U.S. GAO – GAO Stands Out in its Ability to Answer the Tough Questions. Here’s How We Do it.
Thursday, February 12, 2026
Thursday, February 12, 2026
I am extremely grateful to David S. Lee for his tremendous guidance and support on this project. I thank Alexandre Mas, Henry Farber, Felix Koenig, and the participants at the Industrial Relations Section labor seminar for their many helpful comments and suggestions. I also benefited from feedback by Stephen Trejo, Rob Metcalfe, and the audiences…
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty Images Expectations are high that when banks…
A group of 12 state attorneys general filed a lawsuit Monday challenging Paramount Skydance’s proposed acquisition of Warner Bros. Discovery. The lawsuit, which came after weeks of speculation on if and when it would be filed, seeks to block the merger for antitrust concerns. CNBC’s David Faber reported earlier in the day that the lawsuit…
Fiscal Dominance and the Politicization of Money Much of the contemporary debate about monetary policy focuses on technical questions: whether reserves should be scarce or abundant, whether fintech companies should have master accounts at the Federal Reserve, whether those accounts should resemble the accounts held by banks, or how far the Fed’s independence should extend….
AI models are developing rapidly, and Washington may be struggling to keep pace with the cybersecurity vulnerabilities they may expose. President Trump’s June executive order attempts to narrow that gap by creating a voluntary framework for certain frontier models and directing federal agencies to strengthen cyber defenses, identify vulnerabilities, and coordinate patching. But the order…
Photo by Brett Hondow, Pixabay The US federal government’s Technology Modernization Fund (TMF) has asked agencies to submit “high-impact and shovel-ready” project proposals for improving the use of technology in permitting and planning decisions, and in AI adoption. The TMF – a funding initiative created in 2017 by the General Services Administration (GSA) to modernise…