How did we find ourselves confronting the worst threat to the US economy since the Great Depression?
Journalist David Wessel explains what the Federal Reserve did right and did wrong, where the economy stands now and where it is headed.
Evelyn Dilsaver is the former Executive Vice President of Charles Schwab and President and CEO of Charles Schwab Investment Management.
David Wessel is economics editor for The Wall Street Journal and writes the Capital column, a weekly look at the economy and forces shaping living standards around the world. He is responsible for overseeing coverage of the Fed and the Journal’s daily coverage of the macro economy, global trade and economic trends. He appears frequently on National Public Radio and WETA’s “Washington Week.”
David has written two New York Times best-sellers: “Red Ink: Inside the High Stakes Politics of the Federal Budget” (2012) and “In Fed We Trust: Ben Bernanke’s War on the Great Panic” (2009).
He was deputy bureau chief of The Wall Street Journal's Washington bureau. David joined The Wall Street Journal in 1984 in Boston, and moved to Washington in 1987. In 1999 and 2000, he served as the newspaper’s Berlin bureau chief.
A native of New Haven, Conn., and a product of its public schools, David previously worked for the Boston Globe, the Hartford (Conn.) Courant and Middletown (Conn.) Press. A 1975 graduate of Haverford College, he was Knight Bagehot Fellow in Business & Economics Journalism at Columbia University in 1980-81.
David has shared two Pulitzer Prizes, one for Boston Globe stories in 1983 on the persistence of racism in Boston and the other for stories in The Wall Street Journal in 2002 on corporate wrong-doing. He is also the co-author, with Wall Street Journal reporter Bob Davis, of Prosperity, a 1998 book on the American middle class.
David is a trustee of Temple Sinai in Washington, D.C. He and his wife, Naomi, have two children.