Norbert Michel studies and writes about housing finance, including the reform of Fannie Mae and Freddie Mac, as The Heritage Foundation’s research fellow in financial regulations. Read his research.
View all authorsEconomyCommentary
Americans are being fed a false narrative. As the story goes, in 1999, Congress repealed the 1933 Glass-Steagall Act. The financial sector was free from… Read More
InternationalPoliticsCommentary
Many political pundits are upset over Brexit because they believe that Europe—the entire world, actually—needs more “harmonization” of financial regulators. They see Brexit as a… Read More
EconomyAnalysis
A task force of House Republicans on Tuesday released an agenda for regulatory reform, the latest in a series of policy documents designed, according to… Read More
EconomyAnalysis
The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act is among the most inappropriately named laws ever enacted in the U.S. It neither reformed… Read More
EconomyCommentary
The Consumer Financial Protection Bureau has issued its long-awaited rule proposal to regulate small-dollar lenders such as those who provide payday loans. Formally, the CFPB’s… Read More
EconomyAnalysis
The Financial Stability Oversight Council (FSOC) suffered a well publicized defeat last week when a U.S. District Court rescinded the FSOC’s decision to single out… Read More
EconomyCommentary
Several politicians have recently been offering free goodies to voters. One of the most popular of these, oddly enough, is something that several state governments… Read More
EconomyCommentary
The Senate may move forward this week on an energy bill that would result in more government meddling and wasting taxpayer dollars on activities better… Read More
EconomyCommentary
According to the Consumer Financial Protection Bureau (CFPB), new regulations are necessary to protect helpless consumers from predatory lenders. The chief villain in the CFPB’s… Read More
EconomyCommentary
For the first time in seven years, the Federal Reserve has raised its target for the federal funds rate. Some news reports get this story… Read More
