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David Wessel

David Wessel

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Brookings; Fed/deficits/indicators

Federal Reinsurance Needed to Shield Homeowners From Climate Risks
Social•Mar 16, 2026

Federal Reinsurance Needed to Shield Homeowners From Climate Risks

A preview of a paper to be released on March 18 that makes the case for creating a federal reinsurance entity to cope with the challenges that climate change poses to the homeowners insurance market https://t.co/N0nM5u9Owq via @BrookingsInst

By David Wessel
Fiscal Policy Dragged Q4 Growth, Boosts Q1
Social•Feb 25, 2026

Fiscal Policy Dragged Q4 Growth, Boosts Q1

Hutchins Fiscal Impact Measure: Local, state & federal fiscal policy shaved 1 pct pt from GDP growth in Q4. We expect it will be *add* 2.6 pts in Q1 as effects of shutdown are reversed, will be roughly neutral...

By David Wessel