Banking & Financial ServicesF

The Student Loan Bubble Looks like “Déjà Vu”

Higher education is following the same pattern that housing did in the lead up to the 2008 financial crisis. Just like in housing during the previous decade, a student lending “bubble” is now being inflated by heavy federal interventions that could have severe unintended consequences.

Banking & Financial Services Legislative Alerts

The Durbin Amendment Turns Three

May 15, 2013 J

Jason Hughey Monday marked the three-year anniversary of the Senate’s passage of the Durbin Amendment as an attachment to the Dodd-Frank Act of 2010.  The amendment prevented banks from charging more than 24 cents per debit card transaction.  Before Durbin, banks were charging roughly 44 cents per debit card transaction.  In the aftermath of the [...]

Mel Watt’s FHFA Appointment and Principal Reduction

May 10, 2013 J

Jason Hughey Last week, President Obama appointed Congressman Mel Watt from North Carolina to be the new director of the Federal Housing Finance Agency (FHFA).  If Congress confirms Watt’s appointment, he will replace FHFA’s acting director, Ed DeMarco.  This is a major development for federal housing policy because Watt will likely reverse DeMarco’s stance against [...]

Join Our Fight

The road to economic freedom starts here.
Join a network of AFP activists in important issue battles across the country, get the inside scoop with breaking news updates and policy alerts, and be the first to hear about special events near your home.  Help us fight for a better tomorrow.  Together, we can work for lower taxes, less government spending, and greater economic freedom for everyone.

Your Information

[contact-form-7 id="544" title="Subscribe"] ×
*/?> Rocket Fuel