About the fed in recent, whether helping to stave off total economic collapse during the 28 financial meltdown or countering the shocks of the covid 19 pandemic or most struggling to lower. As gina makes clear in her new book, these crises along with the actions of some pivotal central bankers like, the current fed chairman, jay powell, have fundamentally changed the feds purpose and function in american society. The fed has taken its Emergency Powers to new, gina writes, stretching its mission as lender of last resort and purchasing backed debt in massive sums. Its gone from insisting that social issues are not in its domain to flying pride, flags and shaping conversations about racial, gender and, geographic inequity with research and expert advice. Fed officials often talk about staying in their lane, but lane, gina observes, has into an avenue. Gina is very well positioned to tell the story of the feds extended and its and its vast influence. Shes been covering the fed and economic
Us this evening journalist gina. Here to talk about her very timely and informative new book limitless. The Federal Reserve takes on a new age of crisis. Now weve all been hearing a lot about the fed in recent, whether helping to stave off total economic collapse during the 28 financial meltdown or countering the shocks of the covid 19 pandemic or most struggling to lower. As gina makes clear in her new book, these crises along with the actions of some pivotal central bankers like, the current fed chairman, jay powell, have fundamentally changed the feds purpose and function in american society. The fed has taken its Emergency Powers to new, gina writes, stretching its mission as lender of last resort and purchasing backed debt in massive sums. Its gone from insisting that social issues are not in its domain to flying pride, flags and shaping conversations about racial, gender and, geographic inequity with research and expert advice. Fed officials often talk about staying in their lane
Giving you a front row seat to democracy. A conversation now ry policy across president ial administrations. Our guest is sarah hay, a policy analyst at the Regulatory Studies Center at George Washington university. Good morning. Guest good morning, thanks for having me. Host a recent wall street journal headline. Trump used a 1996 law to overturn obamaera regulations and biden aides hope to stop the republican from doing it again if he wins. The 1996 law that the wall street journal is referring to there is the Congressional Review Act. What is it . Why do we have it . Guest so the Congressional Review Act was enacted in 1996 as a way for congress to retain oversight of federal regulation and so its kind of an ex pabssive expansive law. It can cover any regulation, the broadest definition of regulation that we have, under the administrative procedure act. And so when regulations are disapproved using the c. R. A. , agencies are barred from reissuing them in a substantially similar for
Host good morning it is monday, may 13. Whether it is the College Campus protest over israel and god also her preparation and protest of National Conventions. Protests are the spotlight. We are asking you if you ever participated in a protest and what issue were you rallying for . Phone lines are split by age if you are under 25 202 7488000, if you are over 65 202 7488002. You can send us a text at 202 7488003 or catch up on social media at x at cspanwj and facebook at facebook. Com cspan. First some numbers from the Gallup Organization. The Gallup Organization pulling on this topic in the last time they did it was an in the wake of the dobbs abortion decision. Gallup first pulled back in 1965 with just 10 of americans said they felt the urge to organize a public demonstration. Speaking of the 1960s parallels between College Product test protest of today and 1960s. 1960s advocates see parallels to protest today. Some said they see themselves in todays protesters while others drew a sta
Host a recent wall street journal headline. Trump used a 1996 law to overturn obamaera regulations and biden aides hope to stop the republican from doing it again if he wins. The 1996 law that the wall street journal is referring to there is the Congressional Review Act. What is it . Why do we have it . Guest so the Congressional Review Act was enacted in 1996 as a way for congress to retain oversight of federal regulation and so its kind of an ex pabssive expansive law. It can cover any regulation, the broadest definition of regulation that we have, under the administrative procedure act. And so when regulations are disapproved using the c. R. A. , agencies are barred from reissuing them in a substantially similar format and the regulation is taken off the books immediately. Host maybe we should start with what are regulations . Guest absolutely. Host and who promulgates regulations and what is that process . Guest so regulations effect your everyday life. Its making sure the bacon yo