The new 25 percent tariffs on steel and aluminum, directed mainly at China, are partially worthwhile, but were undercut by allowing Nippon Steel to buy into U.S. Steel.
Economic Policy
Posted inEconomic Policy
Even Bankers Don’t Want to Delete the CFPB
Industry trade groups are alarmed that the Trump administration’s illegal order to halt work at the consumer protection agency will cause chaos in consumer markets.
Posted inAmerica and the World
Elon Musk’s China Threat
The shadow president has deep ties to the Chinese dictatorship, and it shows. The risk to national security is unimaginable.
Posted inMoney, Politics, and Power
Vought Stops CFPB From Functioning With Illegal Order
The budget director and acting head of the CFPB also tried to defund the agency, but found it was already funded through the fiscal year.
Posted inTAP
Two Grifters Off to Seize the World*
Today on TAP: The Trump-Musk proposed sovereign wealth fund fits the pattern—dictatorship as an opportunity for personal enrichment.
Posted inEconomic Policy
Bessent Gives Musk a Present, Stalling CFPB Oversight of Big Tech
A hastily added second order from the Consumer Financial Protection Bureau’s acting director halts the agency from supervising non-bank firms like X.
Posted inPolitics
Corrupted Capitalism and Dithering Democrats
America needs a true opposition party.
Posted inEconomic Policy
Nothing Normal About This CFPB Takeover
All work at the agency has been shut down indefinitely.
Posted inLaw and Justice
Lawsuit Takes On Musk Payment System Takeover on Privacy Grounds
Giving DOGE access to the Treasury Department’s payment system violates the Privacy Act of 1974 and IRS statutes, three plaintiffs allege.
