White House Unveils Regulatory Review

By: Nick Ottens (Diary)  |  May 26th at 09:49 AM  | 

President Barack Obama announced earlier this year to undertake a grand review of economic regulation in the United States and get rid of rules that “are not worth the cost, or that are just plain dumb.” Today, the first plans are in and you can review them here. There is a lot of sensible stuff among the different proposals. Red tape has been rising under | Read More »

The Many Problems With Financial Reform

By: Nick Ottens (Diary)  |  March 31st at 03:33 PM  | 

Former Federal Reserve Chairman Alan Greenspan warned in the Financial Times of the hugely market distorting effects of the Dodd-Frank financial bill this week. A day later, the chairman of the Congressional Budget Office testified before the House financial oversight committee about the fiscal impact of the reform act that was hammered out by lawmakers this summer. Dodd-Frank, for starters, creates many new federal bureaucracies, | Read More »