Financial Markets
Highly and preemptively regulated, financial markets are a sector of the economy where new firms and their products can find it hard to gain a foothold. It’s also one where politicians, regulators, and financial institutions increasingly use their power to change the behavior of individuals and businesses outside the democratic process. Mercatus research shows how to keep the sector competitive and innovative, focused on finance and not on social causes.
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Latest work in Financial Markets
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- | Expert Commentary Expert Commentary
The Adjustments That Made Post-COVID Life Better | DC Journal and InsideSources
- | Regulation Regulation
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Navigating Data Security Challenges: Policy Innovations and Reform Options
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Oral Arguments in NRA v. Vullo | FinRegRag
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Fed Will Pay a ‘Pretty’ Price if They ‘Give up Too Soon' | Fox Business Network
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Granholm’s Silly ‘Bigfooting’ the Consumer Concern | Washington Examiner
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FinRegRant #5: AI and Bank Regulation | FinRegRag
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Banking’s Next Chapter? Remarks on Tokenization and Other Issues | FinRegRag
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Banking’s Next Chapter? Remarks on Tokenization and Other Issues
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- | Expert Commentary Expert Commentary
Avoiding Misuse of Americans’ Financial Records | FinRegRag
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- | Federal Testimonies Federal Testimonies
Avoiding Misuse of Americans’ Financial Records
House Judiciary Committee, Select Subcommittee on the Weaponization of the Federal Government | The Weaponization of the Federal Government
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Jerome Powell Is Fearful of Reigniting Inflation | Fox Business Network
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Not Convinced the Fed Will Cut Rates in June | CNBC
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- | Expert Commentary Expert Commentary
The Fed Should Keep Shrinking Its Balance Sheet | Discourse
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
What We Would Ask Chairman Powell at the Humphrey-Hawkins Hearings | FinRegRag
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- | Expert Commentary Expert Commentary
Is the Bank Secrecy Act Vulnerable to Constitutional Challenge Over Post January 6th Data Collection? | FinRegRag
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- | Expert Commentary Expert Commentary
On National Rifle Association of America v. Vullo Part 1 | FinRegRag’s “FinRegRant”
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- | Expert Commentary Expert Commentary
Bread and Circuses, American Style | Tribune News Service
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Financial Privacy: Limits, Developments, and Ideas for Reform
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- | Expert Commentary Expert Commentary
What Will Credit Cards Default Position Be in the Gun Store MCC Controversy? | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Questions We Would Like To Ask the Fed About Its Role as Lender of Last Resort | FinRegRag
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Adjustments That Made Post-COVID Life Better | DC Journal and InsideSources
- | Regulation Regulation
- | Research Papers Research Papers
Navigating Data Security Challenges: Policy Innovations and Reform Options
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Oral Arguments in NRA v. Vullo | FinRegRag
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Fed Will Pay a ‘Pretty’ Price if They ‘Give up Too Soon' | Fox Business Network
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Granholm’s Silly ‘Bigfooting’ the Consumer Concern | Washington Examiner
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
FinRegRant #5: AI and Bank Regulation | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Banking’s Next Chapter? Remarks on Tokenization and Other Issues | FinRegRag
- | Financial Markets Financial Markets
- | Event Video Event Video
Banking’s Next Chapter? Remarks on Tokenization and Other Issues
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Avoiding Misuse of Americans’ Financial Records | FinRegRag
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Avoiding Misuse of Americans’ Financial Records
House Judiciary Committee, Select Subcommittee on the Weaponization of the Federal Government | The Weaponization of the Federal Government
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Jerome Powell Is Fearful of Reigniting Inflation | Fox Business Network
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Not Convinced the Fed Will Cut Rates in June | CNBC
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Fed Should Keep Shrinking Its Balance Sheet | Discourse
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
What We Would Ask Chairman Powell at the Humphrey-Hawkins Hearings | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Is the Bank Secrecy Act Vulnerable to Constitutional Challenge Over Post January 6th Data Collection? | FinRegRag
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On National Rifle Association of America v. Vullo Part 1 | FinRegRag’s “FinRegRant”
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Bread and Circuses, American Style | Tribune News Service
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Financial Privacy: Limits, Developments, and Ideas for Reform
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- | Expert Commentary Expert Commentary
What Will Credit Cards Default Position Be in the Gun Store MCC Controversy? | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Questions We Would Like To Ask the Fed About Its Role as Lender of Last Resort | FinRegRag
Latest work in Financial Markets
- | Regulation Regulation
- | Research Papers Research Papers
Navigating Data Security Challenges: Policy Innovations and Reform Options
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
POLICY SPOTLIGHT | Fiscal Dominance—What It Is and How It Threatens Inflation Control
- | Financial Markets Financial Markets
- | Research Papers Research Papers
The Role of Inflation-Linked Debt in US Government Finances
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- | Policy Briefs Policy Briefs
POLICY SPOTLIGHT | More Bank Equity Means Less Reliance on Deposit Insurance
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Regulation, CDO Exposures, and Debt Guarantees through the Financial Crisis
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- | Working Papers Working Papers
Administrative Browbeating and Insurance Markets
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- | Policy Briefs Policy Briefs
Should the Securities and Exchange Commission Adopt a Mandatory ESG-Disclosure Framework?
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
A Suggested Mortgage Amortization Structure: Fixed Amortization, Adjustable Principal
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
Did Basel III Regulations Dampen Lending at Large Banks?
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
Does the SEC Have Legal Authority to Adopt Climate-Change Disclosure Rules?
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
Basel III and Excess Reserves: Another Case Study of the Unintended Consequences of Risk-Based Capital Requirements
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- | Policy Briefs Policy Briefs
Large Bank Holding Company Capital Ratios before and after Basel III
- | Regulation Regulation
- | Policy Briefs Policy Briefs
POLICY SPOTLIGHT: Fintech Sandboxes
Promoting Innovation, Encouraging Competition
- | International Freedom and Trade International Freedom and Trade
- | Policy Briefs Policy Briefs
Evaluating the Opportunity for US-UK Financial Services Trade Liberalization
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- | Working Papers Working Papers
Evidence on the Use of Disclosure Documents in Private Securities Offerings to Accredited Investors
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- | Working Papers Working Papers
Abandon the Concept of Accredited Investors in Private Securities Offerings
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- | Working Papers Working Papers
Rise of the "Quants" in Financial Services: Regulation and Crowding Out of Routine Jobs
- | Financial Markets Financial Markets
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On Regulation and Excess Reserves: The Case of Basel III
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Is Dodd-Frank the Biggest Law Ever?
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- | Policy Briefs Policy Briefs
Why Government Shouldn’t Regulate Reputation Risk at Banks
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Fed Will Pay a ‘Pretty’ Price if They ‘Give up Too Soon' | Fox Business Network
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Jerome Powell Is Fearful of Reigniting Inflation | Fox Business Network
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Not Convinced the Fed Will Cut Rates in June | CNBC
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
The Fed Meeting | Bloomberg Daybreak: Asia
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- | TV Appearance TV Appearance
Fed Chair Powell Giving Dovish Comments ‘Would Be a Mistake' | Fox Business Network
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Hoenig Details What To Expect From the Fed Next Week | Fox Business Network
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Fed Seemingly Accepting 3% Inflation as ‘Good Enough for Now,’ Says Fmr. Kansas City Fed President | CNBC
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- | TV Appearance TV Appearance
Fed Is Thinking About the Future ‘A Little More Seriously’ | Fox Business Network
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- | Podcast Appearance Podcast Appearance
What Are “Regulatory Sandboxes” and Will New Mexico Pass Legislation To Allow Them? | Rio Grande Foundation’s “Tipping Point New Mexico”
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- | TV Appearance TV Appearance
The Fed Has ‘A Long Way to Go’, Says Fmr. Kansas City Fed President Thomas Hoenig | CNBC’s “Closing Bell”
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- | Radio Appearance Radio Appearance
FinRegRant Episode 3: The Unholy Trinity | FinRegRag
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Economic Outlook and Risk of Recession | Fox Business Network
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- | TV Appearance TV Appearance
This FOMC Is Very Concerned About Going Too Far | CNBC
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
The Impact of Rising Deficits On the Economy | CNBC’s “The Exchange”
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Rate Hikes Affect Consumer Prices | BBC News
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- | Podcast Appearance Podcast Appearance
How This Spring’s Bank Failures Will Shape Bank Supervision | American Banker’s “Bankshot”
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
It’s a ‘Toss-Up’ Whether the Fed Will Hike Rates Again | CNBC Asia’s “Capital Connection”
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Inflation Will Stay More Elevated Than Some Expect | CNBC
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Biden Admin Scared to Death of Triggering Financial Crisis | Fox Business Network
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
Policy Ideas for Helping Workers and Employers Get the Most Out of the Work They Do | CEI’s “How the World Works”
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Avoiding Misuse of Americans’ Financial Records
House Judiciary Committee, Select Subcommittee on the Weaponization of the Federal Government | The Weaponization of the Federal Government
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Financial Privacy: Limits, Developments, and Ideas for Reform
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Comment on the Proposed Rulemaking on "Regulatory Capital Rule: Large Banking Organizations and Banking Organizations with Significant Trading Activity"
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Basel Risk-Weighted Capital Standards: History of Poor Outcomes
House Subcommittee on Financial Institutions and Monetary Policy | The Tangled Web of Global Governance: How the Biden Administration is Ceding Authority Over American Financial Regulation
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
The Adviser Custody Proposal Exceeds Several Restrictions on the SEC
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Adopting the Proposed Order Competition Rule Would Degrade Equity Markets for Retail Traders
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Revamping and Revitalizing Banking in the 21st Century
House Financial Services Committee
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Principles for Climate-Related Financial Risk Management for Large Financial Institutions
- | Financial Markets Financial Markets
- | State Testimonies State Testimonies
A Universal Sandbox in Missouri Can Promote Innovation and Regulatory Reform
Missouri House Committee on Economic Development
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Testimony on Workforce Management Disclosures and Other SEC Issues
Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets of the Committee on Financial Services
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
ANPR Resolution-Related Resource Requirements for Large Banking Organizations
- | Financial Markets Financial Markets
- | State Testimonies State Testimonies
A Regulatory Sandbox in Ohio Can Promote Innovation and Regulatory Reform
Ohio House Financial Institutions Committee
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
The FDIC Should Restore the OSA or, at Minimum, Solicit Public Views before Regressing to the SARC
Guidelines for Appeals of Material Supervisory Determinations
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Market-Based Solutions Can Build Public Trust in Decentralized Finance
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Recommendations for Advancing US Competitiveness in the Global Digital Asset Sector
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
The FDIC Should Restore the OSA or, at Minimum, Solicit Public Views before Regressing to the SARC
- | Financial Markets Financial Markets
- | State Testimonies State Testimonies
Ohio Should Consider Creating Regulatory Sandboxes
Ohio House Financial Institutions Committee
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Adopting the SEC's Proposed Climate-Change Disclosure Rules Would Be Unwise
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Benefits, Costs, and Design Considerations of a Central Bank Digital Currency
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Adjustments That Made Post-COVID Life Better | DC Journal and InsideSources
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Oral Arguments in NRA v. Vullo | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Granholm’s Silly ‘Bigfooting’ the Consumer Concern | Washington Examiner
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
FinRegRant #5: AI and Bank Regulation | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Banking’s Next Chapter? Remarks on Tokenization and Other Issues | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Avoiding Misuse of Americans’ Financial Records | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Fed Should Keep Shrinking Its Balance Sheet | Discourse
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
What We Would Ask Chairman Powell at the Humphrey-Hawkins Hearings | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Is the Bank Secrecy Act Vulnerable to Constitutional Challenge Over Post January 6th Data Collection? | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
On National Rifle Association of America v. Vullo Part 1 | FinRegRag’s “FinRegRant”
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Bread and Circuses, American Style | Tribune News Service
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
What Will Credit Cards Default Position Be in the Gun Store MCC Controversy? | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Questions We Would Like To Ask the Fed About Its Role as Lender of Last Resort | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Counterpoint: Bidenomics’ Rosy Data vs. the Price of Snickers Bars | DC Journal
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Walking the Federal Reserve’s Policy Tightrope | Discourse
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Dollarization Won’t Solve Argentina’s Fiscal Problems | The Hill
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Costs of Crises Revisited | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Can America Rein in Foreign Pollution Without Paying the Bill? | DC Journal and InsideSources
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
SEC Proposal on Predictive Data Analytics Lacks Statutory Authorization | Columbia Law School’s “Blue Sky Blog”
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary