Well, folks, I called it, and I mean exactly called it. Back in my September 18 installment of The Federal Reserve Soap Opera, I said, “If I had to make an educated guess, the Supreme Court may be inclined to give Lisa Cook a short-term reprieve.” And lo and behold, that’s precisely what they did.…
A Common-Sense Victory, But the Clock is Ticking
In a late-night scramble, the House managed to pass a temporary funding plan that keeps Uncle Sam’s lights on and provides disaster aid, while thankfully leaving out President-elect Donald Trump's call for a debt limit increase. I can’t help but feel a mix of relief and skepticism. This feels like one of those duct-tape solutions—you…