Quick Links


Becoming A Member

Upcoming Events

News & Media

Event FAQ's

Contact Us

Contact ECNY Media Team

Announcements

REUTERS: Treasury's Adeyemo, in New York, says tackling rural economic inequality essential

REUTERS: 

Adeyemo, in remarks prepared for an Economic Club of New York luncheon, said President Joe Biden's economic policies had helped the U.S. economy weather the COVID-19 pandemic and Russia's invasion of Ukraine better than any other advanced economy, with lower rates of inflation.


READ MORE: Treasury's Adeyemo, in New York, says tackling rural economic inequality essential

FXSTREET: US Treasury's Adeyemo: There had been no significant credit pullback

FX STREET: 

The US Deputy Treasury Secretary Wally Adeyemo, expressed optimism on Monday that US banks had not curtailed lending as much as expected since financial issues were seen earlier this year, per Reuters.

Adeyemo said at an Economic Club of New York event that the US banking industry had undergone considerable consolidation following the bankruptcy of numerous banks in late winter and early spring, but there had been no significant pullback in credit.

READ MOREUS Treasury's Adeyemo: There had been no significant credit pullback

BLOOMBERG: A Government Shutdown Is ‘Last Thing’ US Economy Needs, Treasury’s Adeyemo Says

BLOOMBERG: 

While the US economy is performing better than expected, “the last thing we need is the headwind of a government shutdown,” Deputy Secretary Wally Adeyemo said Monday at an event hosted by the Economic Club of New York. “Lots of people don’t get paid” if there is shutdown, he added.

READ MORE: A Government Shutdown Is ‘Last Thing’ US Economy Needs, Treasury’s Adeyemo Says

MEDIA ALERT: Medal of Honor recipients Jack Jacobs & Britt Slabinski

ECNY: Video Webinar

MEDAL OF HONOR PANEL

Join us for a panel discussion as we host Medal of Honor recipients Jack Jacobs and Britt Slabinski, extraordinary individuals who have exemplified unwavering bravery and selflessness. On this very significant day in our history, Charlotte Jones joins Jack and Britt to address American values and share stories of valor.

MEDIA ALERT: Hon. Wally Adeyemo, Deputy Secretary of Treasury

ECNY: Signature Luncheon

We are delighted to welcome Club Trustee Charles Phillips as our Moderator for the Signature Luncheon event with The Honorable Wally Adeyemo. Topic: The Biden-Harris Administration's response to the economic and geopolitical crisis. The impact of fiscal policy to fuel an equitable economic recovery and faster long-term growth.

MEDIA ALERT: Jesse Van Tol, President and CEO of National Community Reinvestment Coalition

ECNY: Video Webinar

Diversity, Equity & Inclusion Series

We are delighted to welcome Jesse Van Tol, who will be joining us to share his expertise on inclusive economic policies, community development and finance. The discussion will also focus on promoting equitable access to economic opportunities and increasing investment in historically underserved communities.

MEDIA ALERT: Lina Khan, Chair of the FTC

ECNY: Signature Luncheon

As Chair of the Federal Trade Commission, The Honorable Lina M. Khan will address the Club to share here insights and plans on ensuring a fair and transparent marketplace.

Robert Lighthizer, 18th U.S. Trade Representative

ECNY: Video Webinar

Author Series

Join us as we welcome Former U.S. Trade Representative Ambassador Robert Lighthizer for a discussion on his new book No Trade Is Free: Changing Course, Taking on China, and Helping America's Workers.

White House Economic Official Brainard: Inflation on Moderating Path

U.S. News & World Report:  White House Economic Official Brainard: Inflation on Moderating Path

National Economic Council Director Lael Brainard on Wednesday said the latest U.S. economic data shows that upward price pressures can and are receding without a surge in unemployment that many had feared.

"The economy is defying predictions that inflation wouldn't fall absent significant job destruction," Brainard said at an event held by the Economic Club of New York. "Just today we saw new and encouraging evidence that the economy is on the path to moderate inflation accompanied by a resilient jobs market."

READ MORE

Andrew N. Liveris, Former Chair and CEO of The Dow Chemical Company

ECNY: Video Webinar

Author Series

Join us as we welcome Andrew N. Liveris for a discussion on his new book Leading Through Disruption that focuses on a new leadership paradigm for resilience and agility in a rapidly changing world.

Brainard Sees ‘Solid’ US Recovery, Downplays Recession Risks

Bloomberg News: Brainard Sees ‘Solid’ US Recovery, Downplays Recession Risks
Brainard Sees ‘Solid’ US Recovery, Downplays Recession Risks

Top economic adviser touts president’s record ahead of 2024
Despite positive data, voters give Biden poor marks on economy

READ MORE

Why inflation is losing its punch — and why things could get even better

NPR: Why inflation is losing its punch — and why things could get even better
Economist Lael Brainard says some companies added to their profit margins during the last two years of strong inflation — a trend that could soon be reversed.

Brainard served as Vice Chair of the Federal Reserve board before moving to the White House in February to direct the National Economic Council. She points to what she calls a "price-price" spiral, when companies see their costs go up, then raise their own prices even more.

"It will be important for corporations to continue to bring their markups down after having raised them to unusually elevated levels over the past two years," Brainard told the Economic Club of New York Wednesday.

READ MORE

Inflation drops to lowest levels since March 2021 as economy cools

The Washington Post: Inflation drops to lowest levels since March 2021 as economy cools

The Biden administration, which has faced an uphill battle convincing Americans that it has a handle on inflation, cheered the news. In recent weeks, the president has touted his “Bidenomics” plan as a way to rebuild the economy for the middle class. In a statement Wednesday, Biden said the new report showed “Bidenomics in action.”

The figures offer “new and encouraging evidence that the U.S. economy is on the path to moderate inflation accompanied by a resilient jobs market,” Lael Brainard, director of the National Economic Council, told the Economic Club of New York.

READ MORE

U.S. recovery 'solid,' says White House's Brainard, as inflation slows

MarketWatch: U.S. recovery 'solid,' says White House's Brainard, as inflation slows

The U.S. economy is in a “solid” recovery, top White House economist Lael Brainard said Wednesday, hours after new data showed inflation continuing to cool.

Speaking at an Economic Club of New York event, National Economic Council Director Brainard said there’s “encouraging evidence that the economy is on the path to moderate inflation accompanied by resilient jobs market.”

READ MORE

Lael Brainard, 14th Director of the NEC

ECNY: Signature Luncheon

As the 14th Director of the National Economic Council, Director Lael Brainard will address the Club to discuss strategies and policies aimed at fostering resilient and inclusive economic growth.

Mark Zandi Chief Economist at Moody's Analytics

ECNY: Video Webinar

Join us as we welcome esteemed economist Mark Zandi for a discussion on a wide range of economic issues, including his unique perspective on market trends and political implications.

Bridgewater’s Karniol-Tambour calls for more quantitative tightening

CFO Dive: Bridgewater’s Karniol-Tambour calls for more quantitative tightening

he government should tackle persistent inflation through additional quantitative tightening, according to Karen Karniol-Tambour, co-chief investment officer of hedge fund Bridgewater Associates.

“We need another round of tightening in order to slow growth more … to get the inflation outcomes that are acceptable,” Karniol-Tambour said at a virtual event hosted by the Economic Club of New York on Monday.

READ MORE

Karen Karniol-Tambour, Co-CIO at Bridgewater Associates

ECNY: Video Webinar

Join us and Karen Karniol-Tambour for a discussion on the economics of sustainable and social responsible investing.

Apollo (APO) CEO Marc Rowan Sees 'Non-Recession Recession' as Rate Hikes Bite

BLOOMBERG:  Apollo (APO) CEO Marc Rowan Sees 'Non-Recession Recession' as Rate Hikes Bite

Fixed income and equities markets have already adjusted, Rowan said Tuesday at an event hosted by the Economic Club of New York. Other areas, including real assets, have yet to fully price in the effects of rising interest rates.

READ MORE

Marc Rowan, CEO of Apollo Global Management

ECNY: Signature Luncheon

Join us for a discussion on the transformative role of private markets in today's economy with Marc Rowan and Andrew Ross Sorkin.