Policy Library

As Congress considers how to reconcile rising federal debt levels and the debt limit, discussions about the role of the debt limit among Members of Congress, researchers, and the media promise to beco...

Stablecoins are digital assets generally designed to maintain a stable value by linking the value to a national currency or other reference assets. The term stablecoin does not affirm that a particula...

Introduction Municipal bonds are debt securities issued by state, city, county, and other nonfederal government agencies to pay for capital projects, such as highways, airports, sewers, bridges, schoo...