Plus, what’s driving yen depreciation, and how to support U.S. states welcoming new immigrants.
| How will Donald Trump pick his vice presidential candidate? In 2016, Donald Trump didn’t announce his running mate until three days before the start of the Republican National Convention. What approach will he take in 2024? William Galston outlines possible options for the former president and argues that the choice will reveal a lot about how Trump assesses the race. |
A key point “Selecting their running mates is one of the few things over which presidential candidates have near-complete authority. In making their selection, they reveal what they think contributes most to victory—and what they believe would be most helpful for their administration if they win.” — William Galston |
More research and commentary Japan’s falling yen. The Japanese yen has fallen far more than any other G10 currency. Robin Brooks examines the driving factors and says that Japan offers a cautionary tale about letting debt rise unchecked. Which states need support in welcoming new immigrants? Immigrants benefit the aggregate U.S. economy and the federal budget, but recently arrived immigrants without college degrees can pose short-term fiscal challenges to states and localities. Wendy Edelberg, Olivia Howard, and Tara Watson outline how and where the federal government can assist. |
| About Brookings The Brookings Institution is a nonprofit organization based in Washington, D.C. Our mission is to conduct in-depth, nonpartisan research to improve policy and governance at local, national, and global levels. If you were forwarded this email, sign up for the Brookings Brief to stay updated on our latest work. |
The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. |
|
