Peter Wallison is a fellow at the American Enterprise Institute, where he focuses on financial policy and regulation. He previously served as White House Counsel under President Reagan. He contributed to The Weekly Standard in 2012, writing on financial regulation and the legacy of the 2008 financial crisis.
Despite—or because of?—continuing bad economic news, President Obama has doubled down on the argument that Mitt Romney and the Republicans will take the country back to “the failed policies that got us into this mess.” His argument is simple: While his policies haven’t (yet) worked, Romney’s (like…
All the Republican presidential candidates have called for repeal of the Dodd-Frank Act. Foreign governments are sending delegations to Washington to complain about the act’s Volcker Rule. Eighteen months after the legislation was signed into law, the president had to make a clearly…