United States

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Why did the United States fail to join the League of Nations?

Asked by Adepoju Adeola Praise, from Eastern Mediterranean University

The League of Nations was championed by President Woodrow Wilson in a fourteen-point speech to a joint session of Congress on January 8, 1918, and formally began its operations in January 1920. However, the League failed to win Senate approval and is forever remembered as a major example of a communications breakdown between the president and the Senate.

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See more in United States, International Organizations, U.S. Strategy and Politics, Foreign Policy History, Presidency

Backgrounder Author: Steven J. Markovich

With the economic benefits of broadband access rising, experts continue to debate how U.S. digital infrastructure compares to its international peers. This Backgrounder examines the issues.

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Media Conference Call: Benn Steil on Federal Reserve Exit Strategy

Speaker: Benn Steil
Presider: Michelle Caruso-Cabrera

The prospective challenge of containing inflation, buttressing a collapsed housing market, and normalizing the Federal Reserve's bloated balance sheet has created an "exit strategy" dilemma for Chairman Ben Bernanke. CFR Director of International Economics Benn Steil urges the Federal Reserve to swap mortgage-backed securities with the U.S. Treasury in exchange for Treasury securities, which the Fed can then sell as part of a normal process of monetary tightening.

See more in United States, Financial Crises