Government officials should not be able to cash out working for firms directly affected by their own actions in office.
cryptocurrency
Posted inMoney, Politics, and Power
The Eight Congressmen Subverting the SEC’s Crypto Investigation
Call them the ‘Blockchain Eight.’
Posted inMoney, Politics, and Power
The Real Reason Republicans Are Blocking Biden’s Fed Nominees
It has to do with Sen. Cynthia Lummis and special Wyoming-chartered depository institutions that take cryptocurrencies.
Posted inEconomic Policy
Crypto: Containing the Hydra-Headed Beast
While the Fed and the Treasury dither, this behemoth is getting too complex to contain.
Posted inEconomic Policy
What Happened, Ms. Yellen?
How the Treasury has become the graveyard of progressive financial regulation
Posted inEconomic Policy
The Stock Market Bubble and the Regulation Paradox
Understanding the several smaller financial-market bubbles that make up the big one
Posted inMoney, Politics, and Power
NFT Investors: JPEGs Are Just a Stepping-Stone
Enthusiasts freely admit the buzzy collectibles are a bubble. But they’re betting NFTs are scaffolding for a new internet architecture that’s here to stay.
Posted inEconomic Policy
Saule Omarova on Systemic Financial Risk and Her Failed Bid for Comptroller
‘There was a fear that I might be open to thinking systemically,’ says the Cornell Law professor who drew fierce opposition from the bank lobby.
Posted inEconomic Policy
What the New Sheriffs of Wall Street Can Do
Biden has empowered a crop of aggressive financial regulators. They’ll need to look beyond the banking industry and into finance’s darker corners.
Posted inEconomic Policy
Wall Street’s Attacks on Biden Nominee Are a Red Herring
Industry criticism of OCC pick Saule Omarova for wanting to end private banking masks their real fear of losing their derivatives businesses.