Tag: National Economic Council (US)

U.S. Steel Acquisition Proposal Tests Biden’s Industrial Policy

The president is under pressure from Democrats and Republicans to block the sale to Japan’s Nippon Steel, which could upset a key foreign ally.

How Washington Decided to Rescue Silicon Valley Bank

Officials were initially unsure about the need for the measures they eventually announced to shore up the financial system, but changed their minds quickly.

Biden Picks Lael Brainard to Lead National Economic Council

Lael Brainard, the Fed’s vice chair, will become a top economic adviser along with Jared Bernstein, who will head the Council of Economic Advisers.

Biden Caps Two Years of Action on the Economy, With New Challenges Ahead

The president used a slim congressional majority to enact legislation that could reshape the American economy — if his administration can make the laws succeed.