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The pervasive federal regulation of banking only served to drive many banks out of business altogether.
Economy

Dodd-Frank regulatory overreaction

Peter Ferrara -
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The Supreme Court unanimously overturned a ruling against New York merchants that wanted to charge customers for using credit cards and sent the case back for the court to determine if the state law violates the store owners' First Amendment rights. (AP Photo/Elaine Thompson, file)
Business

Supreme Court orders new look at New York’s ban against credit card surcharges

Ryan Lovelace -
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U.S. household debt jumped in the fourth quarter of 2016, the Federal Reserve Bank of New York reported Thursday. (iStock Photo)
Economy

Soaring household debt nears the 2008 peak

Joseph Lawler -
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Visa set up technical requirements for new chip card readers that interfered with merchants' ability to decide which network to use. (AP Photo/Matt Rourke)
Op-Eds

The Fed and FTC strike a blow for competition

Lyle Beckwith -
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The Federal Reserve has restricted Wells Fargo's growth until the bank improves corporate oversight and risk management.
News

New Wells Fargo CEO: ‘Expect more tough headlines’

Anna Giaritelli -
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Unfortunately, it seems unlikely card brands will rise to the occasion and do the right thing by arming consumers with better payment technologies like chip and PIN. (AP Photo/David Goldman, File)
Business

Credit card fraud still threatens Americans

Mark Horwedel -
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Federal prosecutors consider opening investigation into fake customer accounts. (AP Photo/Ben Margot, File)
Economy

More trouble for Wells Fargo

Joseph Lawler -
0
Committee Chairman Jeb Hensarling, of Texas, said the measure was meant to substitute
Economy

GOP’s Dodd-Frank replacement clears House panel

Joseph Lawler -
0
Employees opened up to 2 million credit, debit accounts without authorization to meet sales goals, feds say. (AP Photo/Ben Margot, File)
Economy

Wells Fargo fined $100 million for illegally creating accounts to soak customers

Joseph Lawler -
0
The measure in question would repeal the
Economy

Walmart, Kroger, Home Depot warn House GOP on banking bill

Joseph Lawler -
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