About Tim Cook

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So far Tim Cook has created 6 blog entries.
14 March 14, 2022

Congress Debates Postal Service Banking Initiative

2022-03-14T14:38:41+00:00March 14, 2022|

By Tim Cook The House of Representatives’ 2022 Financial Services appropriations bill includes $6 million for a pilot project to see if the United States Postal Service can fill the gap between the banked and unbanked. Favored by financial reformers and Congressional Democrats, the plan proposes five urban post offices and five rural post offices across [...]

3 March 3, 2022

Former Treasury Secretary Warns Fed’s Rate Hikes Could Trigger Recession

2022-03-03T20:08:21+00:00March 3, 2022|

By Tim Cook Former Secretary of the Treasury Lawrence H. Summers warned on March 2 that mismanagement of policy by the Federal Reserve could cause the next recession in the U.S. economy.   Summers said that though the Fed plans to raise its interest rates, the proposed increases will not be enough to successfully mitigate the inflation crisis [...]

3 March 3, 2022

Young Workers See Wage Gains in 2022

2022-03-03T20:07:47+00:00March 3, 2022|

By Tim Cook In a period of pronounced inflation not seen in 40 years, gains in earnings for individuals are often outpaced by rising consumer costs. While this is true for most workers, there is a segment of the American workforce that has seen actual growth of wages beyond the rate of inflation: the youngest [...]

28 February 28, 2022

Health Care Workers Under Pressure

2022-03-03T23:57:06+00:00February 28, 2022|

By Tim Cook Nearly two years after states of emergency were declared in the United States due to the COVID-19 pandemic, health care workers on the front lines in the fight against the disease have reported feeling exhaustion and strain on a massive scale. A USA Today/Ipsos poll conducted between Feb. 9 and Feb. 16, 2022, [...]

28 February 28, 2022

Real Estate Faces Trouble on Multiple Fronts

2022-03-03T23:56:03+00:00February 28, 2022|

By Tim Cook The S&P CoreLogic Case-Shiller U.S. National Home Price Index [TC1] reported an 18.8% increase in home prices in the U.S. in 2021, marking a substantially higher rise than in 2020 when home prices rose by 10.4% overall.   This price increase is occurring across the country, with potential homebuyers in the southwest and southeast seeing the [...]

25 February 25, 2022

National Cryptocurrency Enforcement Team Established

2022-02-25T15:58:56+00:00February 25, 2022|

By Tim Cook Deputy Attorney General Lisa O. Monaco announced during a press conference on Feb. 17 the finalized leadership of the National Cryptocurrency Enforcement Team (NCET) to meet the growing need for investigation into cryptocurrency-based criminal activity. The NCET will be headed by Eun Young Choi, senior counsel to the Deputy A.G.'s office and former cybercrime [...]

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