The agency has sued both Binance and Coinbase for violating securities law.
Supreme Court
Posted inLaw and Justice
Tossed by Cement Mixers, the Court Grows Dizzy
Last Thursday, the Supremes ruled against a union of cement-mixer drivers—but their very odd decision could have been lots worse for American workers.
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 inLaw and Justice
Stirrings of a Conservative Christian Rule of Law
The court case involving the FDA approval of mifepristone revealed a little too much about the conservative movement’s aims.
Posted inEconomic Policy
Democrats Need to Get Over Their Pathetic Fear of the Supreme Court
On today’s X-Date, remembering what Franklin Roosevelt did when faced with a potential Court decision that would blow up the economy: prepare to ignore it.
Posted inEconomic Policy
The Debt Ceiling Is Unconstitutional—but Not for the Reason You Think
Congress’s power to make contracts does not come with the power to renege on them.
Posted inEconomic Policy
The President Is Already in Litigation Over the Debt Ceiling
On today’s X-Date: The White House and its allies are acting like they must avoid a legal battle over the debt ceiling. Too late.
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 inMoney, Politics, and Power
The Fed, the Supreme Court, and Their Legitimacy
The government’s least democratic branches are incompetent and corrupt because they are unaccountable. James Madison would not be surprised…
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.
