Blog
In Praise of Pro-Consumer Tenure of Finance Regulator Kraninger
As she prepares to give her semi-annual testimony to Congress this week—on Wednesday to the House Financial Services Consumer Financial Protection Bureau and on Thursday…
Blog
Feds: Gambling Fine, But Investing Too Risky
“In the risk reform debate, as in so many political debates, logic is often for losers.” So lamented Competitive Enterprise Institute founder and president emeritus…
Blog
Debt Collectors Keep Credit Market Flowing
Debt collecting is a profession that gets little love, but given the social good done by debt collectors who operate ethically and follow the rules,…
Blog
Defiance of Congress Melts Federal Reserve Credibility
In advance of his testimony yesterday before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell was the subject of a front-page story in The…
Blog
Facebook Libra Highlights Flaws of Fed Foray into Real-Time Payments
More than ten years after the pseudonymous Satoshi Nakamoto published the source code for Bitcoin, and after hundreds of other cryptocurrencies have been introduced, Facebook…
Blog
SEC’s ‘Regulation Best Interest’ Respects Investor Choice
Today, the Securities and Exchange Commission approved final rules that comprise “Regulation Best Interest,” which will govern conduct of broker-dealers in their transactions with retail investors. Any…