Analysis and Commentary by Roosevelt Fellow Mike Konczal

We’re going to hear a lot more from Republicans about how a single, simple 10 percent leverage requirement can replace much of what Dodd-Frank does. This idea is central to the Republican CHOICE Act, and it was also reiterated recently in FDIC Vice-Chairman Thomas Hoenig’s plan for regulatory relief. Hoenig’s plan calls for Congress to remove

It’s impossible to look at any single financial regulation without understanding the problem it is trying to solve and how it would hang together with the rest of the financial regulatory regime. This is why cost-benefit analysis of financial rules isn’t very useful, as any rule depends on all the other rules. It also means

We—Marshall Steinbaum, who has recently joined the Roosevelt Institute as a visiting fellow, and Mike Konczal—have a new working paper out titled Declining Entrepreneurship, Labor Mobility, and Business Dynamism: A Demand-side Approach. We hope you check it out! We think it adds some important evidence on an unfolding debate. Here is a great write-up by Anna Louie Sussman

Donald Trump has received considerable positive attention for his plan to raise taxes on investment firms by ending the much-maligned “carried interest” loophole. It’s one of the clearest things Trump himself has said about his tax plan, with statements like “I want to do something with the Wall Street guys because some of these guys

Today the Roosevelt Institute is launching a new report, Untamed: How to Check Corporate, Financial, and Monopoly Power (pdf), on which I’m a co-editor. It’s launching alongside another big Roosevelt report, Rewrite the Racial Rules: Building an Inclusive American Economy (pdf). You can live stream the launch event here beginning at noon. There’s a lot of fun stuff in Untamed, including a

Props to the House Republicans for releasing their policy platforms for 2017 as if everything is just fine, in the hopes that they’ll influence Donald Trump and the general election. A speech by Jeb Hensarling, the chair of the House Financial Services Committee, today previewed the Financial CHOICE Act, their replacement for Dodd-Frank. (The H in CHOICE

It’s been a roller coaster few weeks for financial reform. First, we finally saw the decision where Judge Rosemary Collyer of the D.C. Federal District Court ruled that regulators couldn’t declare the insurance giant Metlife to be a major financial risk, which would have required stricter regulations. Then yesterday the Federal Reserve and the FDIC

This is a guest post by Roosevelt Institute fellow J.W. Mason, cross-posted from his essential economics blog Slackwire. Last week, the Washington Post ran an article by Jim Tankersley on what would happen if Trump got his way and the US imposed steep tariffs on goods from Mexico and China. I ended up as the

Bernie Sanders gave some fairly normal answers on financial reform to the New York Daily News editorial board. Someone sent it to me, and as I read it I thought, “Yes, these are answers I’d expect for how Sanders approaches financial reform.” You wouldn’t know that from the coverage of it, which has argued that the

It’s worth taking a break from watching the implosion of the Republican Party to pay attention to intra-Democratic fighting. Liberal economics has had a pretty great run in the 2016 primary, and I’m optimistic about its chances going forward. I’m even more optimistic after reading this thrown-together op-ed from Jon Cowan, president of the centrist