Daniel Indiviglio is a Reuters Breakingviews columnist, based in Washington, where he covers the intersection of politics and business. He joined from The Atlantic, where he covered a similar beat, providing analysis on topics such as financial regulation, housing finance policy, the Treasury, and the Fed. He also wrote for Forbes. He is a 2011 Robert Novak Journalism Fellow through the Phillips Foundation. Prior to becoming a journalist, Dan spent several years working as an investment banker and a consultant for financial services firms. He holds a BA from Cornell University, where he triple majored in economics, philosophy and physics. Follow Dan on Twitter @indiviglio
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One of the worst U.S. airports, in the country’s financial hub, is finally slated to be rebuilt, by 2021. At least $4 bln of funding will be public, private and local, but Washington played an important advocacy role. Absent a nationally led effort, it’s a decent model to follow.
Congress wants to fund highway repairs by raising mortgage insurance fees and cap pay for bosses of the two rescued GSEs. Both proposals are well intentioned but encourage the idea that Fannie and Freddie are permanent wards. It’d be better to find ways to help them leave home.
Donald Trump is just one of 21 wannabe candidates for U.S. president next fall. Talk of policy and qualifications, including folks with time at Lehman, is swamped by soundbites designed to grab notice. At least until early 2016 it’s a spectacle, not a preview of the real choices.
- Dodd-Frank plays Whac-A-Mole with financial risk
- Defense-minded Lockheed plays strong offense
- Ultra-efficient Citi needs efficient returns
- U.S. banks lay bare irrational investor exuberance
- Wells Fargo shows lower earnings can be good news
- White House hopeful is a punchline for bank reform
- Puerto Rico woes come with systemic silver lining