A moderate Democrat beat a moderate Republican to win the governor’s race in Virginia last week. Latino Victory Fund But a campaign ad by the Latino Victory Fund was anything but moderate. It featured an Ed Gillespie stand-in chasing minority chi…

President Trump’s nomination of Jerome Powell as the next chairman of the Federal Reserve System is a bet that he will continue Janet Yellen’s policies and not rock financial markets. The expectation is that Powell will follow the Fed’s already-announced normalization schedule, which calls for slowly reducing…

The post Powell’s Challenge: Unwinding the Fed’s Unconventional Monetary Policy appeared first on Alt-M.

The president just announced his pick to chair the Federal Reserve  System. Subject to Senate confirmation, current Fed governor Jerome “Jay” Powell will succeed Janet Yellen as Fed chair in February 2018. Market reaction to this announcement has been sanguine, with commentators describing Powell as the “continuity candidate.”…

The post Trump Taps Jerome Powell to Chair Fed appeared first on Alt-M.

Special Counsel Robert Mueller busted Paul Manafort on Monday. The charges included money laundering, tax evasion and failure to register as a foreign agent. But there was no mention of President Trump colluding with Russians to steal the election. Whi…

In 1980 Ronald Reagan debated George H W Bush in the New Hampshire primary. The debate was sponsored by the Nashua Telegraph. But the FEC ruled it violated election regulations. So the Reagan Campaign took over sponsorship of the debate. When the day o…