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There Are Many Ways to Fix Bank Regulation—Here’s a Start

There Are Many Ways to Fix Bank Regulation—Here’s a Start

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Norbert Michel The Wall Street Journal reports President-elect Donald Trump’s advisers are exploring “pathways to dramatically shrink, consolidate, or even eliminate the top bank watchdogs in Washington.” These kinds of reforms can’t come soon enough. As Cato’s new report to the Department of Government Efficiency (DOGE) explains, US financial markets have too many regulations and too many regulators. Many of the regulations protect incumbent firms, exacerbate instability, and inflate costs. Many of the regulators possess redundant authority. There’s a good case to be made […]

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TGIF: The Unfortunately Forgotten Summer

TGIF: The Unfortunately Forgotten Summer

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Some things haven’t changed since 1883. In that year Yale University professor William Graham Sumner, the anti-imperialist laissez-faire liberal and pioneer of American sociology, noticed that “we are told every day that great social problems stand before us and demand a solution, and we are assailed by oracles, threats, and warnings in reference to those problems.” Then, as now, self-styled progressives announced that the sky would fall unless the problem that had most recently caught their fancy was […]

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EFF Statement on U.S. Supreme Court’s Decision to Consider TikTok Ban

EFF Statement on U.S. Supreme Court’s Decision to Consider TikTok Ban

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The TikTok ban itself and the DC Circuit’s approval of it should be of great concern even to those who find TikTok undesirable or scary. Shutting down communications platforms or forcing their reorganization based on concerns of foreign propaganda and anti-national manipulation is an eminently anti-democratic tactic, one that the U.S. has previously condemned globally. U.S. government should not be able to restrict speech, in this case by cutting off a tool used by 170 million Americans to […]

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