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10. The Fed and the Debt Ceiling

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Manage episode 303985055 series 2980491
Content provided by Kaleb Nygaard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaleb Nygaard or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Congress should permanently remove the debt ceiling. But until they do that, the issue affects the Fed in some big ways. Steven Kelly joins the show to talk about how the Fed's 13(13) powers and the Standing Repo Facility might be used.

On Twitter: @StevenKelly49, @KalebNygaard

Mentioned: Joseph Wang's blogpost "Debt Ceiling Procedures [RESTRICTED FR]", Steven's article "Cruel and Unusual Circumstances: The Fed's Use and Misuse of Penalty Rates"

  continue reading

49 episodes

Artwork
iconShare
 
Manage episode 303985055 series 2980491
Content provided by Kaleb Nygaard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaleb Nygaard or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Congress should permanently remove the debt ceiling. But until they do that, the issue affects the Fed in some big ways. Steven Kelly joins the show to talk about how the Fed's 13(13) powers and the Standing Repo Facility might be used.

On Twitter: @StevenKelly49, @KalebNygaard

Mentioned: Joseph Wang's blogpost "Debt Ceiling Procedures [RESTRICTED FR]", Steven's article "Cruel and Unusual Circumstances: The Fed's Use and Misuse of Penalty Rates"

  continue reading

49 episodes

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