Trump Picks Ex-Goldman Banker, Steve Mnuchin, Known as ‘King of Foreclosures’ to Head Treasury
Why you should be worried about the prospect of Steve Mnuchin as Treasury Secretary.
Read more...Category Archives: Regulations and regulators
Trump Starts Revealing His True Colors: Government by Plutocrats, For Plutocrats
The outlines of how Trump will govern are emerging from the fog, as revealed by his Cabinet picks. As expected, there is a lot not to like.
Read more...Oil Industry Worries About Peak Oil, as in Peak Demand
Some forward-thinking oil producers are worried about peak demand. Are their concerns warranted?
Read more...Trumpism Has Dealt a Mortal Blow to Orthodox Economics and ‘Social Science’
Why Trumpism caused mainstream ‘social science’ to fall like a house of cards.
Read more...Can Trump Really Make U.S. Coal Great Again?
What are the prospects for the restoration of King Coal under Trump?
Read more...News Flash: Mary Jo White Claims SEC Produces “Bold and Unrelenting Results”
SEC chair Mary Jo White takes victory lap for agency’s paltry and overstated enforcement record when walk of shame is more warranted.
Read more...Banks Whinge About Tougher EU Regulations to Reduce Too Big to Fail Risk
The Financial Times is a bit too sympathetic to poor oppressed banks facing tougher EU safety rules.
Read more...Donald Trump: “My 100-Day Action Plan”
A look at Trump’s major proposals.
Read more...Italy’s Bank Rescues Founder, With Small Savers and Prime Minister Renzi as Casualties
Italian banks may start bail-ins at the worst possible time for Matteo Renzi and his constitutional reforms.
Read more...Thwarting Trump’s Climate Change Rollback: The Green-State Climate Agreement
State and local measures, such as a green-state pact, could impede the Trump administration’s efforts to unwind climate change initiatives.
Read more...The Retreat of Financial Globalization?
Financial globalization, meaning high levels of funds movement across borders, has fallen, and that’s a good thing.
Read more...Mary Jo White Leaves Behind a Weakened SEC for Trump to Weaken Further
Mary Jo White leaves behind an SEC weaker than she found it, with three commission seats now open. Trump will weaken the agency further.
Read more...Wall Or No Wall: Trump Needs The Mexican Oil Industry
If Trump follows through with his promise of having the US exit Nafta, it means imposing tariffs on Mexican oil, which the US needs.
Read more...Trump To Clear Way For Oil Pipelines
A Trump presidency is a big setback to environmentalists, particularly opponents of the Dakota Access and Keystone XL pipelines.
Read more...Wolf Richter: What the Heck’s Going on with Foreclosures? Why this Spike?
Yves here. While the recent trend in foreclosures looks alarming, it appears that servicers are making a push to clear out what they regard as old inventory, even though it appears to be include defaults that started after the crisis. One has to note cynically that they waited to the tail end of the Obama administration […]
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