Econ 101: February 13, 2013

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.

  • During his State of the Union address last night, President Obama called for a host of measures to boost the middle class. [New York Times]
  • Senate leaders are wary about a proposed trade pact with the European Union. [Washington Post]
  • The Federal Reserve Board is calling for an overhaul of the money-market industry. [Wall Street Journal]
  • Jack Lew, Obama’s nominee for Treasury Secretary, will face his confirmation hearing today. [Reuters]
  • The House Ways and Means Committee is forging ahead with its tax reform effort. [The Hill]
  • Hurricane Sandy was the second costliest in the nation’s history, according to a new report. [Associated Press]
  • Banks are, once again, being asked to help facilitate mortgage aid to troubled homeowners. [New York Times]