Bringing tech and finance executives into government because they are ‘the country’s smartest and hardest-working people’ is faintly ridiculous.
Treasury Department
Posted inPolitics
The Playbook for Improving the Secret Service Has Been Around Since 2015
That’s when a congressional committee issued a 435-page analysis of its failings, whose key recommendations have yet to be implemented.
Posted inEconomic Policy
Treasury Foresaw the Synapse Collapse Two Years Ago
An agency report detailed how fintech ‘neobanks’ could fall into the regulatory cracks. Nobody managed to patch them up, and now depositors can’t retrieve their own money.
Posted inLaw and Justice
A Five-Year Prison Sentence for a Public Hero
Leniency is needed for a good kind of civil disobedience.
Posted inMoney, Politics, and Power
Warren and Jayapal Raise Revolving-Door Concerns at the IRS
The agency and its prospective nominees are adopting stricter ethics standards following a 2021 investigation.
Posted inEconomic Policy
The Failure of Dodd-Frank
‘Too big to fail’ is more pervasive and regulation more captured than ever. What went wrong?
Posted inLaw and Justice
The Stealth Attack on the Power to Tax
The Supreme Court could overturn a well-established form of federal taxation.
Posted inTAP
The Wasted Crisis
Today on TAP: What did we learn from the financial collapse of September 2008? Not enough.
Posted inTAP
Biden’s China Policy: Less Than Meets the Eye
Today on TAP: The White House executive order on export controls is mostly window dressing—and there is already pressure to water it down.