I hope we will keep in mind what seems to me an absence of empirical evidence that suggests that a floating NAV would solve a problem here and the fact that very substantial measures have already been taken.
Toomey questions the effectiveness of floating NAV for money market funds.
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I think you have said that you think we still, nevertheless, need to have some kind of outbound investment review mechanism, even though you have just said we already have the authorities to prevent any kind of technology transfer.
President Biden would make this shortfall worse by suspending the Federal gas tax for 3 months.
Democrats' wasteful spending, growth-killing regulation and excessively accommodative monetary policy are exactly what led to 40-year high inflation.
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