President Obama plans to issue his cybersecurity executive order on Wednesday, following his State of the Union address, according to The Hill. Based on drafts circulating several months ago, the executive order is likely to be highly flawed in its efforts to impose regulations on the dynamic cyber realm. In …
Not many people know the meaning of “swap” (as in a financial hedge, not flea market). Only the most sophisticated investors actually understand the complexities of buffering risk by exchanging cash flows. Under Dodd–Frank, however, federal regulators have been tasked with assuming control of this market, in which hundreds of …
The Consumer Financial Protection Bureau (CFPB) has imposed yet more regulation on the mortgage market, as required by the Dodd–Frank statute. The latest set of requirements and restrictions focuses on mortgage servicers, those who are hired by lenders to collect payments and manage other administrative aspects of home loans. Bureau …
Lisa Jackson will retire from her position as head of the Environmental Protection Agency (EPA) this month as the most prolific regulator of her class of Obama administrators. This is not a distinction to be coveted. Under Jackson’s leadership, the EPA has issued 1,824 regulations. For context, the Department of …
A new report by the Business Roundtable (BRT) affirms what Heritage analysts and other experts have been saying for years: Cybersecurity is best enhanced by information sharing, not more regulation. Indeed, it was because of disagreements over a regulatory approach that cybersecurity efforts failed in the last Congress. The new …
Ever since the Senate rejected President Obama’s cap-and-trade scheme in 2009, his administration has been hard at work to find other ways to implement a radical, environmentalist agenda. Obama made these intentions clear at a press conference in 2010 when he explained, “Cap and trade was just one way of …
President Obama enjoyed support from some key constituencies in his successful reelection bid. Some of those groups are surely expecting to benefit from another four years of his Administration. Here are three groups likely to get some sort of payout during a second Obama term. Big Labor Labor unions have …
One might reasonably assume that a legal corporation on American soil—in this case, Marriott—would have the right to decide when and where off-duty employees can access its property. You know, land of the free and all that. Well, think again. The National Labor Relations Board (NLRB) last month actually invalidated …
