How the Treasury Department resists Biden priorities
Janet Yellen
Posted inTAP
Biden vs. the Free-Trade Blob
Today on TAP: The influence of corporate free-traders is at last ebbing, and they are not going quietly.
Posted inEconomic Policy
Capital One–Discover Merger Tests Bank Regulators’ Merger Approach
Regulators have dragged their feet on new bank merger guidelines. They now have a $35 billion reason to get moving.
Posted inTAP
Ambassador Yellen
Today on TAP: Her trip to China softened rhetoric but changed nothing.
Posted inEconomic Policy
Secretary Yellen, Where Are the Crypto Tax Regulations?
After almost two years, the Treasury Department hasn’t even started trying to force crypto companies to pay what they owe.
Posted inEconomic Policy
Intra-Administration Fight on Bank Mergers Breaks Open
The Justice Department’s antitrust chief signaled that he would override banking regulators if necessary if a proposed merger harmed the public.
Posted inEconomic Policy
The White House Wants a Debt Ceiling Deal
By opposing an injunction in the main lawsuit challenging the debt ceiling, the president has deliberately boxed himself into negotiations with legislative terrorists.
Posted inEconomic Policy
The Judicial Deus Ex Machina Debt Ceiling Option
On today’s X-Date, liberals look to the courts to solve their intractable political problem. That spells trouble.
Posted inEconomic Policy
Everyone Thinks the Debt Ceiling Is Someone Else’s Problem
On today’s X-Date, the epidemic of buck-passing breaking out in the nation’s capital
Posted inEconomic Policy
How to Solve the Debt Ceiling Standoff? Sue Janet Yellen.
A bondholder could simply allege that America failing to pay off its debts is unconstitutional. There’s a good argument for that.