With the recent publication of its final rule, the federal government's Financial Stability Oversight Council is now in position to designate certain nonbank firms as "systemically important financial institutions" (SIFIs). There is probably no aspect of the Dodd-Frank Act that will have more damaging effects on competition in the U.S. financial system.

Reid Hoffman’s talk this week at Stanford (podcast and video available here) touched on several themes that collectively seem to comprise the Silicon Valley innovator ethos; most are relevant to healthcare and biopharma, and I agree with all his assertions except one.

(Hoffman, for...

Will we recover, unbridle ourselves of debt, innovate, pay for our national security? Or, is China fated to become number one, leaving us to live in a Chinese world?

Some consumers and businesses might see a little extra cash this summer as a result of the 2010 health care law. The Kaiser Family Foundation recently reported an estimated $1.3 billion in rebates will be delivered from health insurers who spent more than the law allotted on administrative expenses and profits.

The Office of Foreign Assets Control in the United States has taken explicit steps in the direction of sanctions and freezing assets of shipping companies that give in to pirate demands but the Contact Group must encourage other countries to do the same.

The best way to attract investment to the United States is not to penalize domestic firms that invest abroad, but to remove penalties on firms, domestic or foreign, that invest here. Numerous governments around the world have reached similar conclusions about their own economies and have reduced corporate income tax rates to attract investment to their shores.

The Democrats' proposal to take away tax subsidies from big oil companies sounds like a scapegoating attempt by a gangster government.