News

New York Stock exchange

The Fed Stokes “Bancomania”

by Nancy Spannaus Nov. 1, 2018—It should be no surprise that at its Oct. 31 (Halloween) meeting, the Federal Reserve decided to loosen regulations not only for the banks with a $250 billion net worth, but also for those with assets up to the $700 billion level. This decision reflects […]

by November 1, 2018 News
Fed Chairman Jerome Powell at his swearing-in (federalreserve.gov)

Will the Fed Deregulate Us Into a New Major Crisis?

October 30, 2018—Tomorrow, according to an Oct. 29 report in the American Banker, the Federal Reserve Board of Governors is expected to take up the matter of implementing S. 2155, the major banking deregulation bill that was passed in the spring of this year. “Specifically, the Fed will unveil details […]

by October 30, 2018 News
High-tech manufacturing in action. (DOD report)

DOD Manufacturing Report: American System Needed!

By Nancy Spannaus Oct. 17, 2018—After more than one year of study, a Defense Department task force set up by President Trump released a 139-page report  on Oct. 5 entitled “Assessing and Strengthening the Manufacturing and Defense Industrial Base and Supply Chain Resiliency of the United States.” Not surprisingly, it […]

by October 17, 2018 Commentary, News
This Hudson River Tunnel is more than 100 years old.

New York-New Jersey Leaders: Gateway Must Be Built!

by Nancy Spannaus Oct. 9, 2018—On September 4, dozens of elected officials, and leaders from the labor and business community in New Jersey held a press conference in Secaucus to demand that action be taken now to unblock federal funding for the Gateway Project that would replace the antiquated bridge […]

by October 9, 2018 Commentary, News
Video Available: Economic Experts Discuss Putting Wall Street Back in Its Box

Video Available: Economic Experts Discuss Putting Wall Street Back in Its Box

  Click here to watch video of the event held Wednesday, September 26, 2018 at the National Press Club,  in Washington, DC.

by September 30, 2018 Glass-Steagall, News
Historians discuss the Hamilton musical at the National Archives Sept. 27, 2018.

Standing Up for the Truth about Alexander Hamilton

By Nancy Spannaus September 28, 2018—Five of the historians who contributed to the recent book Historians on Hamilton took the stage at the National Archives last night, to address the question of “How a Blockbuster Musical is Restaging America’s Past.” While almost all of them had praise or appreciation for […]

by September 28, 2018 News
The Five Experts

Economic Experts: Put Wall Street Back in Its Box

By Nancy Spannaus Sept. 27, 2018—A blockbuster forum at the National Press Club last night brought together five economic experts to discuss the 2008 financial crash and what can be done to prevent a new one. Addressing the audience of approximately 100 people were: 1) Nomi Prins, former Wall Street […]

by September 27, 2018 News
Public Citizen's Lori Wallach

Public Citizen’s Lori Wallach: Time to Force a New NAFTA

Aug. 11, 2018–Lori Wallach, the Director of Global Trade Watch, a division of Public Citizen, addressed a very attentive and engaged meeting of citizens from the District, Maryland, and Virginia at Cleveland Park Library on August 9.  Wallach was joined by macro-economist Alphecca Muttardy in the dialogue with approximately 35 […]

by August 11, 2018 News
Steelworkers rally in support of tariffs (AAM)

Finally, Some Calls for a National Industrial Policy

By Nancy Spannaus July 30, 2018—In dealing with the issue of tariffs which the Trump Administration has put on the front burner, I have consistently argued that an American System approach to reviving American manufacturing demands a comprehensive policy of which tariffs may only be a small part. Specifically, the […]

by July 30, 2018 Commentary, News
Senator Sherrod Brown

Americans for Financial Reform Puts Spotlight Back on Wall Street

By Angela Vullo July 26, 2018–Not since the movie “The Big Short” has Wall Street been so exposed as the enemy of the American public. In a rare performance, in the Hart Senate Office Building on July 24, truth was told in a forum on the economy on Capitol Hill.  […]

by July 26, 2018 News