Taken as a whole, the administration's financial regulatory proposals suggest an ideological agenda focused on controlling another sector of the economy.

If the goal of regulatory reform is to minimize the odds of future financial meltdowns, GSE reform must be included in the financial reform package.

With Europe collapsing, China stumbling, and India and Brazil retreating from full free market reform, we’re the last stable, pro-growth economy left.  

Ever since its founding in 1948, the Democratic People's Republic of Korea has maintained an aggressive and bellicose international security posture. Today, fully two decades after the end of the Cold War, North Korea's external defense and security policies look arguably more extreme and anomalous than ever.

The Dodd-Frank legislation has many problems and omissions, and much is still uncertain about implementation. But the new liquidation authority provides for the possibility of making it so that future crises do not involve the bailouts of creditors that truly embodied the problem of having banks that are too big to fail.

The liberal critics of Republicans want the GOP to behave itself and go back to the good old days best described by Eugene McCarthy’s quip that the chief purpose of moderate Republicans is to shoot the wounded after the battle is over. No thanks.

Political dysfunction. Partisanship at record levels. Attack politics run amok. And public approval of Congress scraping the single digits (Sen. John McCain is fond of saying it's down to blood rlatives and paid staff).

Treasury Secretary Timothy Geithner offers an address on the urgent need for financial regulatory reform.