News
Bloomberg | Fed Loan Survey Shows Easier Lending for Mortgages, Businesses
U.S. banks are seeing an increase in demand for credit and are providing loans more readily to home buyers and businesses, according to a Federal Reserve survey.
CNBC | Higher bills? Thank the emerging middle class
Consumers trying to keep their budgets balanced will be dismayed to find that keeping up with the Joneses is getting pricier as the global middle class expands.
Econ Comments & Analysis
Washington Times | Making regulations that do more harm than good
Those in government are unlikely to start considering the consequences of their actions until citizens are empowered to bring suits against those who act in such irresponsible ways.
Politico | Dodd-Frank's panic problem
Last week, writing in POLITICO, former members of Congress Chris Dodd and Barney Frank touted the fact that the legislation that bears their names now forbids using public funding to keep failing banks in business.
Market Watch | Fed's Lockhart: Don't rule out Oct. for taper
The initial cut in the Federal Reserve's bond buying program could come at any of the three remaining policy meetings this year: September, October or December, said Dennis Lockhart, the president of the Atlanta Fed Bank on Tuesday.
AEI | Only Congress thinks Main Street banks are TBTF
No one is shedding tears over banks being designated systemically important under Dodd-Frank, but they should. Most designees had nothing to do with the financial crisis and don't pose a threat to economic stability, but they're subject to the full brunt of Dodd-Frank's rules.
