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  • Guest Blog: Rep. Ed Royce on the Small Business Lending Fund

    The Small Business Lending Fund was cleverly named by its authors last Congress. Since its implementation, however, it would appear a more appropriate name would be the Bailed Out Bank Refinancing Fund.  When Barney Frank and other supporters proposed the SBLF, it was believed banks would leverage the fund leading … More

    Guest Blog: Rep. Ed Royce on Dodd-Frank, One Year Later

    Upon passage of the financial reform bill, then-Speaker Nancy Pelosi (D-CA) said, “This is the next critical step forward in an effort to rebuild our economy.” This type of political hubris is reminiscent of what economist Friedrich Hayek referred to as the fatal conceit. Unemployment still stands above 9 percent, … More