Editor’s Pick

Clark Packard and Alfredo Carrillo Obregon On February 20, the Supreme Court correctly struck down President Trump’s tariffs invoked pursuant to the International Emergency Economic Powers Act (IEEPA). The administration’s response…

Norbert Michel and Christian Kruse Recently, three members of the House Financial Services Committee—Chairman Hill, Rep. Loudermilk, and Rep. Wagner—sent a letter to Securities and Exchange Commission (SEC) Chairman Paul…

Jai Kedia The interest on reserves (IOR) framework, adopted by the Fed in the aftermath of the 2008 recession, is among the most dangerous of its “unconventional” modern monetary policy…

Scott Lincicome On February 20, 2026, the Supreme Court issued a landmark 6–3 ruling in Learning Resources, Inc. v. Trump, namely that the International Emergency Economic Powers Act does not authorize the…

Neal McCluskey Late last Friday afternoon, the US Court of Appeals for the Fifth Circuit overturned an injunction against a Louisiana law requiring that public schools post copies of the…

Michael F. Cannon I surprised a reporter recently. She asked what policymakers can do to make long-term care more affordable. I imagine she was expecting a health policy answer; maybe…

Dominik Lett The R Street Institute asked several leading budget experts the following question: “What is the most important federal budget process reform that would achieve a more sustainable fiscal…

Romina Boccia The R Street Institute asked several leading budget experts the following question: “What is the most important federal budget process reform that would achieve a more sustainable fiscal…

Romina Boccia Last week on Capitol Hill, we discussed a risk that is becoming more real every day that Congress delays fixing the debt: fiscal dominance—when rising federal debt pushes…

Mike Fox In the centuries before the Enlightenment, the law had a literal way of crushing the accused. European courts used judicially sanctioned torture to extract confessions, and in colonial…