The Impacts of Seila Law Beyond Consumer Finance

Although the Supreme Court’s recent decision in Seila Law v. CFPB this week has settled one very large question — Are for cause removal protections for the unitary head of a regulatory agency constitutional? — it has raised many more. Below are three impacts on banking and finance regulation that Seila Law will have beyond […]

Congress and the President Must Counteract the Wealth Inequality the Fed Will Create

Courtesy of Todd Phillips* This morning, the Federal Reserve announced it would begin open-ended quantitative easing, offering to buy “Treasury securities and agency mortgage-backed securities in the amounts needed to support smooth market functioning and effective transmission of monetary policy.” This expands on its announcement last week that it’d buy up to $700 billion worth […]