Christopher Rugaber

AP Economics Writer

Neera Tanden, president of Center for American Progress, speaks during an introduction for New Start New Jersey at NJIT in Newark, Nov. 10, 2014.

Biden Names Economic Team as Pandemic Threatens Workers

All are outspoken supporters of more government stimulus spending to boost growth.

Former Fed Chair Janet Yellen during an appearance on Fox Business Network in Washington, Aug. 14, 2019.

Another Daunting Crisis Awaits Yellen at Treasury

Janet Yellen served on the Federal Reserve's policymaking committee during the 2008-2009 financial crisis.

The Federal Reserve in Washington, Nov. 16, 2020.

Controversial Fed Nominee Stalls in Senate

Judy Shelton is an unusually caustic critic of the Fed and was opposed by two GOP senators.

Judy Shelton appears before the Senate Banking Committee on Capitol Hill, Feb. 13, 2020.

Senate Set to Vote on Controversial Fed Pick

Economists and former Fed officials have criticized her past positions, including her support of the gold standard.

Storefront window in the Newbury Street shopping district, Boston, Sept. 15, 2020.

Hiring Holds, but Signs of Caution as Virus Worsens

The nation still has 10.1 million fewer jobs than it did before the viral outbreak intensified in March.

The Federal Reserve building in Washington, May 22, 2020.

Fed Expands Main Street Program to Smaller Firms

The Federal Reserve will support loans of as low as $100,000, down from an earlier minimum of $250,000.

Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill, Sept. 24, 2020.

Fed Chairman: Lack of Further Stimulus Imperils Recovery

Jerome Powell noted the recovery slowed in recent months compared with rapid improvement in May and June.

Facebook CEO Mark Zuckerberg speaks at the Munich Security Conference, Feb. 15, 2020.

Zuckerberg Says Facebook Erred in Not Removing Militia Post

Facebook took down the page after an armed civilian allegedly killed two people and wounded a third.

The New York Stock Exchange, July 21, 2020.

How Can Wall Street Be Healthy When Main Street Is Sick?

The stock market is not the economy.

A sign advertises hiring of temporary associates at a Pier 1 retail store in Coral Gables, Fla., Aug. 6, 2020.

US Adds 1.8M Jobs in Sign of Weaker Hiring

July’s job gain was much lower than June’s 4.8 million and May’s 2.7 million.

Federal Reserve Chair Jerome Powell during a news conference in Washington, March 3, 2020.

Fed Sees Dim Economic Outlook

The viral epidemic is endangering the modest recovery after a spring collapse in hiring and spending.

Special events workers, forced out of work because of the COVID-19 pandemic, marching in Salt Lake City, July 21, 2020.

Virus Sends Jobless Claims Up Again

The number of Americans seeking unemployment benefits increased for the first time since March.