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Biden’s budget: A continued attack on reliable energy and freedom
President Joe Biden’s FY 2025 budget request of $7.3 trillion is exactly what Americans should have expected: increased spending and taxes. A budget…
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New student loan proposal is regressive, politicized, and won’t stop rising prices
President Biden this week unveiled a new student debt relief proposal. It would cancel student debt for up to 153,000 people who incurred $12,000…
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Red tape? More like chains, thanks to deficit spending and subsidies
Federal subsidies and grants are infamous for having strings attached. That’s nothing new, but those strings are increasingly chains. Businesses are being seduced into corporate…
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Ex-Im Nominee Scott Garrett Rejected, Swamp Claims Another Victim
Appointing Scott Garret to lead the Export-Import Bank should have been an area of broad agreement between the parties.
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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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Pressure Grows to Reform Bank SIFI Designations
What makes a bank risky? While a simple question, the answer is anything but. As the 2008 crisis proved, managing risks in the financial system…
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Nine Years on from the Financial Crisis and We’re No Safer
The real cause of the 2007-08 financial crisis was overwhelmingly the product of government intervention.
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Bailout Mentality Persists in International Banking Despite Reform Attempts
Europe, in an effort to ensure that the next banking crisis would not end in a taxpayer bailout, created bail-in rules and started performing stress…
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Ending the Myth of ‘Too Much’ Bank Competition
It’s time to let the idea that too much competition is bad for financial stability finally die.