Last month, the Senate approved a version of the so-called GENIUS Act, meant to regulate stablecoins, that will now move on to the House. However, getting the bill over that…
Economy
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1. Introducing the Jones Act This Explainer seeks to provide a better understanding of the Merchant Marine Act of 1920, known as the Jones Act. This law was passed with…
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Conservatives are right to celebrate judicial victories, but they would be wise to remember that every courtroom fight is a rearguard action. A judicial victory arrives only after the political…
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Last month, the Senate approved a version of the so-called GENIUS Act, meant to regulate stablecoins, that will now move on to the House. However, getting the bill over that…
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Federal Reserve Vice Chair for Supervision Michelle Bowman offered a pointed observation last week: some of the most consequential shifts in financial policy are not the product of deliberate votes…
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For decades, economists and journalists have discussed the “Pink Tax”: the idea that products marketed to women price higher than identical ones for men. In 1992, the New York City Department…
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For decades, economists and journalists have discussed the “Pink Tax”: the idea that products marketed to women price higher than identical ones for men. In 1992, the New York City Department…
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Most nations are bound by tribe or throne. From the beginning, America pioneered to be different, the first nation founded on a proposition: that free people, left to their own…
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Most nations are bound by tribe or throne. From the beginning, America pioneered to be different, the first nation founded on a proposition: that free people, left to their own…
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Federal Reserve officials are concerned they may soon find themselves in a tight spot. They have been tasked with delivering price stability and maximum employment — and worry they will…