All Commentary
Friday, July 16, 2010

Financial Regulation Bill Moves to Obama’s Desk


“Congress approved a sweeping expansion of federal financial regulation on Thursday, reflecting a renewed mistrust of financial markets after decades in which Washington stood back from Wall Street with wide-eyed admiration.” (New York Times, Friday)

As one of its sponsors says, no one knows how it will work until it’s in place.

FEE Timely Classic
“Free-Marketeers Should Welcome Regulation? It Just Ain’t So” by Peter Lewin