'Serial Child Molester' Dennis Hastert Gets 15 Months for Something That Shouldn't Be Illegal
The former speaker of the House can no longer be prosecuted for his real crimes.
Banking
Ted Cruz Takes a Stand Against Operation Choke Point
"The Obama administration initiated Operation Choke Point to punish law-abiding small businesses that don't align with the president's political leanings," says Cruz.
When It Comes to Wall Street Regulation, Bernie Sanders Has a Short Memory
Big banks needed government help to pull off the heist.
Dennis Hastert Notwithstanding, the Structuring Law Is Unjust
Even people who have committed no other crime can go to jail for trying to maintain their financial privacy.
Panama Papers Previews What Donald Trump's Jacksonian Economics Would Look Like
When the biggest economy on the block gets to write the global rules, foreigners and regular Americans get screwed, elites skate, and hypocrisy rules the day.
How the Fed Was Born
A book about the birth of the Federal Reserve overlooks the flaws in the system.
Is Liechtenstein a Libertarian Utopia?
Prince Hans-Adam II says open borders, low taxes, free trade, and small government should define "the state in the third millennium."
If You Don't Need Those Big Bills, You Probably Don't Need Cash At All. Do You, Now?
Harvard and other elites take aim at any possibility of financial privacy in the name of curbing criminals flashing their big cash.
Retailers Don't Need Another Regulatory Handout
Hidden consequences of banking regulation hurt poor people the most.
Judge Dismisses Lawsuit by Credit Union Trying to Serve the Marijuana Industry
A federal judge says letting the credit union use the Federal Reserve's payment system "would facilitate criminal activity."
Colorado Cannabis Credit Union Demands Access to the Federal Reserve System
Is turning away marijuana money illegal, or is it legally required?
Why Presidential Candidates From Both Parties Are Wrong About Community Banks
Plenty of Americans prefer the convenience of banking somewhere large.
"Yes Yes Yes": Hillary Clinton on Breaking Up Banks
And yet, she voted to bail them out and Dodd-Frank is only making big banks bigger. So why the Molly Bloom impersonation?
Federal Reserve Blocks 'Marijuana Bank' in Colorado
Many legitimate marijuana businesses are still locked out of the financial system.
Millions of Americans Who Avoid Banks Offer a Peek at the Underground Economy
Much of the country buys, sells, and makes a living outside official scrutiny
At Least the Federal Reserve Can Help Those Playing the Stock Market
Otherwise, evidence for positive outcome from quantitative easing slim, says study from Federal Reserve Bank of St. Louis.
When the Irish Improvised a DIY Banking System
Just try to order a Guinness in a regular bank.
Bipartisan Senate Bill Would Protect Banks That Do Business With Marijuana Merchants
Regulators and prosecutors would be barred from punishing financial institutions for serving state-licensed cannabusinesses.
No, the Greek Banking Crisis Isn't About to Turn the Country Into a Bitcoin Paradise
If there ever were any Greeks to speak of transferring their savings into bitcoins, chances are most have stopped.
Heading Into Weekend With No Deal, Greeks Rush to Withdraw Cash
This is what a bank run looks like.
New York Just Announced the Final Details of the BitLicense, a New Regulatory Regime For the Bitcoin Industry, and They're Pretty Frightening
The BitLicense will provide a "moat" protecting Wall Street from Bitcoin.
Elizabeth Nolan Brown in Playboy (Not Like That) on How We'll Soon Send Money Quickly, Anonymously, and From Anywhere
Historically uncool QR codes are poised to be a main driver of anonymous e-payment.
Convenience Store Owner Stands Firm Against Outrageous IRS Money Grab, and the IRS Blinks
The feds drop a forfeiture case that violated their own policies.
Bill Barhydt Has a Bold Plan to Use Bitcoin and the Sharing Economy To Boost the Flow of Cash Into Third World Countries. Will Regulators Stand in the Way?
Bitcoin has the potential to take the friction out of sending money abroad, but delivering on that potential isn't easy.
IRS Steals $107,000 From Convenience Store Owner, Violating Its Own 'Structuring' Policy
The deposits were too small, so the government cleaned out his bank account.
Senators Pitch a Bill Legalizing Medical Marijuana in States That Allow It
The CARERS Act would eliminate federal interference with patients and providers.
U.S. Makes Another Awful Decision to Harm Somalis
Continuing crackdown on U.S. remittances to the Somalia endangers innocent lives.
IRS Steals Widow's Money Because Her Deposits Were Too Small
The agency's new, more enlightened "structuring" policy seems to have a big loophole.
Marijuana Credit Union Still Waiting for the Fed's Approval
An attempt to provide cannabusinesses with banking services could be blocked by bureaucratic resistance.
Cannabis Cash Conundrum, Continued
Serving marijuana merchants is still a big gamble for banks.
Yellen: The Flogging of the Fed's Fiscal Policy Will Continue Until Morale Improves
Low interest rates ahoy!
The Answer to Detroit's Problems: Rich Guys Calling Each Other to Discuss Their 'Neat' Ideas
J.P. Morgan "rolls up its sleeves" and gets to work in saving Detroit.
3 Ways to Get More Americans Into Banking (That Don't Involve the U.S. Postal Service)
Policymakers should get out of the way and let entrepreneurs offer financial services that fit the needs of low-income Americans.
