Your Daily Scan of the New Global Economy

Day

May 15, 2019
CEI Comments on CFPB Payday Loan Rule View Full Document as PDF Introduction On behalf of the Competitive Enterprise Institute (“CEI”), I am pleased to provide the following comment letter on the Bureau of Consumer Financial Protection’s (“Bureau” or “CFPB”) Proposed Rule on Payday, Vehicle Title, and Certain High-Cost Installment Loans (“the proposed rule”). Founded...
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FAA insists 'all tools' being used to ensure safety of Boeing 737 MAX The Federal Aviation Administration has been facing questions about the certification process for Boeing’s 737 MAX fleet, as the planes remain grounded across the globe. Also in the show: Donald Trump mulls a further crackdown on Huawei, and the supply chain for...
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Don Jr. Headed for the Senate Don Jr. Agrees to Testify as McConnell Struggles to Wrangle the GOP Free Access to the American Disruption Summit Study: News is Less Fact-Based Than it’s Ever Been Hackers Sabotage Baltimore’s Real Estate Industry Don Jr. Agrees to Testify McConnell Struggles to Wrangle the GOP The president’s eldest jar...
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CEI Joins Coalition Letter Opposing Revival of Expired Tax Extenders View Full Document as PDF Dear Speaker Pelosi, Leader McConnell, Leader McCarthy, and Leader Schumer, Over 16 months ago, a package of temporary business tax breaks known as “tax extenders” were allowed to expire. On behalf of our organizations and the broader public interest, we...
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Taiwan's Growing Political Turbulence Creates a Problem for Washington Ted Galen Carpenter U.S. policy goals over the decades since President Richard Nixon initiated a rapprochement with the People’s Republic of China (PRC) have been quite consistent. Officials in various administrations, conservative and liberal, Republican and Democrat, have sought to preserve the status quo between Taiwan...
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The Illinois House of Representatives voted to require companies based in Illinois to include at least one female and one African American on the board of directors. If the bill becomes law Illinois companies will be fined $300,000 if they don’t comply. I’m sure they hope this will correct some kind of historic injustice. But...
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Let’s Think at a Higher Level One of the distinguishing characteristics between libertarians and non-libertarians is with respect to the welfare-warfare state way of life. Libertarians are committed to dismantling, repealing, abolishing, or ending it, while conservatives and progressives are committed to maintaining its existence and simply reforming it. One of the most remarkable achievements...
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Monet masterpiece knocked down for record $111 million A canvas from the series known as “Haystacks” by the French painter Claude Monet has been sold at auction in New York for $110.7 million, a record for a work by the artist. Posted: May 15, 2019 2:34 pm by RFI
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The Folly of Protectionist Tariffs Michael D. Tanner Conventional wisdom holds that it is the “elites” who are opposed to President Trump’s protectionist policies, including his recent ramp-up of tariffs on Chinese goods, and it is true, insofar as support for free trade increases with education and income. But the reality is that poor and...
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Will the Trump administration abort Iran’s land bridge to the Mediterranean? As tensions between the United States and Iran are at their height in the Gulf region, there are talks about Iran pushing for the opening of al-Bukamal crossing between Syria and Iraq. Posted: May 15, 2019 12:56 pm
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