Commentary

The Biden Administration Takes a Swipe at Credit Card Industry

By Stephen Moore
Tuesday, March 26 2024

The Biden administration regulators see a monopoly boogeyman behind the curtain of nearly every business merger and acquisition – from airlines to cellphones to chicken producers. Now they're trying to stop Capital One from acquiring the credit card company Discover. That's a bizarre cease-and-desist order, because this acquisition by Capital One would INCREASE rather than inhibit competition in an industry that processes two-thirds of retail store and online transactions worth $5 trillion each year. Americans love swiping and tapping for their shopping. To suggest that the acquisition…

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Turns Out Biden Lied About Hur, Beau, And Why He Pilfered Classified Documents

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Biden SOTU Pandering on Drug Price Controls Would Only Bring Shortages

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Biden's Corporate Tax Hike: Populism Versus Economic Literacy

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