Thomas A. Berry For over 50 years, the Securities and Exchange Commission’s Gag Rule has required defendants who settle enforcement actions to commit to a lifetime prohibition on denying or criticizing—or…

Mike Fox The federal indictment against former FBI Director James Comey has ventured into the realm of legal parody. By asserting that seashells arranged on a beach qualify as true…

Stephen Slivinski and Norbert J. Michel Both of us have already explained why proposals from President Trump and Elizabeth Warren to ban large institutional investors from buying single-family homes are…

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…

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…