Can the MAC Make the Federal Funds Rate More Effective?
Background When inflation threatens America’s stability and economic growth, the Fed raises the Federal Funds Rate (FFR). This reduces domestic demand for borrowed funds, and
House Committee Discusses Illicit Supply Chains, Resource Power Grabs
In a House Financial Services Committee hearing on Thursday, Congress appears frustrated in stopping illicit supply chains, and worries about China’s growing resource dominance in high tech and clean tech supply chains.
Trade Deficit Breaks All-Time Monthly Record. First-Ever $1 Trillion Goods Deficit Guaranteed
The trade deficit grew so much in September thanks to Asia imports that the U.S. will import the equivalent of the entire Mexican economy in 2021. A strong dollar is adding to the trade imbalances with Europe, Mexico, China and southeast Asia.
Here’s What the Senate’s E-Commerce Hearing Missed in its Fight Against Imported Counterfeits
The Senate Judiciary Committee hears from witnesses on how to combat online-sold counterfeit goods from flooding the U.S. They missed one key remedy — de minimis rulemaking needs a closer look.
Work With Allies: How Europe Helps China Circumvent Steel Tariffs
A report by business intel firm Horizon Advisory shows China’s encroachment on the European steel industry. What might it mean for Section 232 tariffs against European steel?
NYC Ad Campaign Targets BlackRock’s China Love Affair
BlackRock is the subject of an ad campaign that will highlight the country’s largest financial institution’s kowtowing to China. Only recently was the company banned from investing in Chinese military contractors. For years, BlackRock has been a funder of China’s military and its surveillance state.
House Capital Markets Committee Tackles Wall Street’s China Ties
A recent House Committee hearing on capital markets and China took on the question of sanctions and delisting. Is there more to come?
Boston Celtics Banned for Criticizing China. One Day, These Companies Will Have to Pick a Team
A Boston Celtics player gets the NBA team in trouble in China. But Enes Kanter is showing companies what is truly at stake if they dare go against a CCP narrative.
House Committee Doubt’s China’s Climate Change Promises, Worries About Solar
A House Foreign Affairs Committee hearing this week on climate change discusses the prevalence of green finance. And a growing distrust over China’s commitments and its solar supply chain, especially in Xinjiang.
House Committee Hearing on Small Business Supply Chains Forgets About Reshoring
A House committee hearing on the impact of the supply crisis on small businesses left out one key solution: import less, make more here.
