Donald Trump

Trump administration should avoid price controls

In the coming weeks, the Consumer Financial Protection Bureau is expected to issue a new rule superseding a Biden-era interpretation of the Dodd-Frank Act that mandated banks provide data access to financial technology (or fintechs) at zero cost. But rather than simply repeal the mandate, the agency is reportedly considering a hybrid price control/market

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Credit Is Due Trump for Exiting His Monumental Blunder

Donald Trump “took out over 85 percent of Iran’s defense industrial base; sank its navy; grounded its air force; damaged its centrifuges; and decimated its ballistic missile capabilities, conventional military forces and infrastructure of repression.” That’s AEI’s Marc Thiessen in the Washington Post. He was laying out some of the “13,000 differences” between what Barack Obama

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Good money should center Trump’s economic universe

It’s common for the media to dismiss those extolling the virtues of the classical gold standard by pointing out most mainstream academic economists hate that idea. That skepticism is reminiscent of a time when the academic consensus was also wrong — when we believed the sun and planets revolved around the Earth. Just as

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Donald Trump and Marco Rubio Well Overstate Iran’s Oil “Leverage”

Last week President Trump said that the high price of oil is “a very small price to pay” for keeping nukes out of Iran. His Secretary of State, Marco Rubio, added that if Iran got a nuclear weapon, it would have more leverage to keep the Hormuz Strait closed and “make our gas prices

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“Trump Accounts”: An LBJ-Like Poverty Non Sequitur

Money doesn’t solve poverty. Say repeatedly what politicians don’t grasp. Republican politicians used to understand that money is unequal to poverty, but in modern times they’ve become as wedded to redistributionist big government as the opposition.  Take the so-called Trump Accounts. They exemplify just how much the Republicans and conservatives have retreated as a

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The 6-3 Supreme Court Tariff Vote Calls for Term-Limited Judges

In 1981, and while trying to get the tax cuts he favored passed by Congress, Ronald Reagan joked about getting shot again to move public opinion in his direction, and by extension, congressional votes. Presidents thankfully can’t decree tax hikes or tax cuts, rather they can sign into law tax cuts first introduced in

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