Lee bill seeks to bring an end to ‘trillion-dollar defense slush funds’
One pricey consequence of the nation’s more than 20 year-long war against terrorism has been the rapid growth of ill-defined, catch-all programs. While items like the “Overseas Contingency Operations” fund…
The debt ceiling kerfuffle hides a much bigger problem
The federal debt ceiling is back in the headlines, and the possibility the U.S. will default on its debt payments has some people ready to panic. As Cato’s David Boaz…
Trading away privacy for a more powerful IRS
The President’s plan to give the IRS more money and greater authority to sniff out tax cheats, chiselers and others the government believes aren’t paying all the tax they owe…
Dallas Fed’s Kaplan to retire Oct. 8
Within hours of Boston Fed president Eric Rosengren announcing his early retirement (for health reasons), Dallas Fed president Robert Kaplan announced he will be stepping down on Oct. 8. Both…
Fed’s Rosengren retires early for health reasons
With the Federal Reserve under pressure to tighten its ethics rules regarding how its officials trade stocks and other interest-rate sensitive instruments, one of the regional Fed governors who engaged…
Facebook’s two sets of rules for users and content
Just in case anyone had doubts that Facebook wasn’t exactly fair, never mind consistent, in apply its own rules to users behavior and content, a series of investigative reports have…
Expanding the dole, and bankrupting the nation
The Biden administration’s push to expand the scope of federal programs really doesn’t begin to describe just how much the White House, and Congress, want to change the social contract…
More women and minorities buying firearms for the first time
New data from a national survey of gun owners shows that women are increasingly buying firearms and now make up almost half of new gun buyers. According to the Wall…
Fed to review ethics policy in light of regional presidents’ million dollar trades
Federal Reserve Board chairman Jerome Powell is asking his staff to review the central bank’s ethics rules for employees, including regional bank presidents, governing trades they make in their personal…
Crashing the grid in the name of green energy
The big push to add renewable energy sources to the nation’s already rickety electric grid could add even more instability to the system. Writing in the Wall Street Journal, Robert…