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CFPB budget woes underscore fundamental problems with bureau’s set up
The Consumer Financial Protection Bureau (CFPB) may run out of money soon, according to news reports. The bureau has been controversial from the start due…
Blog
Katie Porter’s exchange with CFPB’s Kraninger revisited amid new revelations
A recently surfaced clip of former Rep. Katie Porter (D-CA) has sparked a firestorm online. In a newly revealed 2021 video revealed published by…
Blog
The week in regulations: Poultry improvement and painful scars
The federal government shut down on Wednesday. Thursday’s Federal Register had 60 final regulations; normal is about 10. Defense Secretary Pete Hegseth flew in hundreds…
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Study
The Community Reinvestment Act’s Harmful Legacy
How the CRA has hurt those it was intended to help, residence of low income neighborhoods with little access to credit.
Newsletter
Interest Rates, Video Games and an Economist Debate
Investors expect the Federal Reserve to enact a rare full percentage point cut in interest rates. A federal appeals court rules that Minnesota cannot fine…
Citation
the Possibility of a Recession
Citation
On the Verge of Another Fed Rate Cut; Update: Interest Rate Lowered .75 to 2.25 Percent
Study
Some Answers about Credit Unions
A recent, widely circulated advertisement from the American Bankers Association asks some questions of the credit union industry. They’re good questions and, in…
Newsletter
Gun Rights, Spitzer’s Legal Legacy and Economic Stimulus
The Supreme Court prepares to hear a challenge to Washington, D.C.’s city-wide ban on handguns. New York Governor Eliot Spitzer officially resigns from office today…