May 11, 2018 at 11:50 pm Comments are Disabled
In the wake of the 2008 financial crisis, lawmakers scrambled to ensure that the mistakes of history would not be easily repeated. The result was a 22,000-page set of regulations called Dodd-Frank, which heavily increased regulatory oversight on the banking system. Eight years later, it is time to roll backRead More
May 11, 2018 at 11:47 pm Comments are Disabled
After every financial crisis, the government examines what went wrong and then tries to instill regulations to prevent such a crisis from occurring again. The two largest moves to regulate the banking industry came after the Great Depression and the Great Recession. The latter crisis resulted in the passageRead More
October 21, 2016 at 6:00 am Comments are Disabled
This past June, the United Kingdom voted to leave the European Union, resulting in immense political and economic changes across the world. With 51.9 percent of votes in favor of the referendum, the majority of U.K. citizens dim-wittingly overlooked the immediate consequences of separating themselves from the rest of theRead More