John Ydstie After covering the economy, Wall Street and federal budget issues for two decades, John Ydstie is now applying his reporting and interviewing skills as a roving national correspondent.
John Ydstie 2010
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John Ydstie

Jerome Powell, nominated to be the next chairman of the Federal Reserve Board, testifies Tuesday during his confirmation hearing before the Senate Banking Committee. Alex Wong/Getty Images hide caption

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Alex Wong/Getty Images

Trump's Pick For Fed Signals Interest Rate Hike Likely Next Month

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Study Finds Republican Tax Bills Directly Benefit Businesses, Not The Middle Class

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Fed Chair Janet Yellen on Monday submitted her resignation from the Federal Reserve Board. Earlier this month, President Trump named Jerome Powell to be the next Fed chair. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

House Lawmakers Scheduled To Vote Thursday On Tax Overhaul

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Republicans in the House and Senate have come up with different proposals to overhaul the U.S. tax code, but both bills would add $1.5 trillion to the national debt. J. Scott Applewhite/AP hide caption

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J. Scott Applewhite/AP

GOP Tax Cuts Expected To Push Up Nation's Debt

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Jerome Powell was nominated to the Federal Reserve Board by former President Barack Obama in 2012. Bloomberg/Bloomberg via Getty Images hide caption

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Bloomberg/Bloomberg via Getty Images

Trump Picks Federal Reserve Insider Jerome Powell To Be Its Chairman

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Trump To Announce Pick To Lead Federal Reserve

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President Trump hasn't said whether he will reappoint Federal Reserve Chair Janet Yellen to a second term. He is expected to announce his decision Thursday. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

President Trump could ask Janet Yellen to stay on as the Federal Reserve chair, but other names are also circulating. Pablo Martinez Monsivais/AP hide caption

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Pablo Martinez Monsivais/AP

Next Fed Chair Will Help Determine Pace Of Interest Rate Hikes

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Chip Councell's ancestors began farming on Maryland's Eastern Shore in 1690. He says that in today's world, U.S. farmers have to look abroad for markets. John Ydstie/NPR hide caption

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John Ydstie/NPR

As Trump Moves To Renegotiate NAFTA, U.S. Farmers Are Hopeful But Nervous

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Federal Reserve Board Chair Janet Yellen says the process of unwinding the central bank's massive bond holdings will be gradual. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

Fed's Unwinding Of Crisis Programs Expected To Push Up Interest Rates Very Gradually

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A strengthening global economy is among the most important forces putting downward pressure on the dollar. agcuesta/Getty Images/iStockphoto hide caption

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agcuesta/Getty Images/iStockphoto

The Dollar Is Weaker, But That Might Not Be A Bad Thing

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Alvin Ziminsky owns this 1964 21-window deluxe bus. He says his $100 investment in 1995 could be worth almost $150,000 now that it has been restored. Les Cook/NPR hide caption

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Les Cook/NPR

Restoring VW Beetles, Buses ... And Dreams

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U.S. Census Bureau Records Improvements In Income, Poverty And Health Coverage

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