#election – Federal Financial Analytics

9 11, 2022

Al090522

Arezou Rafikian2022-11-09T16:27:23-05:00November 9th, 2022|3- This Week|

Summer’s Over

Last week marked the end of meteorological summer and this week the end of Congressional recesses and the bit of downtime global and U.S. regulators and other officials allow themselves. We’re gearing up for a busy session ahead of the midterms in which U.S. regulators will try to finalize as much as they can as fast as they can to avoid political obstacles should the GOP gain Congressional control and members of Congress position bills for possible enactment in the lame-duck or, should anything occur before then, as riders to a must-pass bill. Last week did include an important announcement of a new initiative assessing the future of the Federal Home Loan Banks which, as we noted, raises big issues about a little-noticed GSE with big implications for housing policy, funding strategy, and much more….

Al090522.pdf…

Al110722

Eliza Allen2022-11-04T17:12:11-04:00November 4th, 2022|3- This Week|

Till Soon…

Assuming no sudden financial crises, geopolitical shocks, or any of the other increasingly-plausible ills that could befall the financial system this week, the big news will come following the U.S. mid-term elections on November 8. Or November 9, 10, or whenever given the uncertainties in some key races and thus the prospects not just for recounts, but also furious denunciations of the electoral system. Still, a final tally will come upon us and, when it does, the prospects for both financial legislation and regulation are likely to change in significant ways. As soon as we know enough to know who will control the House and Senate, we’ll provide you with an in-depth analysis of how new committee leadership will change the outlook.

Al110722.pdf…

Al103122

Arezou Rafikian2022-11-08T15:43:59-05:00October 28th, 2022|3- This Week|

BLAMING THE PARTY-POOPER

Last week, we noted a significant uptick in Democrats turning on a central bank they have treated with the utmost courtesy ever since the Biden Administration tied its political fate to whatever economic outcomes the Fed was aiming to accomplish. We shall see what the midterms say about what Americans think about the combination of acute inflation and interest rates higher than many are able ever to remember, but the President’s stout defense of economic prosperity, Secretary Yellen’s disavowal of any recession, and the Administration’s increasing focus on corporate culprits make it clear that the Treasury Secretary stands by her Fed and the White House – at least for now – backs her up.

Al103122.pdf…