Policy and Government
Per The Economic Times, US Senate passes bill to remove arbitrary country caps on green cards.
CNBC reports employment growth slowed sharply in November.
Per WBAP, Stephen Moore says that Jerome Powell at the Federal Reserve worries him more than Janet Yellen at the Department of the Treasury.
At National Review, Peter J. Wallison explains how the Supreme Court could effectively neuter the administrative state.
At the Mises Institute, Frank Shostak explains how government stimulus creates the illusion of an economic recovery.
Per Forbes, a federal judge has ruled that two rules the Trump administration implemented in October to restrict H-1B visas are unlawful.
Monetary Policy
Per CNBC, the Federal Reserve has announced that the London Interbank Offered Rate will be phased out by June 2023.
Image Credit: International Transport Forum