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Proposed Legislation: Fannie And Freddie Are Here To Stay – There Is No Alternative

Since the US government nationalized the two GSEs in 2008 in a $187 billion bailout of the mortgage giants, there have been consistent calls for them to be wound down and for the private sector to fill the void. As we discussed, this view is, or was, shared by new Fed Chairman, Jay Powell. Mr. […]


CFPB Reportedly Funneled Billions Into “Secret Democrat Slush Fund”, Consultant Claims

A consultant who worked with the highly politicized Consumer Financial Protection Bureau (CFPB) claims the organization funneled a large portion of over $5 billion in collected penalties to "community organizers aligned with Democrats" as part of a giant slush fund, the Post reports.  [The CFPB] Funneled a large portion of the more than $5 billion in […]


Mueller Goes After Trump’s Bank Accounts, Subpoenas Deutsche Bank

Special Counsel Robert Mueller has subpoenaed Deutsche Bank, demanding that it disclose details of transactions and documents on accounts help by President Trump and members of his family as the "Russian collusion" probe now turns its attention to Trump's bank accounts. According to Handelsblatt, which first reported the news, the bank received the subpoena several […]


The Swamp Wins: Trump Expected To Nominate Powell To Replace Yellen

Authored by Tho Bishop via The Mises Institute, In the end Donald Trump will get what he wanted, a “low interest rate person” who also happened to be a “Republican.” Jerome Powell is expected to replace Janet Yellen in an announcement later this week. If so, this means Trump will ensure that, while the stationary at the Eccles Building […]


Republican Chair Of House Financial Services Committee To Retire

One of the most powerful and longest serving Congressmen, Rep. Jeb Hensarling (R-Dallas), won’t run for re-election next year according to the Dallas News. Hensarling – who chairs the powerful Financial Services Committee and has been a strong voice in regulating the financial industry – has represented Congressional District 5 in the Dallas area since […]