On September 13th the House subcommittee on Worker Protection and the subcommittee on Health, Employment, Labor, and Pensions held a congressional joint hearing to consider the Save Local Business Act. The proposed bill seeks to define joint employers as those who have “actual, direct, and immediate control” over employees and to roll back the Obama … Continue reading
Category Archives: Regulation
The CRA, Regulation Day, and the Pathway for Regulatory Repeal
The phenomenon of “Midnight Regulations” — the high volume of rules issued as a lame duck President’s term winds down — has been well documented by the American Action Forum, as have Congressional attempts to curb the Midnight trend. Building on that analysis, we decided to investigate the effect of a 1996 law that was … Continue reading
House GOP’s Dodd-Frank Fix: A Market-Based Solution
When Wisconsin Congressman Paul Ryan started as Speaker of the House last October, he promised to outline a Republican vision on policies for the 2016 election. Last week, chairman of the House Financial Services Committee, Rep. Jeb Hensarling (R-TX), began that process by outlining a bill designed to replace the 2010 Dodd-Frank Wall Street Reform … Continue reading
America / CFPB / Regulation
Adding Government Agencies is Hurting Home Buyers
When Americans make the monumental decision to purchase a new home, they must endure the complicated process of attaining a mortgage. Many factors are involved in this process. One of which is paying for the real estate settlement services that are involved in home buying. Examples of said services include real estate agents and brokers, … Continue reading
How Small Programs Hidden in Dodd Frank are Costing Americans Big Money
More than five years following the passage of The Dodd-Frank Wall Street Reform and Protection Act (Dodd-Frank), the question of necessity of such an extraordinarily large and overbearing act persists. This enormous document was introduced to address the issues existing in the financial system, specifically to prevent another financial crisis, but it appears to have … Continue reading
Proposed Overtime Rule: Overestimated Benefits Fail to Justify Costs
This past summer, the Department of Labor (DOL) unveiled a proposed rule that could provide almost five million new workers with overtime protections. Currently, overtime regulations apply only to those earning $455 or lower weekly. If implemented, this new rule would increase the salary threshold up to $970 a week. This threshold is equivalent to … Continue reading
Economic Freedom Series: Why Do I need a Prescription for Contact Lenses?
The Federal Trade Commission (FTC) and Federal Drug Administration (FDA) have infringed upon my economic liberties. Collectively, these government bodies created an inefficient marketplace that burdens contact lens retailers and consumers. In hopes of curtailing market power granted to contact lens prescribers by FDA regulation, the FTC designed the Fairness to Contact Lens Consumer Act … Continue reading
Free the Fuel for Technological Innovation
Every time you get a text message, watch a YouTube video, Google a question on your phone, or jam out to “97X BAM, the future of Rock n’ Roll”, you are utilizing the radio spectrum. As the fuel for essentially all communication between connected devices, everything, from the free WiFi you enjoy at Starbucks, to … Continue reading
Two More Ways the “Open Internet Order” is Illegal
As I have previously discussed, the Open Internet Order (OIO) recently passed by the Federal Communications Commission (FCC) is an unconstitutional breach of the Fifth Amendment’s Takings Clause. That is not the only legal pitfall of the order, however. It also violates the Telecommunications Act, the very law which it is using to apply Title … Continue reading
Meat Industry Challenged by New DGAC Report
Do you love coffee but also love red meat and dessert? If so, there’s good news and bad news. On Thursday, February 19, the Dietary Guideline Advisory Committee (DGAC) released a lengthy 571-page report of suggestions to the Department of Heath and Human Services (HHS) and the U.S. Department of Agriculture (USDA). The report explained … Continue reading
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