RICHMOND, Virginia, Nov. 9 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 25-41) in October 2025 by Samaniego de la Parra and Horacio Sapriza entitled "Credit Supply Shocks During a Nonfinancial Recession". Here are excerpts: * * * While existing literature often focuses on the "bank lending channel" during financial recessions -- where banks' balance sheets are directly compromised -- it is not immediately clear if the impact and drivers of credit   more

RICHMOND, Virginia, Nov. 9 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 25-40)in October 2025 by Willem Van Zandweghe and Alexander L. Wolman entitled "Inflation and the Timing of Actions With Discretionary Monetary Policy". Here are excerpts: * * * The optimal (or equilibrium) inflation rate is one of the most important and most studied ideas in monetary economics. Dating back to the influential 1977 paper "Rules Rather Than Discretion: The Incon  more

RICHMOND, Virginia, Nov. 9 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following white paper (No. 25-10) in October 2025 by Sergio Correia, Stephan Luck and Emil Verner entitled "Supervising Failing Banks." Here are excerpts: * * * This paper studies the role of banking supervision in anticipating, monitoring, and disciplining failing banks. We document that supervisors anticipate most bank failures with a high degree of accuracy. Supervisors play an important role in requiri  more

WASHINGTON, Nov. 9 (Rep.) -- House Democratic Leader Hakeem Jeffries, D-New York, issued the following news release: * * * LEADER JEFFRIES ON MEET THE PRESS: "DONALD TRUMP NEEDS TO GET OFF THE GOLF COURSE AND GET BACK TO THE NEGOTIATING TABLE" * Today, House Democratic Leader Hakeem Jeffries appeared on NBC's Meet the Press, emphasizing that Democrats remain ready to sit down with Republicans to end their government shutdown and protect the healthcare and nutritional assistance of the Americ  more

WASHINGTON, Nov. 9 -- Rep. Hakeem Jeffries, D-New York, issued the following news release: * * * LEADER JEFFRIES ON MEET THE PRESS: "DONALD TRUMP NEEDS TO GET OFF THE GOLF COURSE AND GET BACK TO THE NEGOTIATING TABLE" * Today, House Democratic Leader Hakeem Jeffries appeared on NBC's Meet the Press, emphasizing that Democrats remain ready to sit down with Republicans to end their government shutdown and protect the healthcare and nutritional assistance of the American people, but Republicans  more