Improving Housing Affordability
Housing affordability in the United States has become a major challenge for Americans and a key policy priority for US policymakers. In this paper, Benjamin Keys and Vincent Reina assess the drivers of the housing affordability challenge, concluding that inadequate supply, barriers to homeownership such as tight credit standards, and the lack of a meaningful ...
IN BRIEF: Pandemic-Era Student Learning Loss and the Policy Response
BRIEFLY The COVID-19 pandemic created not only a public health emergency but a youth education crisis as well. Decades of progress in math and reading among America’s students were wiped away in two years. The federal government passed three rounds of funding to help school districts mitigate the disruptions of the pandemic, but that aid ...
Overcoming Pandemic-Induced Learning Loss
The global COVID-19 pandemic created not only a once-a-century public health crisis but also a once-a-century public education crisis. Unfortunately, the United States federal government’s financial assistance to schools to overcome pandemic-induced learning loss is about to expire – despite the fact that the country has made almost no progress remediating this learning loss. In ...
Eight Questions—and Some Answers—on the US Fiscal Situation
In this paper, Jason Furman addresses eight specific questions essential to understanding the US fiscal situation and what policymakers can do to address the federal debt. He finds that an adjustment of between 0.7 and 4.6 percent of GDP is necessary to stabilize the debt over the next decade, and he proposes a broad set ...
Neil Irwin
NEIL IRWIN is chief economic correspondent at Axios and lead author of Axios Macro, a daily e-mail newsletter focused on the economy and economic policy. He was previously senior economic correspondent at The New York Times, where he wrote commentary and analysis on the economy. He is the author of The Alchemists: Three Central Bankers ...
Neel Kashkari
NEEL KASHKARI has been president and CEO of the Federal Reserve Bank of Minneapolis since Jan. 1, 2016. He serves as a member on the Federal Open Market Committee, bringing the Ninth Federal Reserve District’s perspective to monetary policy discussions in Washington, D.C. In addition, Neel oversees Minneapolis Fed operations and leads its many initiatives. ...
Robert K. Steel
ROBERT K. STEEL has more than 40 years of experience. Prior to joining Perella Weinberg Partners in May of 2014, Mr. Steel was New York City’s Deputy Mayor for Economic Development where he was responsible for the Bloomberg Administration’s five-borough economic development strategy, job-creation efforts, and also led the applied sciences initiative, which established the ...
Minouche Shafik
MINOUCHE SHAFIK is an economist, policymaker, central banker and higher education leader who has spent over three decades in leadership roles across a range of prominent international financial institutions, national governments and academic institutions. She started her career at the World Bank where she became the youngest-ever vice president of the World Bank at the ...
Kevin McCarthy
Kevin McCarthy is the 55th Speaker of the House. Described as a man who exudes “true American grit,” McCarthy’s political journey is the quintessential American story. After starting a small business at the age of 21, McCarthy went back to college to earn his bachelor and master degrees in business. He was rejected for an ...