The initiative is the Biden administration’s latest move in the fight against junk fees.
Treasury Department
Posted inEconomic Policy
Death of an Economic Theory
The notion that public investment crowds out private spending has taken a beating lately.
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 inEnergy and the Environment
Can Public Banks Play in Tax Equity Markets?
What’s the difference between building clean energy and paying for it to be built? With billions in tax breaks at stake, the distinction is becoming more important to parse.
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 inTAP
Bank Runs, Behemoths, and Bailouts
Today on TAP: Better regulation would head off dubious rescues that only increase bank concentration.
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.
Posted inHealth and Social Policy
How COVID’s End Could Upend Billions in State and Local Spending
The text of the American Rescue Plan has numerous references to the COVID public-health emergency. What happens when that emergency ends on May 11?
Posted inMoney, Politics, and Power
The White House Debt Limit Strategy: Dismiss but Don’t Reject
Janet Yellen is stating that there’s no alternative but for Congress to increase the borrowing threshold, while giving herself room to take action if they don’t.
