How American Presidents Got the Tariff Groove On For years, critics have warned that presidential use of tariff authority threatens the separation of powers. We heard it when Trump imposed ...
The World Is Not Dedollarizing The dollar is always on the verge of collapse—until it isn’t. Every few months, we get a fresh wave of dedollarization chatter, usually prompted by ...
Tariffs Are Not Squeezing American Consumers or Businesses If tariffs were inflationary, this week’s economic data would be flashing red. Instead, they’re flashing something else entirely: discipline, resilience, and bargaining ...
Tax Consumption, Not Production, to Fund the Government For years, the economic establishment has begged the United States to do one thing: tax consumption, not production. Consumption taxes don’t penalize ...
Tariffs Reduce Trade and Budget Deficits The Congressional Budget Office just confirmed something the political class said couldn’t be done: cut taxes, reduce the deficit and lower federal borrowing—all at ...
Receivership Is the Way Out of Conservatorship for Fannie and Freddie As the Trump administration looks to resolve the long-running conservatorship of Fannie Mae and Freddie Mac, three priorities have ...
The Law Wants a Ruler: Why Trump’s Tariffs Are Legal, Necessary, and Rooted in Statute The anti-tariff legal establishment cheered this week when the Court of International Trade (CIT) ruled ...
The Trade Court Tells Trump He Can’t Use Emergency Powers to Impose Tariffs The Court of International Trade (CIT) on Wednesday issued a ruling in V.O.S. Selections v. United States ...
Legacy Fannie and Freddie Shareholders Might Get Wiped Out President Donald Trump said Tuesday night that he is “working on TAKING THESE AMAZING COMPANIES PUBLIC,” referring to Fannie Mae and ...
When the Buyers Retire: The Demographic Collapse of the Bond Market At 4.44 percent, the 10-year Treasury yield isn’t exactly flashing red. It’s back where it started the year—below the ...
