Krit Chanwong Gas prices have surged due to the war in Iran. In response, President Donald Trump and Senator Josh Hawley (R‑MO) have proposed suspending the federal gas tax for…

Clark Neily Earlier this week, the Securities and Exchange Commission quietly repealed a self-servingly speech-suppressing policy it had maintained for more than 50 years: the so-called “no-deny” rule, which required settling defendants…

Nicholas Anthony America is celebrating its 250th anniversary, but President Trump has forgotten the Constitution. The Bank Secrecy Act is one of the biggest attacks on the Fourth Amendment, and…

Ryan Chan-Wei On May 14, the Senate Banking Committee voted 15 to 9 to advance the Digital Asset Market Clarity Act (CLARITY Act), with two Democrats crossing party lines to…

Andrew Gillen After years of political fights over excessive student loan debt, there is a new, surprising twist. Twenty-five states with a Democrat governor and the District of Columbia are…

Jeffrey Miron Many prosecutors run on reform platforms, which advocate lessened charges for low-level offenses. New research uses variation in the timing of when reform prosecutors took office across the…

Dan Greenberg Earlier this week, President Trump’s pressure campaign accomplished a long-time goal: Colorado Governor Jared Polis commuted the sentence of Tina Peters, a former county clerk who had been…

Solveig Singleton The Consumer Financial Protection Bureau (the Bureau) regulates banks and other financial services. The Dodd-Frank Act gave the Bureau the power to demand documents and other evidence from…

Marcos Falcone On May 15, the Cato Institute hosted a policy forum titled “Has the Time Come for Dollarization in the Americas?” featuring John Cochrane (Hoover Institution), David Malpass (former…

Matthew Cavedon Last week, I blogged in support of reviving private criminal prosecutions. The state’s monopoly on bringing criminal charges arose late historically and prosecutors have often failed to show…