The Beginning of the End?
The news yesterday that the U.S. Federal Reserve raised the discount rate 25 basis points (to 0.75 percent from 0.50 percent) is being interpreted as an indication of a fundamental change in how the...
View ArticleFinancial Regulation Is Good — But Consumer Financial Protection Is Better
Paul Volcker, vanquisher of inflation in the early ’80s as chairman of the Federal Reserve System and now the chairman of President Obama’s Economic Recovery Advisory Board, said, “[T]he most important...
View ArticleNY Lost at the Oscars Last Night
“So did you watch the Oscars last night?” You probably heard that question at least 20 times around the water cooler this morning, and followed it up debating the merits of Avatar vs. The Hurt Locker...
View ArticleFCC Can Win a Supporting Role Nod on Broadcast TV Fees
So I wasn’t the only one who thought the FCC dropped the ball in its dealing with the carriage fee kerfuffle over the weekend—some of the nation’s largest cable and broadcast companies have sent a...
View ArticleThe Dodd Plan Is Good — But It Can Be Made Better
Sen. Chris Dodd (D-CT), looking for a capstone to his 30-year career in the Senate, unveiled his vision for financial regulatory reform this week. The chairman of the Senate Banking Committee has long...
View ArticleBipartisanship Is Dead – Long Live Bipartisanship!
Republicans have been gnashing their teeth and rending their garments, lamenting the landmark passage of health care reform late Sunday night. The Tea Party wing of the party has been vowing that this...
View ArticleOoh, They Have the Internet on Computers Now
Tom Tauke, chief lobbyist at Verizon, spoke yesterday in a speech designed to take a fresh start on governance of the Internet. His comments got some coverage as challenging the Federal Communication...
View ArticleFrum Flung from Fox-Run GOP
I’m not a political strategy guy. The only time I ever ran for office (class president, sixth grade) I came in third. But I was surprised at some of the response I got from my piece highlighting some...
View ArticlePartisanship Uncorked
A little over a week ago, I praised Sen. Bob Corker (R-TN) for working with Sen. Mark Warner (D-VA) to come up with some bipartisan improvements to the financial regulatory reform package that Senate...
View ArticleWill the FCC Go Nuclear?
The D.C. Circuit Court ruled yesterday (PDF) that the Federal Communications Commission (FCC) doesn’t have authority over the Internet. Back in 2007, Comcast was filtering the Internet connections of...
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