Nicholas Anthony The Bank Secrecy Act was enacted in 1970 to require banks and other financial institutions to monitor customers and report certain transactions to the government. It started as…
Investing
-
-
Editor's PickInvesting
It’s Good to be the King! Using the Federal Government for Trump’s Personal Interests
Stephen Richer At the beginning of Trump’s second term as president, Jonathan Rauch introduced readers of The Atlantic to the word “patrimonialism,” as the “default form of rule in the…
-
Juan Londoño In early April, Anthropic announced the release of Claude Mythos, a powerful cybersecurity-focused model that promises to address most cybersecurity vulnerabilities at record speeds. However, due to the…
-
Benjamin Giltner Last week, the Department of Defense released President Trump’s requested defense budget for fiscal year 2027. It’s a staggering $1.5 trillion and in inflation-adjusted dollars, it surpasses defense…
-
Thomas A. Berry There are currently two vacancies in the cabinet and two deputy secretaries acting as secretaries: Todd Blanche as acting attorney general and Keith Sonderling as acting secretary…
-
Tad DeHaven Last week, I argued that a federal rescue of Spirit Airlines would be a disturbing escalation from government mistake to government ownership—a concern that’s quickly proving justified. The…
-
Norbert J. Michel Last week’s confrimation hearing for Kevin Warsh, the nominee to be the next chair of the Federal Reserve, drew tons of attention regarding the Fed’s independence. Economist…
-
Travis Fisher Congress has a terrific opportunity to get sober on energy policy. Today, the House Committee on Rules will consider several amendments to the Farm, Food, and National Security…
-
Solveig Singleton The Consumer Financial Protection Bureau (CFPB or the “Bureau”) recently issued a new strategic plan. It offers laudable goals such as following the law, ending overregulation, and focusing on…
-
Editor's PickInvesting
Note to Bessent and Congressional Republicans: Greedflation Is Still Bad Economics
Ryan Bourne and Nathan Miller Republicans spent the better part of four years mocking the political left’s greedflation narrative—and rightly so. But lately they’re using similar arguments to deflect blame…
