In an effort to rein in a two-month banking crisis that has disrupted the finance world, federal regulators seized control of First Republic Bank today, selling it to JP Morgan Chase, but this is just the beginning of a banking crisis say Cornell Law professor Robert Hockett. 

Law and Policy

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Robert Hockett, is a professor of law and public finance at Cornell Law School, where he focuses on financial and monetary law and economics, he says the Fed's current interest rate strategy may need to be reigned in.

Economics and Business

Business, Economics & Entrepreneurship

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President Joe Biden and House Speaker Kevin McCarthy are scheduled to meet today at the White House in an effort to reach a resolution on the nation’s debt ceiling, but Biden should ignore calls for negotiation says Cornell Law School professor Robert Hockett.

Law and Policy

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Bipartisan legislation aimed at addressing supply chain shortfalls exposed by the COVID-19 pandemic, conceived and drafted by law scholar and Cornell Law School professor Robert Hockett. 

Law and Policy

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The Federal Reserve is expected to raise rates three-quarters of a point again this week. Robert Hockett, expert in financial and monetary law and economics, is available for interviews.

Economics and Business

Law School

Law, Government & Public Policy

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The Supreme Court handed down two groundbreaking rulings on affirmative action and student loan forgiveness this week, rulings that aid in restoring the old world of nearly a century ago, when higher education was a privilege enjoyed by the white and the wealthy but few others says Cornell Law profess Robert Hockett. 

Law and Policy

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The Federal Reserve is expected to raise rates three-quarters of a point to a range of 3% to 3.25% – the highest level in 14 years. Robert Hockett is available to discuss how another interest rate hike could impact the economy.

Economics and Business

Law School

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The Federal Reserve is expected to issue a new policy statement Wednesday with a timeline for hiking interest rates to combat inflation. Robert Hockett and Erica Groshen are available for interviews on the Fed’s announcement.

Law School

Industrial and Labor Relations

Economics and Business

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The United States and Europe have imposed financial sanctions on Russia and there are concerns that Russia will turn to cryptocurrency to help evade said sanctions. Robert Hockett says given the unity among the world's industrial nations to stop the war, Russia will be denied access to not only traditional banking and financial systems, but also to all the main crypto sites.

International

Economics and Business

Law School

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In less than two weeks, Americans will head to the polls for the midterm elections. The following Cornell University experts are available to discuss topics from the state of democracy to inflation and public opinion.

Law, Government & Public Policy

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