Tag

Deregulation

All articles tagged with #deregulation

Greenspan's Fed Era: Prosperity, Crises, and a Debated Legacy
obituaries2 months ago

Greenspan's Fed Era: Prosperity, Crises, and a Debated Legacy

Alan Greenspan, who led the Federal Reserve from 1987 to 2006 through periods of rapid growth and financial upheaval, died at 100 from Parkinson’s complications. He was credited with keeping inflation low and guiding a market-friendly era, but his tenure drew sharp criticism for deregulation and for contributing to conditions that culminated in the 2008 crisis, leaving a legacy that remains hotly debated across political lines.

Alan Greenspan, Architect of the Fed Era, Dies at 100
business2 months ago

Alan Greenspan, Architect of the Fed Era, Dies at 100

Alan Greenspan, the longtime Fed chair who steered U.S. monetary policy through the 1990s boom and into the 2000s, died at 100 from complications of Parkinson’s disease. His tenure saw a lengthy economic expansion and the rise of globalization, earning him both praise as a “maestro” and criticism for deregulation critics say helped set the stage for the 2007–08 financial crisis. The obituary notes his influence across multiple administrations, his post-Fed consulting work, and honors he received.

Barr Warns Deregulation Could Undermine Banking Stability
business2 months ago

Barr Warns Deregulation Could Undermine Banking Stability

Governor Barr argues in a speech that recent deregulation of bank capital, liquidity, and supervision threatens financial stability by increasing long-run risk, despite short-term gains. He urges maintaining strong capital, liquidity, and consumer protections to prevent crises, emphasizing bank–nonbank interconnections and the danger of a 'race to the bottom.'

Trump Reverses Biden Refrigerant Rules, Promising Lower Costs for Consumers
politics3 months ago

Trump Reverses Biden Refrigerant Rules, Promising Lower Costs for Consumers

According to the White House, President Trump is reversing Biden-era refrigerant rules by extending hydrofluorocarbon deadlines and adjusting a large-scale leak-repair rule, asserting these changes will lower costs for transporting and storing refrigerated goods, reduce grocery prices, and protect American jobs. The administration cites savings of up to $1.5 billion for refrigerated transporters and more than $900 million at supermarkets, plus broader deregulation benefits totaling over $1.2 trillion across its agenda.

Rethinking the Skies: Why Airline Crises Require Public-Utility Regulation
policy3 months ago

Rethinking the Skies: Why Airline Crises Require Public-Utility Regulation

Spirit’s collapse exposes how a deregulated, highly concentrated airline industry relies on mergers and bailouts rather than competitive resilience. The piece argues the fix isn't more mergers or rescues but a structural shift: nationalization, a public option, regulated competition, or partial regulation to ensure stable, nationwide service and prevent fragile, monopoly- or duopoly-driven outages.

Trump rollback lawsuit highlights decades of US climate policy
world5 months ago

Trump rollback lawsuit highlights decades of US climate policy

Health and environmental groups are suing the EPA to challenge Trump's removal of the 2009 endangerment finding, which tied greenhouse gases to public health risks and underpinned major climate rules. The suit argues the rollback will increase pollution, costs, and avoidable deaths, while the piece also outlines how U.S. leaders from Nixon to Biden have alternately tightened or loosened environmental protections with global consequences.

Trump Admin Repeals Obama Endangerment Finding, Launches Historic Deregulation Push
politics6 months ago

Trump Admin Repeals Obama Endangerment Finding, Launches Historic Deregulation Push

The Trump administration announces the repeal of the Obama-era Endangerment Finding, removing EPA greenhouse-gas regulations and EV mandates, in what is described as the largest deregulation action in U.S. history. Supporters say it will lower prices, expand consumer choice, and boost energy independence, citing estimated savings of over $1 trillion and about $2,400 saved per new vehicle.

policy7 months ago

Treasury's banking-rule reset aims to unleash lending but fuels regulatory concerns

Treasury Secretary Scott Bessent is pushing a 'fundamental reset' of post-crisis banking rules, coordinating with independent regulators to loosen oversight, push digital assets into the banking system, and reduce costs for megabanks. Supporters say the approach could boost growth and lending, while critics like Sen. Elizabeth Warren warn it risks stability by subordinating risk management to Wall Street. Regulators stress they will balance growth with safety, but the unusually close Treasury involvement signals a centralized push on financial regulation.

Deregulation as a Growth Engine: How Supply-Side Reforms Shape Monetary Policy
economics7 months ago

Deregulation as a Growth Engine: How Supply-Side Reforms Shape Monetary Policy

Governor Miran argues that targeted deregulation expands the economy’s supply potential and boosts productivity, improving the transmission of monetary policy. Citing Greece’s crisis-era reforms and the US deregulation push, he suggests lower regulation can justify a more accommodative stance from the ECB and Fed, while acknowledging measurement challenges in gauging regulation’s macro effects and noting new tools indicate a shrinking regulatory burden.