The STOCK Act’s Lameness
"Send me a bill that bans insider trading by members of Congress and I will sign it tomorrow,” President Obama proclaimed in his State of the Union on Jan. 24, 2012.
Congress Gets It Right
Private investment in private enterprise continues to be the primary creator of wealth in this country.
Is Inflation on the Way? Advisor Briefing for the Week of May 9, 2011
Top market-moving news this week: measures of inflation, along with multiple congressional hearings.
SEC and the Fiduciary Study: Politics and the Fiduciary Standard
For a moment in fall 2009, it seemed that the Democratically controlled U.S. House of Representatives and Senate would duel over who could pass a stronger fiduciary standard.
SEC and the Fiduciary Study, Part II: Politics and the Fiduciary Standard
How financial services reform took a circuitous route that resulted in the compromise reform legislation known as Dodd Frank and the Jan. 22 SEC report to Congress.
Now That Omnibus Spending Bill Shelved, What Happens Next?
“Since the Senate biggy was defeated [omnibus spending bill], I don’t think it will do a whole lot [on budget resolution] before recess,” says former Congressman Bill Frenzel (R-Minn.), now a guest scholar of economic studies at the Brookings Institution.
Investment Managers Upbeat for 2011
Both managers and financial advisors are optimistic, Russell surveys find, but clients aren’t.
House Votes to Criticize China Over Yuan Policy
Escalating tensions between the two countries over trade policy, the U.S. House of Representatives voted on Wednesday "to address China's fundamental undervaluation of its currency."
Fed Official Says 'Too Big to Fail' Threatens Community Banks
Thomas Hoenig, president of the Kansas City Federal Reserve Bank, that the long-term health of community banks is being strangled by the market's, and the government's, policy of "too big to fail" toward big banks.
House Passes Obama Healthcare Reform Bill
Legislation goes to White House for President's signature