Tales from the Trail

Washington Extra – Ducking the issue

October 16, 2010

U.S. Treasury Secretary Timothy Geithner testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on The Treasury Department's Report on International Economic and Exchange Rate Policies on Capitol Hill in Washington September 16, 2010.

We were all primed for the release of the Treasury’s global currency report this afternoon, which would have included a ruling on whether China was a currency manipulator. But a decision was taken to delay the report until after the Group of 20 summit in Seoul in mid-November.

Washington Extra – Storm clouds over Haiti

September 30, 2010

There was a tremendous outpouring of goodwill and money for Haiti after the quake, which prevented a further humanitarian catastrophe. But so far, nine months after the capital was devastated, progress in “building back better” seems painfully slow. haitiRubble still chokes the narrow streets of Port-au-Prince, and 1.3 million people occupy every available scrap of land in tents awaiting resettlement, or even just a government plan on what to do with them.

Washington Extra – Just Keep Smiling

August 30, 2010

bernanke1In the past few days we have seen the president and the chairman of the Federal Reserve both standing up and insisting they had more cards at their disposal to rescue the faltering American economy. In truth, though, both men look like they are holding weak hands, and are reduced, for the time being, to putting a brave face on things.

Washington Extra — Beck, Bernanke and baseball

August 27, 2010

An “American miracle” or an “exercise in self-aggrandizement on a Napoleonic scale”?

Washington Extra

July 23, 2010

What do central bankers and slalom skiers have in common? Bobbing and weaving, for one thing.

The First Draft: Drag out that vacation a bit

August 28, 2009

For some Americans — including the president – there’s just one last week of summer before work and school get back into full swing. 

Fed chief victim of identity theft

August 28, 2009

Not even the head of the nation’s top bank is immune from identity theft.

Federal Reserve Board Chairman Ben Bernanke became a victim last summer after a thief stole his wife’s purse with the couple’s joint check book inside, Newsweek reported, citing recently filed court records.

Obama’s summer holiday no walk on the beach

August 26, 2009

OBAMA/President Barack Obama began his summer vacation by sending a specific message to the White House press corps.

Watch out for the quiet ones: Bernanke 1, Summers 0

August 25, 2009

Watch out for the quiet ones in the War of the Wonks (OK so we’re being a bit dramatic).

The First Draft: Bernanke, budget trump vacation – for a bit

August 25, 2009

OBAMA/Two days after arriving in Martha’s Vineyard, President Barack Obama is taking a break from his vacation to make some news: he will announce that he is nominating Ben Bernanke to a second term as chairman of the Federal Reserve.