Are Financial Regulators Too Political, or Not Political Enough?
Regulatory agencies were never designed to be political, but the tables have turned.
Financial Regulation
As U.S. Establishment Fails Financially, Leaders Try to Make Cryptocurrencies the Scapegoat
Politicians attack dollar-backed cryptocurrencies called “stablecoins” and the decentralized finance it enables
Dems Want to Soak the Rich by Snooping on the Poor
Nancy Pelosi, Elizabeth Warren, and co. insist that the IRS needs to know about $600 bank accounts.
Banks and Trade Groups Reject Saule Omarova, Biden's New Currency Comptroller Pick
Omarova's starry-eyed view of the Soviet Union and interest in giving far more power to the Federal Reserve should not inspire confidence.
China Expands Crypto Crackdown, Targeting Mining and Overseas Platforms
Though domestic crypto transactions were banned back in 2017, today's move signals that Chinese authorities are making good on their threats from earlier this year.
Regulators Threaten Coinbase and Cryptocurrency Innovation
Innovation should be more important than regulation.
Biden's Plan To Crack Down on Tax Cheating: Snooping on Everyone's Bank Accounts
The president says the IRS needs just two bits of information: all the money that goes into your bank account, and all the money that comes out.
Securities Regulations Shackle U.S. Cryptocurrency Industry
Old rules and odd enforcement are pushing opportunities overseas.
Cryptocurrency Fight Holds Up Infrastructure Bill
For now, the side that wants less cryptocurrency regulation and taxation lost.
Why Are There New Crypto Rules in the Infrastructure Bill?
Plus: California's new pork regulations, Florida's COVID-19 boom, and more...
Why Does the CFPB Want To Protect Teens From Cryptocurrencies?
Rather than let students weigh crypto costs and benefits on their own, the Consumer Financial Protection Bureau claims to know best.
Federal Regulators Require Rent Collectors To Lie About the CDC's Illegal Eviction Moratorium
The Consumer Financial Protection Bureau claims to be enforcing a law that prohibits "false or misleading representations."
Is International Surveillance of Cryptocurrency Use on Its Way?
Say what you will about the U.S., but its financial reporting rules are at least consistent.
SPAC Attack: SEC Slowdown Hits Investment Vehicle
SPACs give ordinary investors a chance for big returns, but the SEC approval process is fraught with delays.
What Should Have Happened at the GameStop Hearing
Can’t work Zoom, will fix financial markets.
Biden Administration Suspends Rule Protecting Businesses From Banking Discrimination
Experts disagree on whether the move is a win for free association.
Embattled Administration Pushes Midnight Controls on Financial Tech
Bureaucracy keeps on regulating through the chaos
Dodd-Frank Is Driving the Wrong Kind of Innovation
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.
Proposed Banking Rule Change Would Upend Oppressive 'Operation Chokepoint' Tactics
Protected financial access for politically targeted industries
Feds Propose Even More Surveillance of Your Banking Habits
By lowering the “travel rule” threshold to $250, the government could access more of our financial data.
How Will Bitcoin Lead to More Freedom?
The 1987 debate that foreshadowed the divide in today's cryptocurrency community
Federal Regulations Have Forced Lower-Skilled Workers Out of Banking Jobs
Regulations have hiked up the cost of doing business, causing firms to automate and hire more employees with advanced degrees.
Americans Are Growing Less Willing To Beg for Permission To Make a Living
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.
What 9/11 and the Financial Crisis Teach Us About COVID-19
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.
The CFTC Velociraptor Has Escaped the Fence That Dodd–Frank Built to Contain It
“Can an independent federal agency that is supposed to regulate commodity futures assert power over every single purchase or sale of a commodity?”
Australia Moves To Restrict Cash and Build Up Its Surveillance State
It’s all part of the international push by officials to monitor the public. You’re next.
New Gun Control Bill Encourages Financial Institutions to Report 'Suspicious' Firearm Transactions
You might want to think twice about putting that new gun on your credit card.
Government Scares Companies Away From Facebook's Libra Project
After senators sent threatening letters to Visa, Mastercard, and Stripe, the companies "decided" not to sign on to the online payment system.
Elizabeth Warren's Plans Don't Add Up
The Warren worldview of ill-founded economic pessimism is both bloodless and moralizing.
Facebook's Libra Yields Before Congress. Bitcoin Can Never Be Controlled.
Alexandra Ocasio-Cortez will never get to interrogate Satoshi Nakamoto.
Trump and Others Scared of Cryptocurrency Echo Earlier Fears About Cash
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 Has a Plan To Help the Entrepreneurs She Screwed Over With Dodd-Frank
Warren proposes giving grants to minority-owned small businesses, but regulations she supported reduced access to capital for aspiring entrepreneurs.
The Fed Is Not the Answer for Real-Time Payments
There's an inherent conflict of interest when an agency serves as both a regulator and competitor.
America's Economic Health Has Improved
The U.S. rose four places in the International Tax Competitiveness Index, and this just the latest bit of good news.
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.
House to Vote on 'Human Trafficking' Bill That Strengthens PATRIOT Act Spying
The PATRIOT Act fell out of fashion-but swap "human trafficker" for "terrorist" and let the civil liberties infringements roll!
Why Shouldn't a Free American Carry Hundreds of Thousands of Bucks in a Trader Joe's Paper Sack?
Entrapment prosecution of bitcoin exchangers highlights government's war on privacy.
No, Repealing the Volcker Rule Won't Cause an Economic Collapse
Instead of limiting what risks banks can take, the government should force banks to live with the consequences of those risks.
Congress Just Voted to Repeal a Few Bits of Dodd-Frank
The Consumer Financial Protection Bureau stays, but Obama-era regulations that suffocated small banks are toast.
Consumer Financial Protection Bureau
House Republicans Decide Some Dodd-Frank Reform Is Better Than None
After a monthslong showdown with the Senate, House leaders have agreed to pass a modest set of financial regulation reforms.
New York Officials Weaponize Regulatory Power Against the NRA
In a politicized environment, getting on the wrong side of regulators can be dangerous. Don't be surprised if banks and insurers cave.
Does Fractional Reserve Banking Pose a Threat to the Economy? Watch the Livestream.
Economists Robert Murphy and George Selgin face off at the Soho Forum.
Bitcoin Is Free Speech: Why Jamie Dimon Was Wrong and Governments Can Never 'Close It Down'
Cryptocurrency is just code, and code is just speech, which is why in the U.S., at least, it's protected.
Consumer Financial Protection Bureau
Defenders of the CFPB's Newest Financial Regulation Are Ignoring Crucial Facts
Senate Republicans could vote as soon as this week to repeal the CFPB's ban on arbitration clauses.
Consumer Financial Protection Bureau
Senate Republicans Aim to Block New Consumer Financial Protection Bureau Rule
It's the latest effort to use the Congressional Review Act to assert the authority of elected lawmakers over appointed bureaucrats.
Phoenix Neurologist is Charged With Selling Bitcoin Without a License
Federal application of banking law to bitcoin nets another victim.
