In nominating Jerome Powell for a second term as chair of the Federal Reserve, the Biden Administration has taken a step toward preserving the independence of the world’s most important central bank. Powell will likely steer a steady course and not give in to the worst policy inclinations of progressives nor to the hard money Read More →
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On July 9, President Joe Biden signed an executive order aimed at “promoting competition in the American economy.” It’s a big goal, and it’s a big executive order, consisting of 72 different initiatives across a dozen federal agencies. Beefed-up antitrust enforcement is the administration’s focus. Whether cracking down on corporate mergers and other allegedly monopolistic Read More →
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