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Blog

London Whale-Sized Regulations on Wall Street Pay

Financial regulators released a 279-page proposal that would set parameters around how and when Wall Street Executives make their money. The proposal, mandated by the Dodd-Frank Act, is a five-year project spanning across six regulatory agencies.

05/11/2016
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Blog

Big Government Caters to Crony Capitalism

Big Government Caters to Crony Capitalism In the Democrat presidential debate, Senator Bernie Sanders (D-VT), an avowed socialist from Vermont, alluded to crony capitalism. “I'm running for president because as I go around this nation I talk to a lot of people. And what I hear is people concerned that the economy we have is a rigged economy.”

11/25/2015
Overregulation, Bureaucracy, and Crony Capitalism
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Capitol Comment

Overregulation, Bureaucracy, and Crony Capitalism

It has been just over a year since Congress and President Obama passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. The massive piece of legislation was intended promote financial stability and prevent another major Wall Street collapse. One year later, most of the rules and regulations required by the law have yet to go into effect.

08/04/2011
Repeal it: Dodd-Frank Entrenches Crony Capitalism
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Blog

Repeal it: Dodd-Frank Entrenches Crony Capitalism

The Dodd-Frank financial overhaul law—also known as the “Federal Reserve Empowerment Law"—recently marked its first anniversary. Last summer, we fought this unconstitutional power grab tooth and nail. The lead sponsors of the bill Rep. Frank (D-Mass.) and former Sen.

08/02/2011

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