What powers should belong to the Federal Reserve?

Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.

When does federal law trump state law? Federal preemption has become the stuff of public debate and of major news stories. Consumer advocates, plaintiffs attorneys, and state officials argue that broad federal preemption claims interfere with the states’ historic police power to protect their citizens against corporate misconduct. Corporations and...

Real health reform is needed at both the state and federal levels. It will take a few more shovels first to bury most, if not all, of the Affordable Care Act and then to dig a way out to a market-based solution that relies on state-level policy innovation in key areas.  

Every federal official has an obligation to act in line with the Constitution as he or she understands it. And that doesn't necessarily mean obeying Supreme Court decisions.

When he was director of central intelligence, Leon Panetta earned a reputation as an energetic advocate for his agency. When he replaced Robert Gates at the Pentagon, it was reasonable to hope that Panetta would continue to play the role of a senior statesman.

Join the Federalist Society and AEI for a panel discussion of John Yoo and Julian Ku's new book, where Martin Flaherty of the Fordham University School of Law and Jeremy Rabkin of the George Mason University School of Law will join the authors in a discussion of their proposals and whether they are faithful to our Constitution, our history and our international law obligations.