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Why does an independent Fed matter? Just look at Ronald Reagan’s economy with Paul Volcker hiking rates to nearly 20%

President Donald Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage fraud, the latest effort by his administration to exert greater control over one of the few remaining independent agencies in Washington. Federal Reserve governor Lisa Cook says she won’t leave her post. Trump has repeatedly attacked the Fed’s chair, Jerome … Read more

Blue Bloods Family Guide: Meet the Reagans Before Boston Blue Spinoff

Blue Bloods got viewers invested in the Reagan family — but how are the characters related to each other? The CBS series, which premiered in 2010, followed the lives of the Reagan family, many of whom worked for the NYPD under the leadership of NYC police commissioner Frank Reagan (Tom Selleck). Frank’s father, Henry Reagan … Read more

From Reagan’s Grace Commission to Musk’s DOGE, a history of efficiency

As Elon Musk steps away from his official role at the Department of Government Efficiency (DOGE), he joins a history of presidential administrations that have attempted to streamline government—with mixed results. While former Presidents Thomas Jefferson, Andrew Jackson and Grover Cleveland all tried to downsize the judiciary, treasury and civil service, respectively, it wasn’t until … Read more

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