1/2 Renewed efforts to remove Fed Gov. Lisa Cook are another attempt by the Trump administration to undermine the Federal Reserve’s independence and inject politics into economic decision-making.

Trump Announces White House Hearing to Investigate Fed’s Lisa Cook

The announcement signals a renewed effort to fire the Biden-appointed Fed governor as part of the president long-running attempt to wield more control over the central bank.

wsj.com

For #FridayFellows, meet Visiting Fellow @michaelslinden.bsky.social! Earlier this year, he examined why many people felt frustrated about the economy and how the middle class is losing ground, highlighting rising costs, stagnant wages, and long‑term inequality. equitablegrowth.org/the-u-s-publ...

The U.S. public is angry about economic conditions, and the middle class is losing ground. Are these trends connected?

If those in the middle class feel as though they are “falling behind,” it could be because they are, indeed, falling further away from the top.

equitablegrowth.org

Equitable Growth is officially on Substack! 🎉 Subscribe below for everything you need to know about economic growth and shared prosperity! equitablegrowth.substack.com

Equitable Growth | Substack

Everything you need to know about economic growth and shared prosperity. Click to read Equitable Growth, a Substack publication. Launched a day ago.

equitablegrowth.substack.com

Does the labor market really drive income inequality over the lifecycle? New evidence suggests the answer may be more complicated than we thought. Join @equitablegrowth.bsky.social on Oct. 20 for a conversation on inequality, human capital, and AI's impact on work. 🔗 to register below!

This week’s #WednesdayDataDrop highlights how tariff exposure varies sharply by state. Midwest and Southern states have higher employment exposure scores, meaning a larger share of workers are in industries affected by recent tariff policies. equitablegrowth.org/tariff-polic...

“Treasury really needs to have some strong guardrails here.” Equitable Growth VP @lilyroberts.bsky.social spoke with the @wsj.com about the risks of allowing individual stocks in children’s Trump Accounts. Full story 🔽 www.wsj.com/politics/pol...

The federal deficit debate often boils down to spending vs. revenue. But what if that's the wrong question? In a new report, @michaelslinden.bsky.social argues today's spending trajectory was largely anticipated decades ago, while repeated tax cuts reduced revenues and widened the budget gap. ➡️

The deeper argument at the heart of the federal budget debate

A federal budget that responds to current needs while investing in our future U.S. economy requires higher revenue collection.

equitablegrowth.org

In this week's #GrowthMondays, former Labor Secretary Marty Walsh reflects on how worker power and middle‑class stability support economic growth. “Joining a union allowed my father and mother to join the middle class and invest in their communities.” 📺 www.youtube.com/watch?v=0f4M...

Secretary Walsh on restoring the economic balance in the United States

A clip from Secretary Marty Walsh’s keynote at Equitable Growth 2021: Evidence for a Stronger Economic Future. Learn more about this event here:…

youtube.com

As of October 1st, states must pay 75% of SNAP’s administrative costs vs 50% when the law went into effect a year ago. We asked scholars who study SNAP closely to shed light on the implications these cuts will have on workers, families, and economic growth. 🔗: equitablegrowth.org/unpacking-th...

Is income inequality locked in before workers even enter the labor force? Join the conversation at our next #EGPresents event on 10/20. Ft. @austinclemens2.bsky.social, Luigi Pistaferri of Stanford, Suresh Naidu of @columbiauniversity.bsky.social, and more! RSVP 🔗: web.cvent.com/event/18cfe0...

This #WednesdayDataDrop 📊 shows that workers without a college degree are concentrated in the industries most exposed to tariffs. Analysis from @cbdecon.bsky.social found that tariff burdens fell heaviest in sectors where less‑educated workers are overrepresented. equitablegrowth.org/tariff-costs...

1/ Yesterday, the Treasury Dept. announced that 60 million additional children will be automatically enrolled in Trump Accounts. This change signifies a reversal from an earlier opt-in-only policy after input from researchers and advocates. 🔗: www.wsj.com/politics/pol... - A 🧵 -

Treasury Will Auto-Enroll 60 Million Children in Trump Accounts

The auto-enrollment change replaces the previous structure, which required parents or guardians to sign up.

wsj.com

Excited to see the value of academic evidence and Equitable Growth’s research reflected in Senator Kelly’s (@captmarkkelly.bsky.social) latest AI legislation. A great example of why evidence-based research matters!

Washington Center for Equitable Growth@equitablegrowth.bsky.social · 2w ago

New legislation introduced by @captmarkkelly.bsky.social, the “Make AI Work For Americans Act," includes provisions based on evidence advanced by Equitable Growth to shore up the nation’s safety net through strengthening the nation’s unemployment insurance system. equitablegrowth.org/why-unemploy...

Delighted to announce I have started a new role as @acls1919.bsky.social Leading Edge Fellow and Manager of Academic Engagement and Impact at the Washington Center for Equitable Growth

"The market is set up where digital platforms tip toward monopolization, and they [Big Tech] are taking advantage of that market structure.” In #GrowthMondays, Antoine Prince Albert III explains how rebalancing tech market power can support competition and growth. 📺: www.youtube.com/watch?v=VZh-...

Antoine Prince Albert III on the market structure of digital platforms

This clip features Antoine Prince Albert III during the session “Rebalancing Big Tech’s grip on the economy” at Equitable Growth 2021: Evidence for a Stronger Economic Future. Learn more about this…

youtube.com

New legislation introduced by @captmarkkelly.bsky.social, the “Make AI Work For Americans Act," includes provisions based on evidence advanced by Equitable Growth to shore up the nation’s safety net through strengthening the nation’s unemployment insurance system. equitablegrowth.org/why-unemploy...

Why Unemployment Insurance Alone Is Not Enough in the AI Era

Sweeping jobs displacements—if they do occur in the near future due to AI—will require policy responses other than Unemployment Insurance.

equitablegrowth.org

A debt‑to‑wealth lens shows how similar debt levels can hide big differences in fiscal capacity once wealth is included. @dsmitch28.bsky.social and Austin Clemens show which nations can manage rising public debt and which face tighter constraints. Read more 🔗: equitablegrowth.org/applying-a-d...

Applying a debt-to-wealth lens internationally reveals subtle differences between countries’ fiscal capacities

A debt‑to‑wealth lens shows how wealth differences and inequality shape fiscal capacity and strategies for reducing government debt.

equitablegrowth.org

This week's #FridayFellows 🔍 features our Senior Fellow for Tax and Regulatory Policy, David Mitchell @dsmitch28.bsky.social! In a piece from earlier this year, he argues that "taxing wealth is consistent with the U.S. tradition of progressive taxation." More ➡️ equitablegrowth.org/is-taxing-we...

Is Taxing Wealth Possible? Practical? Desirable? Yes, if we’re smart about it

The U.S. economy is suffering from high debt, high inequality, & slow growth. Taxing wealth and the rich's unrealized capital gains can help solve all 3 problems at once.

equitablegrowth.org

"Framed against the Trump administration’s missions of containing domestic inflation and sparking a manufacturing renaissance, a trade war is nothing short of self-sabotage." Read @cbdecon.bsky.social on how Section 338 tariffs affect U.S. & Canadian economies: equitablegrowth.org/trumps-trade...

Trump’s trade war with Canada grows increasingly costly as Section 338 tariffs harm both economies

Section 338 tariffs in the Trump administration’s trade war with Canada are increasing costs, disrupting key industries, and straining supply chains across both economies. This piece analyzes new…

equitablegrowth.org

This #WednesdayDataDrop 📊 looks at personal income. Personal income is declining year over year, and BEA data shows incomes have fallen over the past 6 months. Even with a small uptick in May 2026, households are still losing ground as growth softens. 🔗: equitablegrowth.org/personal-inc...

"We do need to keep pushing on all these ways to share those gains." This #GrowthMondays, @hboushey.bsky.social of @kleinmanenergy.bsky.social highlights that while AI can boost productivity, the challenge is making sure those benefits are broadly shared. WATCH 📺: www.youtube.com/watch?v=sEFj...

The gains of growth in AI must be shared

This clip features Heather Boushey, professor of practice at the Kleinman Center for Energy Policy. The AI boom and energy transition are jointly shaping the next phase of U.S. economic growth.…

youtube.com

This #FridayFellows 🔍️, check out work from Megan Rivera, our Fellow for Policy and Advocacy. Her latest insights revolve around how unemployment insurance can better support workers as AI reshapes job tasks and increases the risk of displacement. Read more ➡️ equitablegrowth.org/why-unemploy...

Why Unemployment Insurance Alone Is Not Enough in the AI Era

Sweeping jobs displacements—if they do occur in the near future due to AI—will require policy responses other than Unemployment Insurance.

equitablegrowth.org

“Everybody expects computer programmers or executives to use it, but it’s just more widely spread across occupations than we realized.” #EGgrantee Adam Blandin explains new survey results showing who uses AI, where they use it, and which tasks it's shaping. More ➡️ newrepublic.com/article/2153...

A New Study Suggests That Robots Aren’t Taking Your Job Anytime Soon

The Federal Reserve Bank of St. Louis has been researching the adoption of AI in the workplace—and found that the reality doesn’t match the industry’s puffery. For now.

newrepublic.com

Check out this #WednesdayDataDrop 📊 “Increased immigration has historically supported stronger economic growth by expanding the U.S. labor force, boosting productivity for both immigrant and native-born workers, increasing profitability for domestic businesses, and strengthening consumer demand.”

Canada's expected tariff retaliation today applies to only a slice of the country's total imports from the U.S., so immediate harm should be limited, but U.S. escalation could threaten a much wider economic base, including the auto industry.

Chris Bangert-Drowns@cbdecon.bsky.social · 2mo ago

The collapse of trade talks with Canada puts the U.S. on unsure footing with its second-largest trading partner. The over 10% of all U.S. imports originating from our northern neighbor have faced a lower average tariff rate compared to other countries, but that could soon change.

"Instead of dividing the debt by a single year’s income, divide it by the nation’s private wealth." For @thehill.com, @dsmitch28.bsky.social and @austinclemens2.bsky.social argue the national debt looks far smaller when measured against U.S. wealth instead of GDP. More: thehill.com/opinion/fina...

To see how AI is reshaping the labor market, we need to know what tasks it’s doing. New research from #EGgrantee(s) Adam Blandin, David Deming, Alexander Bick, and Tyler Schumacher uses nationally representative task‑level data to map AI adoption across U.S. jobs. equitablegrowth.org/what-work-do...

What Work Does Generative AI Do?

This column explains Equitable Growth funded research measuring how workers are adopting generative AI in their jobs using a nationally representative survey.

equitablegrowth.org

This #LaborDay, we reflect on the connection between good jobs, strong unions, and a resilient democracy. @adamdean.bsky.social and @jamiemccallum.bsky.social explore how unions can improve job quality, bolster workers’ well-being, and strengthen democracy. 🔗: equitablegrowth.org/the-politica...

The political implications of bad jobs and the decline of unions

A review the effects and implications of declining job quality both for workers and for democracy in the United States.

equitablegrowth.org

Ahead of #LaborDay, this week's #WednesdayDataDrop📊 highlights the steady decline in union coverage across occupations. Fewer workers now have access to the contract protections that help set fair workplace standards.

Strengthening social insurance programs, like Unemployment Insurance, will help workers get through job loss, keep household spending stable, and make it easier to find better jobs. Read more about these "no‑regrets investments" from Megan Rivera 🔗: equitablegrowth.org/what-happens...

What happens to U.S. workers without access to Unemployment Insurance amid economic downturns or disruptions related to AI?

Policymakers can prepare for potential labor market disruptions caused by AI by investing in programs that support economic resiliency.

equitablegrowth.org