The story of former President Richard Nixon vs. Arthur Burns, his Fed Chair is a tale of a president pressuring the head of the central bank for political reasons. Burns fights it, then capitulates, ...

Stenerud and the impending wave of so-called soccer-style kickers helped change the very calculus of the game by compelling the NFL to move the goalposts from the front of the end zone to the back in ...

The confirmation of Russell T. Vought to lead the powerful White House budget office is likely to escalate the funding fights ...

This is a tale of a president pressuring the head of the central bank for political reasons. Burns fights it, then capitulates, and it lays the foundation for later inflation.

Impoundment is when a president refuses to spend money allocated by Congress and returns the funds to the Treasury.