On December 20, 2011 the Federal Reserve Board (FRB) issued a Notice of Proposed Rulemaking to implement the heightened supervisory standards and early remediation requirements that are intended to play a crucial role in achieving the aims of the Dodd-Frank Act. 

Mitt Romney handed President Obama a political gift this weekend, when his campaign announced that he would not file his tax return on time. Romney made the announcement at 5 p.m. on Friday — the time politicians usually put out bad news they hope no one will notice. Team Obama noticed all right

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

David Ignatius has yet another Iran leak from the White House. Here’s the gist: Obama told his close buddy Turkish PM Erdogan to tell his close buddy Ayatollah Khamenei that as long as Iran doesn’t seek nuclear weapons, Obama’s cool with them keeping their nuclear program.

On these quite intensive days for Government and the Parliament we deem it relevant and appropriate to reflect upon the issue of competition. This word has been frequently abused and idolized as the goal of any market process instead of being considered an instrument, a process regulated for the benefit...

In going along in May 2010 with the European charade that Greece did not have a solvency problem, was the IMF really standing for the proposition that the laws of economics do not and will not give way to political considerations?

The courts should generally defer to the legal interpretations set forth in IRS revenue rulings and revenue procedures.

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.