Politics

It’s hard to avoid the conclusion that the SAVE Act in its current form was designed to not pass. To prolong the fight, not solve the problem. To make base voters angry and get them to fight. To provide a reason for politicians to appear on cable TV and to get the most partisan voters to turn out in November.

It’s hard to avoid the conclusion that the SAVE Act in its current form was designed to not pass. To prolong the fight, not solve the problem. To make base voters angry and get them to fight. To provide a reason for politicians to appear on cable TV and to get the most partisan voters to turn out in November.

Dallas--The Institute for Policy Innovation (IPI) is pleased that the Supreme Court has correctly decided that President Trump improperly used the 1977 International Emergency Economic Powers Act to impose harmful, capricious, sometimes malicious and often incoherent tariffs on goods purchased by American businesses and consumers. And we await the comedy of a response from the Trump administration.

There are no sovereign liabilities denominated in bitcoin, which means there’s no obvious emergency for which “having bitcoin on hand” is the solution. Reserves should be built around the liabilities and risks you’re trying to hedge — and bitcoin’s volatility tends to amplify risk rather than reduce it.

A government bitcoin “reserve” is really government chasing fads and making highly speculative bets with taxpayer dollars. And gambling with taxpayer dollars is not a legitimate function of government.

The EU could reinstate its 25% retaliatory tariff on bourbon today, or at any point in the future. And when the EU tariffs American bourbon, we don’t pay more for bourbon—they do. But we sell less of it to them. In other words, we’re both harmed.

The proposed acquisition of Kenvue by Kimberly-Clark, headquartered in Irving, is a useful reminder of how markets and economic freedom work to benefit consumers.

Now is the time for the “Art of the Deal” Trump to step up to the plate. It will probably require sidelining advisor Stephen Miller, but you can’t make an omelet without breaking a few eggheads.

The Consumer Financial Protection Bureau (CFPB) is a zombie federal agency. Congress should put a stake through its heart, but until then, the CFPB continues to pose a threat, especially since everyone thinks it is already dead.

Conservatism is a posture of the soul: a recognition that we are heirs to a noble inheritance of culture, of institutions, and of morality and ethics.