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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Long Inflation and Its Political Consequences
By Byron York
Wednesday, March 23 2022
While much of the political world focused on the confirmation hearings of Supreme Court nominee Ketanji Brown Jackson, across town in Washington on Monday, the chairman of the Federal Reserve, Jerome Powell, delivered a speech that could reverberate through the next two election cycles.  What was so politically consequential about Powell's speech? His declaration that he expects it will take three years to bring inflation, currently at 7.9% annually, its highest rate in four decades, back to a normal level. "The inflation outlook has deteriorated significantly this year, even before…
 
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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   

Are housing prices in your area currently rising, dropping or staying about the same?