We've often highlighted how federal and state regulators who target short-term lenders only end up hurting…
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Federal Regulators Again Target Short-Term Lending, Hurting Struggling Americans They Claim to Help

We've often highlighted how federal and state regulators who target short-term lenders only end up hurting the struggling Americans they claim to be helping.

That dynamic is even more pronounced in times of increasing economic uncertainty like today.

According to a 2018 study from the federal government itself, nearly 40% of American families don’t possess sufficient savings to cover even a $400 emergency expense, including 51% of military service members living paycheck-to-paycheck.   For such people, credit cards aren’t always a viable option and traditional bank loans aren't feasible because of the small amounts involved.

They can, however, access desperately-needed money for the short-term via consumer finance loans.   Unfortunately, the Biden Administration, the Pelosi…[more]

July 05, 2022 • 07:23 PM

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Can Biden Buy Votes With Student Debt Relief?
By Byron York
Wednesday, April 20 2022
The 2020 Democratic presidential primary race was a bidding war in which the various candidates advocated spending trillions of dollars to enact sweeping progressive agendas. Some agendas were a bit more sweeping than others, but they all amounted to unprecedented increases in federal spending.  Take the issue of student loans. Bernie Sanders, the most progressive of the contenders, wanted to cancel all $1.6 trillion in student debt – just throw out all student loans for 40-plus million Americans and somehow make Wall Street pay for it. Elizabeth Warren pledged to forgive…
 
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Quiz Question   
What percentage of U.S. Supreme Court decisions in the just-completed 2021-2022 term were decided unanimously?
More Questions
Notable Quote   
 
"The U.S. Supreme Court has made clear that the Second Amendment guarantees law-abiding citizens the right to keep and bear arms for self-defense, both in their homes and in public. On Friday, New York responded that it didn't care.New York Gov. Kathy Hochul ushered in the long Independence Day weekend on Friday by signing into law legislation crafted in response to the Supreme Court's recent decision…[more]
 
 
—Margot Cleveland, Senior Legal Correspondent at The Federalist
— Margot Cleveland, Senior Legal Correspondent at The Federalist
 
Liberty Poll   

How are record-high gas prices and other increasing costs affecting your Independence Day travel plans?