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.
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As the Federal Reserve summer symposium in Jackson Hole, Wyo. begins, I thought I’d set the record straight. The Federal Reserve cannot just set interest rates…. Read More
EconomyCommentary
Why do I write so much about the myth that financial market deregulation caused the financial crisis? Because that false narrative has spread so far… Read More
EconomyCommentary
In two months the Federal Reserve Bank of Kansas City will hold its annual symposium in Jackson Hole, Wyoming. It is here that, for more than… Read More
EconomyCommentary
If we were to design a regulatory framework from scratch, for any sector of a modern economy, it would make no sense to ignore regulatory… Read More
The U.S. House has introduced—and even passed—several bills during the past few years aimed at reforming financial regulations, but the Senate has lagged far behind…. Read More
EconomyCommentary
There’s still a widespread belief that the federal government will bail out large financial firms if there’s another crisis. Curbing the Federal Reserve’s ability to… Read More
EconomyCommentary
In some cases, federal financial regulators have to consider the incremental impact of new rules and regulations. But they hardly ever are required to examine… Read More
EconomyCommentary
Now, it appears the Obama administration wants to control the advice we can get from retirement planners. The administration announced it is moving ahead with… Read More
EconomyCommentary
Senator Sherrod Brown (D–OH) offered a budget amendment today that he claims will “end ‘too big to fail’ bailouts.” But the change could ultimately give… Read More
EconomyAnalysis
Victor Hugo, author of “The Hunchback of Notre Dame,” famously said “All the forces in the world are not so powerful as an idea whose… Read More
