Congress’s power to make contracts does not come with the power to renege on them.
Adam J. Levitin
Adam J. Levitin is the Anne Fleming Research Professor and professor of law at Georgetown University Law Center. He is the co-author, with Susan M. Wachter, of The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future (Harvard University Press, 2020).
Posted inLaw and Justice
Supersize the Supreme Court to Save It
A new way of thinking about depoliticizing the judiciary
Posted inEconomic Policy
Mortgage Market Déjà Vu
Efforts to privatize mortgage finance will lead to future financial crises.
Posted inEconomic Policy
How to Start Closing the Racial Wealth Gap
An obscure add-on charge for mortgages has put homeownership out of reach, disproportionately for Black Americans.
Posted inPolitics
The Americans Joe Biden Left Behind on the Bankruptcy Bill
In 2005 amendments to the bill, Biden voted against borrowers drowning in medical debt, seniors, servicemembers, union members, and victims of deadbeat dads.