Trump loyalist Devin Nunes facing tighter House race in California as Democratic rival Andrew Janz rises in the polls

CNBC quoted Sherry Bebitch Jeffe of the USC Price School on Rep. Devin Nunes, who chairs the House Intelligence Committee. Sherry Bebitch Jeffe, a senior fellow at the University of Southern California’s Price School of Public Policy, said some farmers could see Nunes as “joined at the hip to Trump if the economy of the…

Atlanta Fed CEO Bostic addresses economic policy, inequality at Price talk

By Matthew Kredell

USC Price School of Public Policy Professor Raphael Bostic returned to campus for the first time since taking leave to assume the role of president and CEO of the Federal Reserve Bank of Atlanta, joining Dean Jack H. Knott for a discussion on the state and direction of the U.S. economy, issues of opportunity and inequality, and good governance.

Knott began the Feb. 5 conversation by asking Bostic – the first African-American to serve as president of a Fed regional bank – to explain what the Fed does. In response, Bostic admitted that perhaps few people understand.

The Risky, Rocky Ride of Today’s Economy . . . and the Central Bankers Who Keep Watch

Just when you thought the economy was the only good news you could count on, the stock market took a dive on the heels of Janet Yellen’s exit from the Federal Reserve. Suddenly, Americans everywhere wondered whether the volatility and uncertainty in Washington had finally caught up with the long, steady recovery stretching from those dark days in 2009. Should we be worried? Who’s looking out for the economy? And do they have a plan for the risks that await us in 2018 and beyond?

In this episode, USC Price School Dean Jack H. Knott interviews Atlanta Fed President Raphael W. Bostic on the state of the economy and the forces that keep it humming along.

To listen to this episode of Our American Discourse, click the arrow in the player here. Or  download it and subscribe through ApplePodcastsSoundcloudGoogle Play,  Stitcher, or your favorite podcasting app – click the links or search “usc bedrosian.”

An arrest in Saudi Arabia could be felt as far as Silicon Valley and Wall Street

Los Angeles Times quoted Richard Green of the USC Lusk Center about the potential impact of Saudi officials liquidating U.S. real estate holdings. Through Kingdom Holding, the prince enjoys ownership in some of the world’s most prestigious properties and businesses. It has a majority interest in the Savoy Hotel in London, a controlling interest in…

Bostic discusses possible ramifications of Trump economics on California

Raphael Bostic, the Bedrosian Chair in Governance joined Delia Fernandez (certified financial planner with Fernandez Financial Advisory in Los Alamitos), and Chris Thornberg (founding partner of Beacon Economics) on KPCC-FM’s “Take Two.”  They discussed how the California economy may be affected by President-elect Donald Trump’s policies. Bostic said: “As you’ve heard throughout this whole conversation: we don’t…

Policy visits the Playhouse again

Last year the Bedrosian Center started a new initiative called Policy at the Playhouse as a way to discuss and explore public policy and governance through the lens of art and culture.  Artists have often called out and wrestled with politics, leadership and pressing social issues in ways that have as much impact as policy…

Money Power (Part 1)

A historical overview of the emergence of the institution of banking, beginning with an explanation of the emergence of interest-based fractional reserve banking and the problems associated with its institutionalization as standard banking practice. Followed by a quick look at the history of central banking in this country, from the first Bank of the United States to the founding of the Federal Reserve. This history is then reconsidered in terms of a struggle by the money power – the dominant European and American financiers – to gain control over the American monetary system.