The larger problem is feeble and captured regulation, resulting in multiple intra–executive branch fights.
deregulation
Posted inEconomic Policy
Building Power Is Not Optional
A response to Ezra Klein, who thinks I’m wrong to suggest that coalition support is the way to political and policy success in green industrial policy
Posted inTransportation
Tesla’s ‘Self-Driving’ System Never Should Have Been Allowed on the Road
Elon Musk’s automatic driving technology seems to be roughly an order of magnitude more deadly than human drivers.
Posted inEnergy and the Environment
Dow’s River
On the Brazos River in Texas, one chemical company reigns supreme.
Posted inPolitics
Republicans in Disarray
The temper tantrum on House floor votes masks a much more consequential lack of consensus on upcoming spending bills—which could give Democrats an opportunity.
Posted inEconomic Policy
Congress Can Defeat Judicial Overreach
On today’s X-Date: Joe Manchin’s Pipeline Payoff gets immunized from judicial review, as does what could have been a deregulation ratchet.
Posted inTAP
The Silver Lining in the Latest Bank Panic
Today on TAP: The run on regional bank stocks will bring tighter regulation and lower interest rates.
Posted inTAP
Morgan’s Takeover of First Republic: A Shady Sweetheart Deal
Today on TAP: The comptroller of the currency rejected other alternatives in the rush to have government underwrite Morgan’s latest coup.
Posted inPolitics
Katie Porter Is Teaching the Government How to Govern
As she barnstorms the state, the Senate hopeful is making the pitch that Congress and the executive branch have the power to fix their own dysfunction.
Posted inMoney, Politics, and Power
Fintech’s Latest Scheme
Earned wage access is pitched as a way to instantly get money for paid work. But companies attach high fees, and they are seeking exemptions from consumer protection laws.