There are direct costs of compliance, and then there are all the indirect costs of a reduction in innovation and dynamism that comes when regulators have the power to run these financial institutions like public utilities.
Toomey highlights the negative impact of regulations on innovation and costs.
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Among the most fundamental aspects of our republic, and a democratic system is to accept the outcome of elections.
I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.
The fact is, across America, every month Americans are falling further and further behind because of President Biden's out-of-control inflation.
I have no doubt that a few years after these projects are completed, transit agencies will come back to Congress pleading for still more subsidies to operate systems that have become far too large for the demand.
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