon his inauguration, he became the first president in American history List of presidents of the United States by previous experience, without prior public office or military background. Trump made an unprecedented number of False or misleading statements by Donald Trump, false or misleading statements during his Donald Trump 2016 presidential campaign, 2016 campaign and first presidency. Alongside Trump's pres ...
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Presidency Of Barack Obama
Barack Obama's tenure as the 44th president of the United States began with his first inauguration on January 20, 2009, and ended on January 20, 2017. Obama, a Democrat from Illinois, took office following his victory over Republican nominee John McCain in the 2008 presidential election. Four years later, in the 2012 presidential election, he defeated Republican nominee Mitt Romney, to win re-election. Alongside Obama's presidency, the Democratic Party also held their majorities in the House of Representatives under Speaker Nancy Pelosi and the Senate under Senate Majority Leader Harry Reid during the 111th U.S. Congress. Obama is the first African American president, the first multiracial president, the first non-white president, and the first president born in Hawaii. Obama was succeeded by Republican Donald Trump, who won the 2016 presidential election against Obama's preferred successor, Hillary Clinton. Historians and political scientists rank him among the upper ...
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The Hill (newspaper)
''The Hill'', formed in 1994, is an American newspaper and digital media company based in Washington, D.C. Focusing on politics, policy, business and international relations, ''The Hill''s coverage includes the U.S. Congress, the presidency and executive branch, and election campaigns. Its stated output is "nonpartisan reporting on the inner workings of Government and the nexus of politics and business". The company's primary outlet is ''TheHill.com''. ''The Hill'' is additionally distributed in print for free around Washington, D.C., and distributed to all congressional offices. It has been owned by Nexstar Media Group since 2021. In 2020, ''The Hill'' was ranked second for online politics readership across all news sites, behind only CNN, remaining ahead of ''Politico'', Fox News, NBCNews.com, and MSNBC. ''The Hill'' had around 32 million monthly viewers in 2023. History Founding and early years The company was formed as a newspaper in 1994 by Democratic power broker ...
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