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A stimulus for the middle class

Working Americans need a policymaker like Ben Bernanke working on their behalf. But, unlike the Fed chairman, one who actually has authority over tax and spending policies as well as a mandate to act unilaterally to pursue actions that create jobs and promote shared prosperity, writes contributor Jim Carr.

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Fed belatedly discloses top ‘discount window’ borrowers

A lawyer for the Federal Reserve dropped off previously undisclosed loan documents at the Washington, D.C,. office of Bloomberg News this morning, marking the end of a three-year struggle to compel the Fed to disclose who borrowed from its “discount window” during the 2007 financial crisis.

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