The Fed chair’s first meeting was largely uneventful but laid the groundwork of challenges for his tenure. The post Is Warsh His Own Man? appeared first on The American Conservative .
Politics Is Warsh His Own Man? The Fed chair’s first meeting was largely uneventful but laid the groundwork of challenges for his tenure. (Photo by Chip Somodevilla/Getty Images) President Donald Trump is nothing if not a real estate developer. He has long argued for looser monetary policy from the Federal Reserve during his tenures to stimulate the broader economy, push up the stock market, and lower mortgage rates. He was not without his partisans on the Board of Governors: Stephen Miran, during his short tenure, acquiesced to those requests and remained one of the central bank’s most aggressive advocates for rate cuts until he stepped down from the role. . Kevin Warsh, the new chairman, has taken the stage as the main character at…Open
The country is in desperate need of state capacity, or at least some space to breathe. The post In President Keiko, Peru has a Chance for Stability appeared first on The American Conservative .
Latin America In President Keiko, Peru has a Chance for Stability The country is in desperate need of state capacity, or at least some space to breathe. Peru appears to have kicked a habit that many suspected was ingrained: It has almost certainly elected Keiko Fujimori as the next president by a narrow margin. Although the counting up of the final votes and the recounts will go on for some time, by all appearances Keiko has secured a knife-edge victory—her margin of victory will probably be less than half a percent. The victory marks a welcome reversal for Peru’s highest profile politician: Keiko herself has lost the past three presidential elections, the most recent two by less than half a percent. The trend had many speculating that…Open