• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • financial reform

    Financial Freedom: The Solution to Ailing India Economy

    India’s consumers might have been jealous of King Midas’s touch. The country’s historical affinity for gold has reached new extremes thanks to a weak economy, a falling rupee, and poor financial alternatives. In the past year, India’s economy has been beleaguered by poor performance. Corruption, a lack of competitiveness, and … More

    Countrywide Gave VIP Loans to Top Policymakers, Regulators

    The now defunct Countrywide Financial Corp. issued hundreds of discounted loans to government officials and Fannie Mae employees in order to build clout with influential policymakers, a new House report shows. The report, issued by the House Oversight and Government Reform Committee, details several Countrywide VIP loans that were given … More

    PODCAST: New Debit Card Fees Thanks to the Durbin Amendment

    In this week’s Heritage in Focus, regulatory fellow Diane Katz discusses a provision in the regulatory reform bill, also known as Dodd-Frank, that is leading banks to increase debit card fees. Listen here. The provision, known as the “Durbin amendment,” limits the amount banks can charge retailers when consumers swipe … More

    An Iceberg of Financial Reform, but What Lies Beneath?

    A whopping 62 percent of Americans now say the United States is on the wrong track, yet President Barack Obama and liberals in Congress continue to steer the country in the same downhill direction toward bigger government. That runaway train picked up more speed this morning, as a House-Senate conference … More

    How Bad is the Lincoln Derivatives Bill?

    It makes a future market melt-down more likely. Today the Senate takes up Senator Blanche Lincoln’s amendment to regulate over-the-counter derivatives. The Lincoln bill is very, very bad, but don’t take out word for it, ask the Federal Reserve. Fed Staffers released a four page, seven point critique saying the … More

    VIDEO: A Wall Street Bailout Bill

    This week, efforts are underway to begin considering a bill sponsored by Senator Chris Dodd (D-CT) which he and the President have claimed would bring real financial reform to Wall Street. As our latest video explains, in its current form, it can better be described as a Wall Street Bailout … More

    In The Green Room: Senator Jim DeMint (R-SC) on Financial Reform

    Yesterday, Senator Jim DeMint (R-SC) sat down with us for a quick interview before sitting on a panel with Congressman Tom Price (R-GA) and our own Bill Beach for an event titled, “Is America Sinking into the Dependency Abyss?“. He talked with us about the growth of entitlements and the … More

    How To Create Bailouts Forever

    Treasury Secretary Timothy Geithner stumps for Sen. Chris Dodd’s (D-CT) finance reform bill in today’s Washington Post: As the Senate bill moves to the floor, we must all fight loopholes that would weaken it and push to make sure the government has real authority to help end the problem of … More