Forget deregulatory legislation; the SEC and CFTC are already working diligently to eliminate regulatory oversight of crypto at the behest of their president.
Economic Policy
Posted inTechnology
Data Centers Win-Lose in Virginia
In an era of austerity, Virginia’s state budget deal puts its lawmakers supporting Big Tech and its tax exemptions on a crash course with their constituents.
Posted inEconomic Policy
Anti-Monopoly Bill Hits Make-or-Break Moment in California
Advocates have gained momentum to beef up the state’s primary antitrust law, but the largest companies in the nation are trying to stop it.
Posted inPolitics
A Bad Week for Billionaires
Losing New York to socialists, facing a wealth tax election in California—our oligarchs begin to suspect that Americans may not like them very much.
Posted inEconomic Policy
Greenspan Was the Creator of His Own Disaster
The former Fed chair, who died at the age of 100 this week, deliberately engineered financial markets to be faster and looser. Then they blew up.
Posted inEconomic Policy
Crypto Industry Gets Its Way on GENIUS Act Rulemaking
The primary federal regulators of stablecoins are finalizing their rules for GENIUS Act implementation and, much to the chagrin of the banking industry, crypto firms are getting everything they want.
Posted inEconomic Policy
New York City Wants to End Surveillance Pricing
States have attempted to prevent companies from using personal information to set prices. New York City wants to give the public a chance to enforce the law.
Posted inTAP
The Most Important Labour Leader in a Generation
The stakes for Andy Burnham’s success go far beyond Britain.
Posted inTAP
Kevin Warsh Decides Not to Be Trump’s Toady
The Fed votes 12-0 against Trump’s demand to cut interest rates.
Posted inEnergy and the Environment
Aftermath: The War Ends and the Aftermath Begins
In today’s edition: How long will it take for global energy markets to return to normal? A long time, it turns out.
