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Ryan Chan-Wei On May 14, the Senate Banking Committee voted 15 to 9 to advance the Digital Asset Market Clarity Act (CLARITY Act), with...
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Editor's Pick
Jeffrey Miron Since September 2025, the United States has conducted dozens of military strikes in the Caribbean and eastern Pacific against vessels allegedly engaged...
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Travis Fisher and David M. Simon Since the days of powdered wigs, so-called experts have predicted that economic growth would soon collide with hard...
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James Bacchus (Getty Images) This much can be said about the latest gambit by President Donald Trump and his trade team in their persistent...
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Jennifer Huddleston (Getty Images) House Representatives Jay Obernolte (R‑CA) and Lori Trahan (D‑MA) introduced a 300-page draft bill to establish a framework for the...
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Andrew Gillen After years of political fights over excessive student loan debt, there is a new, surprising twist. Twenty-five states with a Democrat governor...
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Jeffrey Miron Many prosecutors run on reform platforms, which advocate lessened charges for low-level offenses. New research uses variation in the timing of when...
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Dan Greenberg Earlier this week, President Trump’s pressure campaign accomplished a long-time goal: Colorado Governor Jared Polis commuted the sentence of Tina Peters, a...
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Solveig Singleton The Consumer Financial Protection Bureau (the Bureau) regulates banks and other financial services. The Dodd-Frank Act gave the Bureau the power to...
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Marcos Falcone On May 15, the Cato Institute hosted a policy forum titled “Has the Time Come for Dollarization in the Americas?” featuring John...
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Matthew Cavedon Last week, I blogged in support of reviving private criminal prosecutions. The state’s monopoly on bringing criminal charges arose late historically and...
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Michael F. Cannon (Source: Jfinch, Wikimedia Commons) Suppose Congress funds Social Security entirely by taxing the wealthy, who would never spend money in a...
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Matthew Cavedon On May 17, Commonwealth Attorney G. Ryan Mehaffey sent the Spotsylvania County sheriff a letter saying Virginia’s new ban on “assault weapons”...
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Molly Nixon The Constitution’s framers recognized that the pardon power was liable to abuse, but they rejected proposed constraints on it—trusting, as Alexander Hamilton...