Financial Regulation

Reason Writers Eating Power Lunch: Matt Welch on CNBC Talking SEC and Bernard Madoff

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On CNBC's Power Lunch yesterday, Reason Editor in Chief Matt Welch discussed the false promise of regulation, the pointless fishing expeditions of the boomtime Securities Exchange Commission, the self-perpetuating nature of the federal government, and the fact that George W. Bush was a far bigger regulator–and financial regulator–than Bill Clinton. Whole thing at around nine minutes: