Financial Regulation

The Republican Retreat From Market-Based Regulation

By Mark Thoma

During the debate over the repeal of Obamacare, Republicans made frequent reference to their desire for a “free market” for health care. This is consistent with the GOP’s long-standing support of...
Who’s Watching Wall Street? The Feds Turn a Blind Eye to Goldman’s Game

By David Dayen

Why are House Republicans working so hard to repeal Wall Street reform when regulators have shown so much willingness to neglect tougher laws?
You Get What You Pay For: Banks Spent Billions on Lobbying During the Election

By Pete Schroeder, Reuters

Banks and other financial companies expecting big benefits from Republican-led deregulation spent record amounts on lobbying in the last election cycle, according to an advocacy group report released...
The One Way Trump’s Administration Really Is a Fine-Tuned Machine

By David Dayen

The government-by-mood-ring fluctuations of the Trump presidency have corrected the myth that politicians conjure up devious plans to manipulate the public years in advance. It’s beyond clear that...
Trump the Populist Is Trying to Hobble a Champion of the Little Guy

By Ciro Scotti

After being bested by Hillary Clinton in a primary contest that saw the deck stacked against him by the Clinton Machine, Bernie is back in the Senate doing what he has always done for the past 30-odd...

Overhauling Dodd-Frank May Not Succeed, but Also May Not Matter

By Liz Peek

Nancy Pelosi says President Trump’s call to reshape Dodd-Frank is a “massive con” and that he is putting #WallStreetFirst. Sadly, she has set the tone for Congressional Democrats, siding with...
Populist on the Trail, Trump Pivots Toward the Banking Industry

By Rob Garver

After a campaign spent railing against his opponent’s connections to Wall Street banks and promising to stand up for ordinary Americans against the moneyed interests holding them back, President...
In the Trump Administration, Credibility May be a Problem

By Mark Thoma

As a department chair at a university, you learn that a promise from the Dean or anyone else in the administration is good for about five years. That’s approximately how long Deans last, on average,...
Here’s Who Wins With Trump’s Order to Slash Regulations

By Rob Garver

Trump on Monday morning signed an executive order on Reducing Regulation and Controlling Regulatory Costs. The order is unquestionably a gift to the business community, which constantly complains of...
How the GOP Could Wipe Out Federal Regulations in One Easy Step

By Rob Garver

A new interpretation of an old law may allow Republicans to wipe out decades of federal regulations. Congressional Republicans have been eager to dismantle many of former president Barack Obama’s...

Inequality in Capitalist Systems Is Not Inevitable

By Mark Thoma

Capitalism is the best economic system yet discovered for giving people the goods and services they desire at the lowest possible price, and for producing innovative economic growth. But there is a...
Why Banks Aren’t High on Taking Marijuana Money

By John Grgurich, The Fiscal Times

To bank or not to bank? That's the question when it comes to 'cannabusiness'
Lawsuit Claims JPMorgan Deal with DOJ Was Illegal

By Rob Garver

A lawsuit filed in Washington Monday challenging the legality of last year’s $13 billion settlement between the Justice Department and JPMorgan Chase sounds compelling, but faces hurdles.
Banks Let Predatory Lenders Drain Customer Accounts

By Rob Garver

Imagine a bank that not only gives your creditors access to your account but lets them siphon off your money. Prosecutors are reportedly eyeing up to 50 institutions for doing just that. One lawsuit...
Ho, Ho, No: Ruling Guts Small Bank Profits at Xmas

By Rob Garver

Jimmy Stewart may be everyone’s ideal of the small town banker, but this year, for hundreds of community banks across the country, Christmas isn’t playing out like It’s a Wonderful Life. To their...

Search form