Even as the U.S. economy enjoys one of the longest expansions on record, millions of Americans remain economically vulnerable—one crisis away from economic calamity.
From 1997 to 2017 the number of small businesses grew by 44 percent, while the number of women-owned small businesses grew by 114 percent.
BPC’s Jason Grumet and William Hoagland: Trump’s pick for Federal Reserve chief is right choice at right time
President Trump nominated Jerome “Jay” Powell to serve as the next chairman of the Federal Reserve. He is the right person at the right time to guide our monetary policy and ensure the soundness of our financial institutions.
The Treasury Department recently made several recommendations that are intended to increase access to capital for small businesses and entrepreneurs.
Amid the uncertainty of timing, Trump’s appointments will have a major impact on the future of the post-crisis financial regulatory structure.
The proposal would raise the regulatory burden on the eight most systemically important U.S. banks, especially compared to the large regional banks.
BPC hosted experts to discuss how state insurance regulators are viewing the Fed’s actions and how the Fed’s approach is being received by foreign regulators.