Financial Markets
Highly and preemptively regulated, financial markets are a sector of the economy where new firms and their products can find it hard to gain a foothold. It’s also one where politicians, regulators, and financial institutions increasingly use their power to change the behavior of individuals and businesses outside the democratic process. Mercatus research shows how to keep the sector competitive and innovative, focused on finance and not on social causes.
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Latest work in Financial Markets
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The Fed Meeting | Bloomberg Daybreak: Asia
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Fed Chair Powell Giving Dovish Comments ‘Would Be a Mistake' | Fox Business Network
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Hoenig Details What To Expect From the Fed Next Week | Fox Business Network
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Fed Seemingly Accepting 3% Inflation as ‘Good Enough for Now,’ Says Fmr. Kansas City Fed President | CNBC
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National Rifle Association of America v. Vullo
Brief to the Supreme Court of Financial and Business Law Scholars as Amici Curiae in Support of Petitioner
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Comment on the Proposed Rulemaking on "Regulatory Capital Rule: Large Banking Organizations and Banking Organizations with Significant Trading Activity"
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Walking the Federal Reserve’s Policy Tightrope | Discourse
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Dollarization Won’t Solve Argentina’s Fiscal Problems | The Hill
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The Costs of Crises Revisited | FinRegRag
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Can America Rein in Foreign Pollution Without Paying the Bill? | DC Journal and InsideSources
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SEC Proposal on Predictive Data Analytics Lacks Statutory Authorization | Columbia Law School’s “Blue Sky Blog”
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Fed Is Thinking About the Future ‘A Little More Seriously’ | Fox Business Network
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What Are “Regulatory Sandboxes” and Will New Mexico Pass Legislation To Allow Them? | Rio Grande Foundation’s “Tipping Point New Mexico”
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The Fed Has ‘A Long Way to Go’, Says Fmr. Kansas City Fed President Thomas Hoenig | CNBC’s “Closing Bell”
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Q&As About Treasury Auctions & Weak Demand for 30-year Treasuries | FinRegRag
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POLICY SPOTLIGHT | Fiscal Dominance—What It Is and How It Threatens Inflation Control
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The Unholy Trinity | FinRegRag’s “FinRegRant”
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FinRegRant Episode 3: The Unholy Trinity | FinRegRag
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Basel Risk-Weighted Capital Standards: History of Poor Outcomes
House Subcommittee on Financial Institutions and Monetary Policy | The Tangled Web of Global Governance: How the Biden Administration is Ceding Authority Over American Financial Regulation
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
The Fed Meeting | Bloomberg Daybreak: Asia
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Fed Chair Powell Giving Dovish Comments ‘Would Be a Mistake' | Fox Business Network
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Hoenig Details What To Expect From the Fed Next Week | Fox Business Network
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Fed Seemingly Accepting 3% Inflation as ‘Good Enough for Now,’ Says Fmr. Kansas City Fed President | CNBC
- | Financial Markets Financial Markets
- | Amicus Briefs Amicus Briefs
National Rifle Association of America v. Vullo
Brief to the Supreme Court of Financial and Business Law Scholars as Amici Curiae in Support of Petitioner
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Comment on the Proposed Rulemaking on "Regulatory Capital Rule: Large Banking Organizations and Banking Organizations with Significant Trading Activity"
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Walking the Federal Reserve’s Policy Tightrope | Discourse
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Dollarization Won’t Solve Argentina’s Fiscal Problems | The Hill
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Costs of Crises Revisited | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Can America Rein in Foreign Pollution Without Paying the Bill? | DC Journal and InsideSources
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
SEC Proposal on Predictive Data Analytics Lacks Statutory Authorization | Columbia Law School’s “Blue Sky Blog”
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Fed Is Thinking About the Future ‘A Little More Seriously’ | Fox Business Network
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
What Are “Regulatory Sandboxes” and Will New Mexico Pass Legislation To Allow Them? | Rio Grande Foundation’s “Tipping Point New Mexico”
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
The Fed Has ‘A Long Way to Go’, Says Fmr. Kansas City Fed President Thomas Hoenig | CNBC’s “Closing Bell”
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Q&As About Treasury Auctions & Weak Demand for 30-year Treasuries | FinRegRag
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
POLICY SPOTLIGHT | Fiscal Dominance—What It Is and How It Threatens Inflation Control
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Unholy Trinity | FinRegRag’s “FinRegRant”
- | Financial Markets Financial Markets
- | Radio Appearance Radio Appearance
FinRegRant Episode 3: The Unholy Trinity | FinRegRag
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Basel Risk-Weighted Capital Standards: History of Poor Outcomes
House Subcommittee on Financial Institutions and Monetary Policy | The Tangled Web of Global Governance: How the Biden Administration is Ceding Authority Over American Financial Regulation
Latest work in Financial Markets
- | Financial Markets Financial Markets
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Express Loans for Small Business: Supplementing the CARES Act
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Relief Fund Allocation Is No Place to Play Politics
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The Sandbox Paradox: Balancing the Need to Facilitate Innovation with the Risk of Regulatory Privilege
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Get Cash to More Families That Need It Now: Give Banks More Discretion to Make Home Equity Loans and Refinance Mortgages
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Explaining Dirks
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Reforming Index Fund Voting
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Some Challenges for Congress’s Proposed Reform of Insider Trading Plans
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Private Policies and Public Power
When Banks Act as Regulators within a Regime of Privilege
- | Academic & Student Programs Academic & Student Programs
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Consumer Perceptions of Financial Advisory Titles and Implications for Title Regulation
"Brokers” versus “Advisers”—Regulating Financial Services Titles: Begin with What Consumers Already Know
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Will SEC Regulation Best Interest Protect Investors?
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- | Books Books
How Do Small-Dollar, Nonbank Loans Work?
- | Monetary Policy Monetary Policy
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Money Demand and Seignorage Maximization before the End of the Zimbabwean Dollar
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The Recourse Rule: How Regulatory Capture Gave Rise to the Financial Crisis
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- | Data Visualizations Data Visualizations
The Ex-Im Bank Is More Responsible without a Quorum
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The Informational Efficiency of Cross-Listed Securities and the Quality of Institutions
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POLICY SPOTLIGHT: Fintech Lending
Regulatory Challenges, Regulatory Solutions
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Rethinking Decimalization
The Impact of Increased Tick Sizes on Trading Activity and Volatility
- | Financial Markets Financial Markets
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Yes, the Benefits of a Higher Leverage Ratio Can Exceed the Costs
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The Ethics of Insider Trading Reform
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Small Business Capital Access
Latest work in Financial Markets
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How Many Words Might Basel III Endgame Add To Current Bank Regulation? | FinRegRag
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Congress May Modernize the SEC’s Mission. Will It Work? | The Hill
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The Supreme Court Should Curb the SEC’s Excessive Penalties | Bloomberg Law
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An Ominous Outlook for the Banking Sector | FinRegRag
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Biden Impeachment Probe May Turn on Definition of ‘Benefit' | Law360
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Three Ways to Help Get the SAFER Act Back on the Right Path | FinRegRag
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Are Bank Customers Safer With the Safer Act? Doesn’t Look Like It. | FinRegRag
- | Regulation Regulation
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Trump Can’t Have It Both Ways on Tariffs | The Wall Street Journal
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China's Economy Is Struggling. Still Want To Emulate it? | Creators Syndicate
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Basel III Endgame: Capital Rules for Technocrats | FinRegRag (Substack)
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More Uncertainty on the Horizon, Banks Still Under Pressure: Former Kansas City Fed President | BNN Bloomberg’s “The Close”
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Progressives and Populists vs. the Credit Card Market | Creators Syndicate
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Basel III Endgame Not Likely the End of the Regulatory Capital Revisions | FinRegRag
- | Financial Markets Financial Markets
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Market Discipline First Requires Policy Discipline | Discourse
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You Might Stop Banking Crises and Bailouts, but Not Bank Failures | The Hill
- | Financial Markets Financial Markets
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Gold Is No Longer a Good Hedge Against Bad Times | Bloomberg Opinion
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Bank of America, the FBI, and the Question of Financial Privacy (Part 4) | FinRegRag
- | Financial Markets Financial Markets
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Bank of America, the FBI, and the Question of Financial Privacy (Part 3) | FinRegRag
- | Financial Markets Financial Markets
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Some Questions for Chair Powell | FinRegRag
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