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Confirm Kraninger, Rein in Bureau of Consumer Financial Protection
Today, the Senate Banking Committee will likely vote to send the nomination of Kathleen Kraninger for director of the Bureau of Consumer Financial Protection to…
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Elizabeth Warren’s Hypocrisy on Financial Regulation: Part 1
As far as politicians’ transgressions go, I usually don’t get that riled up about hypocrisy. In the course of voting on and debating so many…
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Securities and Exchange Commission Bests Labor Department ‘Fiduciary Rule,’ But Still Adds Red Tape
In March, the Fifth Circuit Court of Appeals killed the Obama administration’s “fiduciary rule,” a prime example of the “bureaucrats know best” type of…
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Federal Charters May Remove Interest Rate Uncertainty for Fintech Firms
The July 31 policy statement by the Office of the Comptroller of the Currency (OCC) announcing that it will now grant “special purpose national…
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In U.S. and Australia, Payment Card Price Controls Create Many Unhappy Returns
Eight years ago this month, the Democrat-controlled House and Senate passed and President Barack Obama signed into law the so-called Dodd-Frank Wall Street Reform and…
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Trump Reorg Plan One Step Forward, Two Steps Back on Fannie Mae and Freddie Mac
My colleagues Trey Kovacs and Iain Murray and, in Forbes, Wayne Crews, give mixed reviews to President Trump’s long-awaited executive branch reorganization…
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Last Chance for the 115th: Unshackle Middle-Class Investors and Entrepreneurs
Congress and President Trump recently gave Main Street banks and credit unions some much-need but still modest relief from the mountains of red tape stemming…
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Cut Red Tape So Middle-Class Investors Can Soar with Next Amazon
Today is the 21st anniversary of the initial public offering of a little company called Amazon. Yes, today Amazon is a behemoth, a supposed…
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Consumer Financial Protection Bureau Targets True Rights Violations with Wells Fargo Fine
After being attacked repeatedly for supposedly being soft on Wall Street and the “big banks,” Acting Consumer Financial Protection Bureau Director Mick Mulvaney was part…
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Implement AEI-Heritage-R Street GSE Plan AND Honor Shareholder Contracts
It is welcome news that our friends from the American Enterprise Institute, Heritage Foundation, and the R Street Institute put forth a plan this week…
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SEC Chairman Jay Clayton’s Comments on Cryptocurrencies Are Cause for Concern
Recent comments by SEC Chairman Jay Claytonmay signal an increasingly heavy-handed regulatory approach toward cryptocurrencies. Such an approach could curb innovation and prove counterproductive in fighting…
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Trump Should Boost Bipartisan Access-to-Capital Bill in SOTU
If President Trump really wants to strike a note of bipartisanship in his State of the Union address, as well as promote measures to build…
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End CFPB’s Collection of Americans’ Financial Data
Last week, when the drama of the dueling directors began at the Consumer Financial Protection Bureau (CFPB), I told The Washington Examiner that the…
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Senate Bill’s Stealth FIFO Capital Gains Hike Hinders Tax Reform
It’s crunch time on tax reform! The House passed a bill just before Thanksgiving. Now it’s the Senate’s turn. A good tax reform bill would…
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Acting CFPB Director Mulvaney’s Bipartisan FinTech Work
Office of Management and Budget Director Mick Mulvaney has long broken bread with folks he disagrees with to find common ground on policy.
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Good Riddance to Finance Regulator Richard Cordray
The resignation of Consumer Financial Protection Bureau Director Richard Cordray is long overdue.
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Property Rights of Fannie and Freddie Shareholders—Including Small Investors—Must Be Respected
Private investors should never be guaranteed any type of government bailout. At the same time, they should not have their property and contract rights violated.
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Fat-Cat Attorneys’ Bogus Arguments on Arbitration Rule
Fat cat class-action attorneys and their apologists are getting desperate.
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Yes, Federal Arbitration Rule Will Harm ‘Little Guys’
The Senate to follow the House’s lead and pass a Congressional Review Act resolution to block the Arbitration Rule.
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Rethinking the Securities and Exchange Commission
The Securities and Exchange Commission be abolished and its authority to punish securities fraud be transferred to the Federal Trade Commission.
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Financial Regulators Should End ‘Too-Big-to-Fail’ Status
In the name of financial stability, federal regulators should at the very least hit the much-need pause button on the SIFI designation process.
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Consumers Win as House Votes to Overturn Credit Card Arbitration Ban
The Senate must follow the House in passing this resolution of disapproval and in passing the Financial CHOICE Act to bring constitutional accountability to the…
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CHOICE Act Helps Sharing Economy and FinTech, but a Senate Bill May Harm It
Earlier this month, the U.S. House of Representatives passed the Financial CHOICE Act along partisan lines with all Democrats present voting against it and all…
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Financial Choice Act Advances National Small Business Week
As National Small Business Week is unfolding, the House Financial Services Committee is now marking up a bill to lend small businesses a helping hand.
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Help Stop Obamacare for Your IRA and 401(k)
While Congress is battling over repeal of Obamacare, President Donald Trump is setting a course to repeal a regulation that the Obama administration pushed through…
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Mnuchin Must Bring Transparency to Fannie Mae and Freddie Mac
Recently-confirmed Treasury Secretary Steven Mnuchin must do everything he can to reverse the extreme secrecy practiced by the Obama Treasury Department.
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Sen. Elizabeth Warren Tries to Silence Fiduciary Rule Critics
Sen. Elizabeth Warren has frequently resorted to intimidation to effectively silence those with views which she disagrees. This is particularly true for critics of the…
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Smart Move for White House to Push Back on Fiduciary Rule, Dodd-Frank
President Trump’s forthcoming executive actions—expected to halt the Department of Labor’s fiduciary rule and call for review of Dodd-Frank regulations—will greatly benefit middle-class investors, entrepreneurs,…
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Congress Should Eliminate SEC Rule that Discloses Company Information to Foreign Governments
Congress should pass a joint resolution of disapproval and block the Securities and Exchange Commission’s rule relating to ‘‘Disclosure of Payments by Resource Extraction Issuers.”…
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Coalition Defends Reform of Credit Union Lending Rules
A dozen conservative and free-market groups have signed onto a coalition letter to preserve deregulation of credit union lending.