“The Russian government has sold off the vast majority of its holdings of U.S. Treasury securities for reasons that remain mysterious, in a dramatic move that experts are calling unprecedented,” the Daily Mail reports.
“A U.S. Treasury report released on July 18 shows that Russian holdings of Treasury securities declined by 84% between March and May, down to just $14.9 billion from March holdings of $96.1 billion.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.