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The committee voted 13-12, along strict party lines, to approve the nomination of Carnegie Mellon professor Marvin Goodfriend. (AP Photo/Jacquelyn Martin)
Economy

Trump’s Fed nominee barely escapes Senate committee vote

Joseph Lawler -
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In his State of the Union address, President Trump was optimistic about the stock market. A week later, the Dow Jones fell in anticipation of higher interest rates due to an improving economy. (AP Photo/Richard Drew)
Economy

If Trump talks bull, he needs to beware the bear

Washington Examiner -
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President Trump touted the stock market's performance during his first State of the Union address, a few days before the Dow shed 666 points. (AP Photo/Evan Vucci)
Business

Trump learns perils of promoting the stock market

David M. Drucker -
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Job growth remains strong and growing business confidence is likely to continue rising in light of corporate tax reform. (AP Photo/Richard Drew)
Beltway Confidential

Why you shouldn’t worry about the markets

Tom Rogan -
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The author of the tax legislation noted that the sell-off began after the jobs report showed wages rising at the fastest clip of the recovery, raising expectations of faster interest rate increases from the Federal Reserve. (AP Photo/J. Scott Applewhite File)
Economy

Kevin Brady: Stock plunge reinforces benefits of tax bill

Joseph Lawler -
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The U.S. stock-market selloff that began Friday with drops of 666 points on the Dow Jones Industrial Average didn't let up Monday. (AP Photo/Richard Drew)
Business

Here’s why the Dow is dropping

James Langford -
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The stock market closed sharply lower, extending a weeklong slide, as the Dow Jones industrial average plunged more than 600 points. (AP Photo/Richard Drew)
Economy

Dow closes down more than 1,100 points, after plunging as much as 1,500

Joseph Lawler -
0
Jerome Powell takes the oath of office as the new chairman of the Federal Reserve, Monday, Feb. 5, 2018, in Washington. (AP Photo/Andrew Harnik)
Economy

Jerome Powell pledges ‘vigilance’ as he begins tenure at the Fed

Joseph Lawler -
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Incoming Federal Reserve Chairman Jerome Powell (pictured left) not only has President Trump's endorsement, but also the support of most Republican senators. That support could help him through difficult economic scenarios in the years ahead. Otherwise, though, he's mostly expected to carry out policy as Janet Yellen, his predecessor, would have. (AP Photo/Carolyn Kaster)
Economy

What to expect from the Jerome Powell era at the Federal Reserve

Joseph Lawler -
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Wells Fargo agreed to a $1 billion settlement over auto- and mortgage-lending practices, and its growth has been capped by the Federal Reserve.
Business

Fed’s crackdown on Wells Fargo will curb 2018 profit by $400 million, CEO says

James Langford -
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