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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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Blog
Fed Credibility Depends on it Continuing to Raise Rates
Today’s federal funds rate hike is good news because it signals commitment. That will help the public to expect the Fed to continue to…
Blog
House Financial Services Committee Leans on SEC’s Gensler for More Transparency
House Financial Services Committee Leans on SEC’s Gensler for More Transparency Republicans on the House Financial Services Committee and some allies in the Senate are…
News Release
Supreme Court Rightly to Review CFPB Funding Constitutionality
The Supreme Court today announced it will review the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) funding, an unusual arrangement of unchecked funding from…
Blog
Fed Economist: Study Shows Danger of Government-Mandated Financial Misinformation
Study from Fed Economist Shows Danger of Government-Mandated Financial Misinformation The “Twitter Files” have made some shocking revelations about government entities…
Wall Street Journal
Biden’s Regulatory Deluge
Regulatory costs to the economy are now reckoned to be at least $2 trillion, or roughly 8% of U.S. gross domestic…
Blog
Study from Fed Economist Shows Danger of Government-Mandated Financial Misinformation
The “Twitter Files” have made some shocking revelations about government entities muscling social media companies to deplatform people in the name of preventing so-called…