RealClear Markets
Why Letitia James’s Zelle Lawsuit Will Not Stop Fraud
Letitia James is once again ramping up the lawfare machine from her perch as New York Attorney General. This time, rather than pursuing presidential candidates or thwarting DOGE cuts to the bureaucracy, she’s directing legal firepower at fraudsters using peer-to-peer finance apps, specifically Zelle. Oddly, it’s not the well-documented networks of scammers and fraudsters using finance apps to lure…
Elizabeth Warren Ditches Consumer Welfare In Support of Big Banks
Sen. Elizabeth Warren (D-Mass.) loves to cast herself as the ultimate public defender of consumers and the arch-nemesis of bankers on Wall Street. However, with her recent record opposing popular mergers and shutting down regulatory reform for Bitcoin and its crypto-offspring, Warren has sided more with the major banks rather than new players that stand…
Some Bright Spots In President Biden’s Executive Order on Competition
Earlier this month, as Americans finished up the 4-day work week to enjoy midsummer weather, President Biden unveiled an executive order on promoting competition in our economy. While it contains several aspects that could negatively impact consumers, there are also some bright spots that could help spark new innovations, remove red tape, and help reduce prices. For…