Financial regulatory agencies are often failing to consider cost-benefit analyses in implementing the Dodd-Frank financial reform law, according to a new federal report.
Lachlan Markay | All Articles
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Lachlan Markay is an investigative reporter for The Heritage Foundation.
The ranking Democrat on the House Financial Services Committee in the upcoming Congress is married to a then-director of and investor in a bank that got significant taxpayer funds through the 2008 financial bailouts. Her role in the bank's bailout triggered a congressional investigation.
As Congress ramps up its negotiations over the fiscal cliff and impending tax hikes, left-wing groups have taken to the Hill to lobby lawmakers for an extension in unemployment benefits, despite evidence that such an extension could prolong the country’s years-long joblessness spell.
The Defense Department plays a key role in the Obama administration’s “green energy” agenda. But the coming energy boom in the United States may undercut its efforts and could provide avenues for reducing spending at the Pentagon while avoiding ham-fisted sequestration cuts.