*Board of Governors of the Federal Reserve System. A explained on their website, “the Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.” The most prominent function is:
“conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy.” Click here to read more about the Federal Reserve System.
*Congressional Budget Office (CBO). The Congressional Budget Office prepares studies and provides analysis to Congressional Committees on federal budgets and legislation, including economic forecasts that cover the major economic variables—gross domestic product, unemployment, inflation, and interest rates—along with a broad array of other economic measures. To visit their website, click here.
*New Democratic Coalition. per their website, the New Democratic Coalition was founded in 1997. The center-left New Democrat Coalition is made up of nearly 100 pragmatic House Democrats who work across the aisle and across the Capitol to advance innovative, inclusive, and forward-looking policies. Representing almost half the Democratic Caucus, New Dems are united behind a mission to build an economy that works for every American. The Coalition issued a comprehensive plan to combat inflation. To read about the Coalition and the plan, click here.
*Committe for a Responsible Federal Budget. As per their website, the Committee for a Responsible Federal Budget is a nonpartisan, non-profit organization committed to educating the public on issues with significant fiscal policy impact. The bipartisan leadership comprises some of the nation’s leading budget experts, including many past heads of the House and Senate Budget Committees, the Congressional Budget Office, the Office of Management and Budget, and the Government Accountability Office. To go to their website, click here.