James Pethokoukis is the Money & Politics columnist and blogger for the American Enterprise Institute.
Previously he was a columnist at Reuters, as well as the economics columnist and business editor at U.S.News & World Report magazine. Pethokoukis is also an official CNBC contributor and appears frequently on that network's Kudlow Report, Power Lunch, and The Call shows.
A 1989 graduate of Northwestern University where he double majored in Soviet politics and American history and a 1991 graduate of the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy!champion.
A broad bipartisan coalition supporting a massive foreclosure rescue beat back GOP efforts to gut it, defying a White House veto threat.
The Federal Reserve's leading inflation hawk told CNBC that interest rates will have to rise soon in order to keep a lid on rising prices.
The latest overall job loss numbers showed a loss of 49,000 jobs in May and a jump in unemployment rate up to 5.5%. The drop is still well below the six figure numbers seen in past recessions. Read what our panel thinks about the recession outlook.