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
A week ago, President Barack Obama signed a new highway funding bill that will effectively tax banks and raid the Federal Reserve to pay for… Read More
EconomyCommentary
During the last debate Senator Ted Cruz, Ben Carson, Mike Huckabee and Senator Rand Paul all waded into monetary policy, a hot topic since the… Read More
EconomyCommentary
Proponents of monetary policy reform and financial deregulation have had very little to cheer about during the last few years. Even many of the positive… Read More
EconomyCommentary
Two events from last week exemplify federal officials’ refusal to let people live their own lives and earn money as they see fit. One deals… Read More
EconomyCommentary
History proves that the U.S. Congress consistently excels in at least one thing: spending other people’s money. Lawmakers regularly budget to spend more than they… Read More
EconomyCommentary
Between now and the presidential election, we’ll be treated to all sorts of wonderful fables about what caused the 2008 financial crisis and the best… Read More
SocietyCommentary
The Consumer Financial Protection Bureau (CFPB) is finishing up new regulations that could ultimately shut down payday lenders, and there’s no indication they’ll change course…. Read More
EconomyCommentary
The Federal Reserve has injected trillions into the banking system since the 2008 crisis, and we’re still stuck in a low-growth economy. Yet rather than… Read More
EconomyCommentary
Stocks tumbled in several major markets earlier this week because, supposedly, investors were nervous about this weeks Fed meeting. The Fed has flirted with raising… Read More
EconomyCommentary
Back in grad school (not all that long ago), we pondered whether a central bank should target equity (or other asset) prices to conduct monetary… Read More
