From a new Bloomberg poll: “The unemployment rate on the other hand—or how it’s perceived—seems to vary according to political party registration. Asked if the jobless rate is higher or lower than when Obama took office, 53 percent of Republicans incorrectly responded that it is higher. Among Democrats, 76 percent correctly said the rate is lower.”

This book contributes to the understanding of competition policy in the Mexican banking system and explains how levels of competition relate to banks' efficiency. The authors study the banking sector in Mexico, a developing country with a regulated and sound banking system and an industry with strong participation from global systemic banks.

In advance of a House vote on the Fed Oversight Reform and Modernization (FORM) Act, Fed Chair Janet Yellen sent an open letter to Speaker Paul Ryan and Minority Leader Nancy Pelosi objecting to the legislation and generating a lot of media interest.