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The Student-Loan Suspension Is Also Illegal
The Biden administration’s attempt to forgive $400 billion in outstanding student loan debt through administrative fiat has come under richly deserved fire, with its fate now in the hands of the Supreme Court. But an equally unlawful companion giveaway has thus far avoided much controversy. That giveaway, which began under the Trump administration and has…
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America’s Censorship Regime Goes on Trial
Covid-19 Articles
Ernest Ramirez, a car-wash technician in a small, south Texas town, led a simple but fulfilling life with his son, Ernesto Junior. Junior was a “wonderful child, full of smiles.” Ramirez had raised his son alone; he’d never known his own father and sought to provide Junior with the paternal love he had missed. A…
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Regulator, Regulate Thyself!
In the News
Approximately 111.7 million Americans are cyber-attacked each year. More than 80% of all American firms report that they have been successfully hacked, with 43% of those cyber attacks targeting smaller businesses. Those breaches of security grow in frequency, penetration and industry reach with every year that we become more and more dependent upon electronic ways…
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SEC Fines for Flutter and Rio Tinto Are Outside its Jurisdiction
This month the Securities and Exchange Commission announced two settlements that illustrate the agency’s largely unchecked power to shake down companies with astronomical penalties that far exceed statutory limits set by Congress. The broader scandal is that these cases are now routine rather than exceptional. The cases include the SEC’s $15 million settlement with UK-based…
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Liberty Means a Trial by Jury
In the News
When the people of several states presented our Constitution for ratification in 1787, one issue nearly derailed the adoption of the nation’s charter. The Anti-Federalists vehemently objected to the lack of a guarantee for a civil jury in the proposed document. They feared that Congress would be able to undermine or abolish the right altogether.…
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The CFPB Is on Life Support
The Supreme Court in late February granted the Consumer Financial Protection Bureau’s (CFPB) request to review Consumer Financial Protection Bureau v. Community Financial Services Association of America, a constitutional challenge to CFPB’s funding structure. CFPB’s ability to continue functioning was placed in jeopardy by the Fifth Circuit’s decision in the case last October, so eventual Supreme Court review was…
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