Certainly, default would be catastrophic: according to a recent analysis, even a days-long debt ceiling breach would trigger a recession and cost nearly 1 million Americans their j...
It would also diminish gross domestic product (GDP) by almost 3 percent over the next decade, the equivalent of putting the entire U.S. econ...
In 2018 though, Trump's bank deregulation law and the door it opened for Fed Chair Powell to further hack away at the rules created an excep...
I am committed to making sure that that happens, both in Massachusetts and all around the country.
The bridges are vital assets for the Cape Cod economy but they are in desperate need of replacement.
We need Federal funds.
However, according to the Federal Highway Administration nearly 69,000 highway bridges--that is more than 1 out of every 10 highway bridges ...
President Biden called on Congress and regulators to strengthen the rules for banks to make it less likely that this kind of bank failure wi...
These bank failures were the direct result of policymakers' decisions over the last 5 years, beginning with a 2018 law signed by President T...
The Biden administration has made historic investments in our infrastructure, including through the Infrastructure Investments and Jobs Act.
But caving into Republican demands for massive cuts would be no less disastrous: austerity would trigger a year-long recession and put 2.6 m...