What dismantling Dodd-Frank can do on November 21, 2016The sharp rise in the Dow Jones Industrial Average after Donald Trump’s election could be short-lived, but based on what the president-elect has promised to do it is an accurate assessment of the U.S. economy’s prospects. All through his campaign, Mr. Trump said regulatory relief for the economy was a priority, including the repeal of […]
The regulatory tide recedes on October 17, 2016The regulatory wave that has swept the developed world since the 2008 financial crisis may finally be cresting. Recent developments suggest a new recognition by voters and governments that excessive regulation is responsible for the slow economic growth of the past eight years. If so, this is good news. The bad news is that U.S. […]
Theyre coming for your bonus on May 8, 2016America’s economic recovery since the recession ended in 2009 has been the weakest in decades, principally because the 2010 Dodd-Frank financial law suppresses risk-taking. Now another Dodd-Frank rule—proposed restrictions on incentive pay in the financial industry—could be the coup de grace for US growth. The proposed restrictions have been agreed to by the six major […]