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    Dodd-Frank: Dismal Findings on Rulemaking

    Two recent reports document anew the failure of federal agencies to meet the extensive rulemaking requirements of the Dodd–Frank statute. The regulatory backlog highlights how unworkable the law is for both bureaucrats and businesses. As of February 1, a total of 63 percent of the rulemaking deadlines have been missed, … More

    JPMorgan Loses $2 Billion; Still Beats Postal Service

    JPMorgan Chase’s $2 billion trading loss is top news nationwide. But over at the U.S. Postal Service (USPS), such losses are business as usual. USPS reported a typical (for it) $3.2 billion loss for the most recent quarter. Try that comparison on for size. JPMorgan Chase incurred a “whale” of … More

    Veto Bait for President Obama?

    The President is scheduled to sign the financial overhaul bill today, yet he might want to pause a moment to consider not signing this bill because of the potentially unconstitutional racial and gender preference provisions buried in the massive bill. Four members of the U.S. Commission on Civil Rights have … More