February 13, 2019
‘Fiduciaries have a moral obligation — and, in some cases, a legal obligation — to avoid sustainable investment practices’
August 13, 2018
Two cases challenging the constitutionality of the Consumer Financial Protection Bureau (CFPB) may require the U.S. Supreme Court to resolve conflicts between earlier decisions reached by judges in lower courts.
July 12, 2018
The Federal Reserve and Trump administration agencies will solicit public comments on a proposed change to the Volcker Rule, a provision of the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010, commonly referred to as “Dodd-Frank.”
June 15, 2018
The Vatican’s Congregation for the Doctrine of the Faith and Dicastery for Promoting Integral Human Development published a magisterial teaching calling for governments to increase financial regulation.
June 6, 2018
In this Research & Commentary, Matthew Glans examines the credit union tax exemption and the debate over whether it should continue.
May 16, 2018
The U.S. House of Representatives will vote on a Senate-approved bill to ease federal restrictions on banks and reduce the cost of regulatory compliance.
January 11, 2018
Review of In Pursuit of Wealth: The Moral Case for Finance, by Yaron Brook and Don Watkins (Ayn Rand Institute, 2017), 250 pages, ISBN-13 978-0996010115, $14.93 on Amazon.com.
January 10, 2018
The online cryptocurrency exchange company Coinbase lost a legal battle against Internal Revenue Service (IRS) efforts to gain access to users’ private data and metadata.
December 3, 2017
The U.S. House of Representatives Financial Services Committee approved a bill to prevent government agencies from using regulatory actions to force out business owners working in disfavored industries such as adult entertainment and firearm sales.
September 7, 2017
The U.S. Department of the Treasury called for public comments on potential revisions to the Volcker Rule, a provision of the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank).
September 6, 2017
A Milwaukee County, Wisconsin ordinance requiring software developers to pay permit fees and security costs to allow people to play cell phone games in government parks is on hold after a federal judge blocked its enforcement.
September 6, 2017
Time ran out for a proposed bill to require Oregon local governments to complete neighborhood zoning reviews in a timely manner. The Oregon House of Representatives Subcommittee on Natural Resources held up the bill until the legislature adjourned.
August 8, 2017
This paper, written by Illinois State University economics professor Dalia Marciukaityte, uses stock market data between 1996 and 2015 to study the effect of a state’s right-to-work (RTW) status on businesses’ financial growth and success.
June 15, 2017
Three members of Congress officially called on Internal Revenue Service (IRS) Commissioner John Koskinen to answer questions about the agency’s probe of Coinbase.
June 12, 2017
The U.S. House of Representatives has approved a bill that would ease federal restrictions on banks, reduce the cost of regulatory compliance, and relax some federal government controls over banks and financial services.
June 9, 2017
The Columbiana, Ohio City Council rescheduled a public hearing on a proposed ordinance “allowing” residents to maintain residential gardens on their property.
June 7, 2017
The government of Puerto Rico, a territory of the United States in the Caribbean Sea, began negotiating with bondholders in federal court to discharge approximately $123 billion in public debt and unfunded pension liabilities.
June 7, 2017
Review of Money: Free and Unfree, by George Selgin (Cato Institute), 2017, 382 pages, ISBN-13: 978-1944424299; $16.96 on Amazon.com.
May 22, 2017
Following the implementation of a ban on tobacco and e-cigarette use in Novato, California in January, lawmakers in neighboring cities are considering similar bans on tobacco and e-cigarette use in public and private spaces.
May 22, 2017
Baltimore Mayor Catherine Pugh announced the creation of 10 new “food truck zones” where such operations will be allowed.
May 19, 2017
Democratic Party members of the U.S. House of Representatives are urging committee chairmen to stall the progress of House Resolution 10, the Financial CHOICE Act, after the House Financial Services Committee voted in April to allow the bill to proceed.
May 17, 2017
White House Press Secretary Sean Spicer says President Donald Trump supports “a 21st century Glass-Steagall,” referring to proposals to restore financial regulations prohibiting banks from engaging in commercial and investment banking.
May 2, 2017
Will Greece avoid financial disaster one more time by somehow pulling one more rabbit out of a hat? It seems unlikely, but we shall know fairly soon.
April 26, 2017
Lawyers for the U.S. Department of Justice (DOJ) filed an amicus brief opposing a decision by the Consumer Financial Protection Bureau (CFPB), switching sides in a lawsuit over the constitutionality of the structure of the independent government agency.
April 24, 2017
The Indiana Senate approved a bill blocking local governments in the state from preventing homeowners from using Airbnb and other peer-to-peer economy companies.
March 2, 2017
The Florida Legislature is considering a bill that would prevent local governments from enacting regulations effectively banning homeowners from using Airbnb and other peer-to-peer economy companies.
February 28, 2017
North Carolina lawmakers are considering a bill to ask voters to approve new restrictions on local and state governments’ power to seize and resell people’s private property to private developers.
February 23, 2017
This paper, written by Mercatus Center senior research fellows Jason Fichtner and Veronique de Rugy, examines how the 2016 House Republican Tax Reform Task Force Blueprint’s “destination-based cash flow tax” (DBCFT) may affect businesses and consumers.
January 26, 2017
An online cryptocurrency exchange company is vowing to fight a federal agency’s efforts to compel the release of millions of consumers’ private data and metadata.
January 25, 2017
Congress is considering a bill to delay the federal government’s implementation of an Obama administration rule tightening regulations on how retirement investment advisors may serve consumers.
January 24, 2017
A federal judge is scheduled to hear arguments from lawyers representing a consumer mortgage company who hope to present evidence alleging a federal government agency participated in a controversial program.
December 17, 2016
A federal agency tasked with enforcing financial industry restrictions is fighting a court order demanding it reorganize to comply with the Constitution.
December 9, 2016
Review of The Curse of Cash, by Kenneth S. Rogoff (Princeton University Press), 2016, 296 pages, ISBN-13: 978-0691172132; $17.49 on Amazon.com.
November 16, 2016
A federal agency tasked with enforcing financial restrictions on the public must reorganize itself to comply with the Constitution, federal judges ruled.
November 14, 2016
Very few people fully understand the role of the Federal Reserve, an independent federal government agency created in 1913 to establish and administer a national central banking system in the United States.
November 9, 2016
In the November 8 election, Donald Trump won the presidency and Republicans retained control of the House and Senate. In state races, Republicans expanded their majorities in state legislatures and gubernatorial mansions.
October 31, 2016
An Atlantic City resident’s fight against the New Jersey Casino Reinvestment Development Authority’s plan to seize his property and resell it, for undisclosed private purposes has ended in victory, after a state judge ruled against the state agency.
October 12, 2016
Lawmakers in the U.S. House of Representatives are considering a bill that would repeal some federal financial restrictions enacted six years ago in response to the 2008 financial crisis.
October 11, 2016
‘CFPB, created by lawmakers in a fit of panic called the Dodd-Frank Wall Street Reform and Consumer Protection Act, has run amok for years, claiming to be above checks and balances.’ - Jesse Hathaway
September 30, 2016
As additional foreign governments agree to a U.S. federal agency’s demands to hand over American citizens’ financial information, a nonprofit organization representing the interests of U.S. expats called for revised reporting rules.