Bureaucracy keeps on regulating through the chaos
The federal government responded to the 2008 mortgage crisis by piling new regulations on the financial system, but lower-skilled finance employees were squeezed out of the job market.
Protected financial access for politically targeted industries
By lowering the “travel rule” threshold to $250, the government could access more of our financial data.
Regulations have hiked up the cost of doing business, causing firms to automate and hire more employees with advanced degrees.
Officials claim doing business is a revocable “privilege,” but many Americans see it as a right that they’ll exercise with or without licenses and permits.
Sometime in 2021, the American people will be presented with a reorganized and newly empowered federal public health bureaucracy. As time passes, it will grow in size and scope.
“Can an independent federal agency that is supposed to regulate commodity futures assert power over every single purchase or sale of a commodity?”
It’s all part of the international push by officials to monitor the public. You’re next.
You might want to think twice about putting that new gun on your credit card.
After senators sent threatening letters to Visa, Mastercard, and Stripe, the companies "decided" not to sign on to the online payment system.
Alexandra Ocasio-Cortez will never get to interrogate Satoshi Nakamoto.
If there’s one thing government types can agree on, it’s that nobody should be allowed to buy and sell stuff without permission.
Warren proposes giving grants to minority-owned small businesses, but regulations she supported reduced access to capital for aspiring entrepreneurs.
FDIC Attempts to Pressure Banks into Denying Services to Payday Lenders Violates Due Process Rights, Lenders Argue
Lawsuit wants to curb actions like "Operation Choke Point' in which bank regulators discourage banks from servicing certain customers, including gun and ammo dealers.
The PATRIOT Act fell out of fashion-but swap "human trafficker" for "terrorist" and let the civil liberties infringements roll!
Entrapment prosecution of bitcoin exchangers highlights government's war on privacy.
Instead of limiting what risks banks can take, the government should force banks to live with the consequences of those risks.
The Consumer Financial Protection Bureau stays, but Obama-era regulations that suffocated small banks are toast.
After a monthslong showdown with the Senate, House leaders have agreed to pass a modest set of financial regulation reforms.
In a politicized environment, getting on the wrong side of regulators can be dangerous. Don't be surprised if banks and insurers cave.
Economists Robert Murphy and George Selgin face off at the Soho Forum.
Cryptocurrency is just code, and code is just speech, which is why in the U.S., at least, it's protected.
Senate Republicans could vote as soon as this week to repeal the CFPB's ban on arbitration clauses.
It's the latest effort to use the Congressional Review Act to assert the authority of elected lawmakers over appointed bureaucrats.
Federal application of banking law to bitcoin nets another victim.
The House approved the bill with a party line vote on Thursday, but it's prospects are dim in the Senate.
Nevertheless It Persists: The Consumer Financial Protection Bureau Fights Trump, Congress, and Federal Courts in Effort to Remain Unaccountable to Anyone
The CFPB is fighting a three-front war against Congress, the Trump administration, and in the courts to maintain its unaccountable status.
In "All the President's Friends: Political Access and Firm Value," finance professors outline three ways government meetings may be valuable to companies.
An Ivy League professor went to work in the industry to figure out why so many Americans choose to remain "unbanked."
Nicolas Maduro's Venezuela is one place where Friedrich Hayek's most dire warnings remain relevant.
Banks Flagging Frequent Pharmacy Trips, Bulk DVD Rentals, and Other Ordinary Activity to Turn Over Tips to Government Snoops
All sorts of normal behavior are now triggering financial surveillance as banks try to comply with confused government policies on human trafficking.
Attempts to make sure the feds can successfully tax pseudonymous bitcoin transactions getting serious.
Now-dead bill would have regulated anyone who ever used Bitcoin, and video games with in-game digital currencies with real world value, as if they were a professional money transmitter.
"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.
Big banks needed government help to pull off the heist.
How red tape is hurting the cryptocurrency industry.
A program meant to stamp out fraud has put a stranglehold on legitimate industries.
Ten startups have turned off their services in the Empire State to avoid applying for a BitLicense.
Notwithstanding her rhetoric about growth and empowering entrepreneurs, Clinton's speech was none too keen on capitalism.