For generations, local bank branches served as the center of the community where people could safely hold their deposits, secure a mortgage, or obtain financing to launch a business. Times have changed. Today, more banking than ever occurs online. Onerous federal regulations have shuttered thousands of banks. As the industry evolves, policymakers must ensure regulations […]
“Affordability” has become the buzzword in criticizing both the Trump administration and our longstanding capitalist system. Although I acknowledge the disparate impacts of the K-shaped economy, the Left’s constant harping on fairness and wealth inequality is largely a red herring. It is the Left’s own policies that have caused most of the damage, while free-market […]
The map of global aviation has been quietly redrawn. For decades, airlines crossing Eurasia could choose among multiple routes linking Europe and Asia. Today, military conflict, sanctions, and regional instability have dramatically narrowed those options. Russian airspace remains closed to many Western carriers. Iranian airspace carries growing operational risks. Successive crises across the Middle East […]
President Donald Trump is reportedly considering another powerful tool for America’s pro-growth agenda: indexing capital gains taxes for inflation. The proposal, long championed by Larry Kudlow, deserves serious consideration. It would be the equivalent of adding another log to America’s economic-growth fire. The One Big Beautiful Bill strengthened incentives for businesses to invest, innovate, expand, […]
Imagine a store that, rather than making customers pay for items they break, requires them to pay 24 times the value of the broken item. People would stop shopping there because the rule is unfair. Yet cities across the nation are deceptively imposing a similar unfair system on their citizens through “no-net-loss” ordinances. In theory, […]
History does not repeat itself, but it occasionally rhymes. Federal Communications Commission Chairman Brendan Carr’s latest broadcast market interventions rhyme much more closely with Franklin Roosevelt’s view of government than with Ronald Reagan’s. This should raise alarms, or as Sen. John Kennedy (R-LA) summed it up last week, “Sometimes the FCC scares me right now.” […]
Somewhere in Guatemala City, a labor court has decided that a corporate insider is worth more, by the month, than Cristiano Ronaldo, Stephen Curry, and LeBron James combined. Not a typo. According to his own complaint, a former Tigo Guatemala executive wants his severance calculated on an “average monthly salary” of $4.47 million — a […]
On Aug. 7, Transportation Secretary Sean Duffy announced a rule that never should have needed writing down: If you cannot read an English highway sign, you have no business piloting an 80,000-pound truck on an American interstate. Since Duffy’s crackdown began, more than 26,000 drivers have been pulled off the road for failing basic English […]
Milwaukee County Executive David Crowley's surprising win in this week's Wisconsin Democratic gubernatorial primary, where recent polling had shown him trailing progressive Francesca Hong by double-digits, had catapulted him from a relatively unknown local leader to the national spotlight. The 40-year-old Wisconsin native became the youngest county executive in Milwaukee County history and the first...
Senate Democrats are pressing Secretary of Defense Pete Hegseth and the Trump administration for more information about conditions aboard the USS Abraham Lincoln, which has been deployed since November, amid reports that sailors have attempted to jump overboard. Sen. Richard Blumenthal (D-Conn.), a member of the Senate Armed Services Committee, has written a letter to...