Socialist Lawmakers’ Proposed Cap On Credit Card Interest Is A Tax On Poor People
People who need higher-priced loans—those with the lowest incomes—will be the ones denied access to the credit market by any government-mandated cap.
Post Office Banking Is Just Another Crappy Socialist Idea That Already Failed
Since when have socialists cared about making a private-sector product better or more accessible? Make no mistake: This is about expanding government power.
AOC, Bernie Sanders Want Post Office To Be A ‘Public Option’ For Banking
Given the history of postal banking in America and the decline of the Postal Service since, creating a ‘public option’ would likely require giving the government unfair advantages.
Citigroup Won’t Shoot Straight About Discriminating Against Gun Companies
Citigroup’s getting asked some hard questions about the fiscal sanity of their decision to discriminate against firearms businesses, and their answers aren’t likely to soothe investors.
When Obama Pressured Big Banks To Break The Law For Iran, They Resisted
The Obama administration sought to use the weight of the federal government to pressure U.S. banks into colluding with a terrorist state. The banks had more integrity than that.
How To Recover Our Respect For The Finance Industry
Even if one is outraged by the behavior of some bankers, to call every member of the industry a participant in fraud is a profound injustice.
How Increased Banking Regulations Undercut Federal Pretense At Helping Small Businesses
If small businesses really are struggling to get credit, fewer banking options likely makes that struggle more intense. The Consumer Financial Protection Bureau is counterproductive.
Elizabeth Warren Embarrasses Herself With Innacurate Facebook Rant Attacking Her Own Donor
A nationally elected loudmouth from the Northeast doesn’t think before opining on Twitter and is suddenly found in an embarrassing back-and-forth with a public figure who was totally misrepresented.
Elizabeth Warren’s ‘Consumer Protection Agency’ Does The Exact Opposite
‘The Small Dollar Lending Rule’ would put massive restrictions on the short-term, high-risk loan industry—an industry that millions of Americans rely on.
Reinforcing Glass-Steagall Won’t Prevent Another Financial Crisis
Politicians want you to believe that simple structural fixes will protect our insecure financial system. That’s just not true.
The Rise Of The Educated And Underbanked
Young people are taking out increasingly large loans for education that has increasingly fewer returns.
Put The Squeeze On Operation Choke Point
Unelected federal officials have bullied banks into cutting off businesses they don’t like, such as arms and ammunition suppliers. It’s called Operation Choke Point.
No, America Doesn’t Have Too Many Banks
Slate blogger and certified financial non-expert Matthew Yglesias says America has too many banks. If anything, America has too many ignorant liberal bloggers.
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