Category Archives: Banking industry

Trump’s “Fix Affordability” 10% Credit Card Interest Rate Cap: A Gimmick, Not a Solution (and It Won’t Happen Anyhow)

It has gotten through to Trump that the state of the economy, and particularly consumer suffering from persistently high costs, aka the affordability crisis, can’t be solved by his barker’s patter about how great things are. So he’s roused himself to try to find some quick and easy wins so he can present himself as […]

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Move Fast and Break Everything: Crypto and the Democrats

How the Democrats brought crypto back from the dead after the FTX collapse and how weak oversight harms consumers and produces systemic risk.

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Wall Street Journal Insults Reader Intelligence, Depicts Lenders as Addressing Loan Risks When That Horse Has Left the Barn and Is in the Next County

The Wall Street Journal does its readers no favors in its whole-hog adoption of the fraud spin in ‘splaining high profile loan losses.

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