The extraordinary wealth that U.S. households accumulated in 2020 and 2021 dissipated by the first quarter of 2023, largely due to stock market losses and low saving rates coupled with weak income growth. Now, many Americans face a choice between slowing down their spending or becoming more indebted, Wendy Edelberg and Sofoklis Goulas explain.
“Oversight is but one piece of Congress’s duties, but understanding it is vital to a full picture of the health of the legislative branch in our separation of powers system.” In a new report, Molly E. Reynolds and Naomi Maehr shed light on recent oversight trends and highlight key takeaways on party politics, power concentration, the January 6 investigation, and more.
On a new episode of the TechTank podcast, Nicol Turner Lee and Tom Wheeler examine the potential pitfalls of a virtual landscape like the metaverse and the need for guardrails. They discuss how virtual realities can revolutionize the ways we engage with each other, while also exacerbating existing concerns and introducing new risks.
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