Econ 101: April 4, 2012

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • The White House and Democrats are examining ways to prevent a scheduled doubling in student loan interest rates. [Politico]
  • According to the minutes from its latest meeting, the Federal Reserve is not going to launch new measures to boost the economy. [Wall Street Journal]
  • Chinese Premier Wen Jiabao said yesterday he intends to “smash the monopoly” of state-owned banks. [Financial Times]
  • Regulators are set to punish JP Morgan Chase for actions tied to the collapse of Lehman Brothers in 2008. [New York Times]
  • Rising tax receipts could bring the hemorrhaging of state and local government job cuts to an end soon. [Bloomberg]
  • IMF Managing Director Christine Lagarde yesterday called for the U.S. to help boost the IMF’s “firepower.” [AFP]
  • The latest United Nations data shows that 2.4 million people are currently victims of human trafficking. [Associated Press]
  • Sen. Bill Nelson (D-FL) said yesterday that Commodity Futures Trading Commission Chairman Gary Gensler should implement limits on oil speculation or resign. [The Hill]