Last week, Wells Fargo, the nation’s largest mortgage lender, was sued by the U.S. Attorney in Manhattan for allegedly defrauding the Federal Housing Administration (FHA). This is just the latest proof that additional regulation of major banks’ mortgage lending is not needed. As a series of recently filed lawsuits shows, …
A funny thing happened on the way to the recall. Government unions organized Wisconsin Governor Scott Walker’s (R) recall in retaliation for limiting their collective bargaining powers. But the Democratic candidate, Milwaukee mayor Tom Barrett, barely mentions the collective bargaining law on the campaign trail. That is probably because—now that …
