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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James Grant’s excellent new book, The Forgotten Depression: 1921: The Crash That Cured Itself, tells the story of “America’s last governmentally untreated depression.” Just prior… Read More
EconomyCommentary
The Federal Reserve should stop trying to stimulate the economy for two reasons. First, the policies it has enacted so far have contributed very little… Read More
EconomyCommentary
New banking rules set to take effect January 1, 2015, are already starting to prove the law of unintended consequences is alive and well. The… Read More
EconomyCommentary
Recently I had the pleasure of testifying at a Senate hearing. The topic was “Improving Financial Institution Supervision: Examining and Addressing Regulatory Capture.” “Regulatory capture” refers… Read More
EconomyCommentary
The Republicans will hold a comfortable majority in the U.S. House and, at most, a 55 seat majority in the Senate for the 114th Congress…. Read More
Economy Commentary
Has the nation’s experiment with the Federal Reserve been a success or a failure? Does the Fed’s full history contain fewer symptoms of instability than… Read More
EconomyCommentary
Federal regulators have finalized a new risk-retention rule, a process mandated by the 2010 Dodd–Frank Wall Street Reform and Consumer Protection Act. Title IX of… Read More
EconomyCommentary
Renowned author George Gilder recently told an audience at The Heritage Foundation that conservatives have a fundamental problem in their economic ideology when it comes… Read More
EconomyAnalysis
As the number of retailers accepting Bitcoin has increased, more and more people are asking: What is Bitcoin? Here’s an attempt to unravel the mystery…. Read More
EconomyCommentary
Here we go again. The Federal Housing Finance Agency (FHFA) has announced a new low-income housing proposal. The FHFA is in charge of Fannie Mae… Read More
