Backgrounder posted May 1, 2013 by James L. Gattuso, Diane Katz
Red Tape Rising: Regulation in Obama’s First Term
Congress and the White House have been focused for months on the federal budget—rightfully so, given perennial deficits and unsustainable levels of U.S. debt. However, federal spending accounts for only a portion of the burden placed on Americans by the government. Regulations impose huge additional costs, hindering job creation and innovation, while undermining…
Issue Brief posted April 10, 2013 by James L. Gattuso
Breaking Up Big Banks: Right Question, Wrong Answer
Should the federal government break up America’s big banks? Once confined to the populist fringes of policy debate, the idea has developed surprising momentum in recent months, with a number of conservative voices jumping on the bank breakup bandwagon.[1]
Regulators will never allow the biggest banks to fail, supporters say, because of the feared effect of such a…
Testimony posted March 6, 2013 by James L. Gattuso
“REINS Act of 2013”: Promoting Jobs, Growth, and Competitiveness
Testimony before
The Subcommittee on Regulatory Reform, Commercial and Antitrust Law
Committee on the Judiciary
United States House of Representatives
March 5, 2013
Mr. Chairman, Ranking member Cohen, members of the subcommittee: My name is James Gattuso. I am Senior Research Fellow in Regulatory Policy at The Heritage Foundation. Thank you for inviting me to be here…
Issue Brief posted January 30, 2013 by James L. Gattuso
The Consumer Financial Protection Bureau and Its Non-Director: What Now?
It may be back to the beginning for the new Consumer Financial Protection Bureau (CFPB). The agency, under the direction of Richard Cordray, had just built up a full head of steam, releasing some 16 regulations in the past year. But a court decision on January 25 may not only stop this train, but send it back to the station. Such a reversal would be good news for…
Issue Brief posted December 27, 2012 by Diane Katz, James L. Gattuso
The 10 Worst Regulations of 2012
During 2012, virtually every aspect of American life, from caloric intake to dishwasher efficiency, was subjected to government meddling.
Most of these rules increase the cost of living, others hinder job creation, and many erode freedom. Not all regulations are unwarranted, of course, but increasingly, the rules imposed by the government have less to do with health and…
Issue Brief posted November 28, 2012 by Brett D. Schaefer, James L. Gattuso
Resist the Increasing Role of the United Nations in Internet Governance
The International Telecommunication Union (ITU), a United Nations specialized agency, will host the World Conference on International Telecommunications (WCIT) in Dubai, United Arab Emirates, December 3–14. The purpose of this conference is to reach consensus among the 193 ITU member states on updating the 1988 International Telecommunications Regulations (ITRs) governing…
Backgrounder posted November 6, 2012 by James L. Gattuso
Adjusting the Picture: Television Regulation for the 21st Century
Abstract:
Television broadcasting, long subject to uniquely comprehensive regulation, has become economically “normal,” characterized today by competition and innovation. The industry however, is seeing growing conflicts between traditional broadcasters and the newer cable and satellite providers over retransmission rights. Some have urged the FCC to take a more…