Loper Bright Enterprises v. Raimondo, from the District of Columbia Circuit, and Relentless v. Department of Commerce, from the First Circuit are challenging 40 years of regulatory and judicial challenges to the regulatory process managed by a partisan Executive branch…
Maine Lobstermen Stirring the Pots Win Bigly in Federal Court…
Back in 2021, the National Marine Fisheries Service, part of the National Oceanic and Atmospheric Administration (NOAA), issued an opinion in pursuit of preserving the endangered right whale. As these edicts go, this “opinion” has basically force of law when it comes to imposing conservation-based measures, rules and restrictions…
Did ‘Chairwoman’ Maxine Waters’ Warning Cause Stock Sell-Off
Neil Cavuto and his financial panel on Wednesday discussed whether a curt warning from incoming House Financial Services Committee Chairwoman Maxine Waters caused the New York Stock Exchange to start a selloff. The NYSE index finished the trading day down about 206 points — or 8/10 of a percentage point. The Dow Jones Industrial Average […]
The Trump Administration’s Deregulation Efforts Are Saving Billions of Dollars…
Since President Trump took office, farmers can more productively use their land. Small businesses can hire more workers and provide more affordable health care. Innovators are freer to pursue advances in autonomous vehicles, drones and commercial space exploration. Veterans enjoy expanded access to doctors through a telehealth program. And infrastructure can be improved more quickly […]
The Decline and Fall of General Electric, the Poster Child of Obamanomics…
Sometimes we look back a decade or so and reconsider our word choice. For instance, I used to call General Electric — with its heavy lobbying, its intimate ties to the White House, all its bets on green energy, on embryonic stem cells, on Obamacare, on industrial policy — the “for-profit arm of the Obama […]
Mick Mulvaney Tells Employees CFPB Will No Longer ‘Push the Envelope’…
Acting Consumer Financial Protection Bureau Director Mick Mulvaney told the agency’s employees Tuesday that the agency no longer will “push the envelope” in policing private companies, suggesting in an agency-wide memo that he plans to reverse course from the one set out by departed director and Obama appointee Richard Cordray. “Simply put, the days of […]
Regulatory Scheme Killed by EPA’s Scott Pruitt Cost Taxpayers $68B…
A practice known as “sue and settle” used by the Environmental Protection Agency to enact controversial regulations cost taxpayers $68 billion since 2005 and has an annual cost of $26 billion, according to a new report. The American Action Forum found that “sue and settle,” killed this month by EPA Administrator Scott Pruitt, also dumped […]
Mega-Banks Blow 100% of Earnings on Share-Buybacks & Dividends, Crimp Lending, Constrain Economy…
When tighter regulations were imposed on the banks after the Financial Crisis, the largest among them, the very ones that threatened to bring down the financial system, began squealing. Those voices are now being heard by Congress, which is considering deregulating the banks again. In particular, they claim that current capital requirements force banks…
California, Nestle, And Decentralization…
Nestle USA has announced that it will move its headquarters from Glendale, California, to Rosslyn, Virginia, taking with it about 1200 jobs. The once Golden State has lost some 1690 businesses since 2008 and a net outflow of a million of mostly middle-class people from the state from 2004 to 2013 due to its onerous […]
STUDY: Obama Issued $890 Billion in Regulations from White House…
Former President Obama issued more than $890 billion worth of regulations during his presidency, according to a new study from American Action Forum (AAF). This number includes $24 million worth of midnight regulations issued in January, more midnight regulations than any lame duck president in history…