With Democrats controlling the Senate since the 2008 financial crisis, the bank and its supporters have had the luxury of shrugging off Fed-related laws from the Republican-controlled House of Representatives.
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.