WASHINGTON— Almost 1,500 economists have addressed a letter to President Donald Trump and top congressional leaders stressing the importance of immigrants for economic growth. The letter sent Wednesday notes that immigrants start businesses, are clustered in math, science and engineering and can offset any economic drag from baby boomer retirements.
Trump’s trade policies sound like a recipe for a U.S. recession, said Austan Goolsbee, a former chairman of the Council of Economic Advisers.
The debate on whether Dodd-Frank should be repealed continues with former CEA chairman Austan Goolsbee weighing in on his opinion.
Another former senior government official has signed up to be a paid advisor to a multibillion-dollar hedge fund firm.
A surge of Republican pressure is bringing the Fed's long-held independence into question again.
Former Council of Economic Advisers Chairman Austan Goolsbee discusses when the Fed may decide to taper. "I think there is at least a 50 percent chance the Fed decides to taper at the next meeting," he says. JPMorgan's Thomas Lee, weighs in.
Expiration of the Bush-era tax cuts for annual incomes above $250,000 in a weak economy will translate to layoffs, Sen. Jim DeMint claimed Tuesday on CNBC.
President Obama’s move to raise taxes on the top 1 percent of households would actually bolster the economy, former chair of the Council of Economic Advisers Austen Goolsbee said Tuesday.
Cramer interviews The Council of Economic Advisors chairman.