Republican Sen. Lindsey Graham, the malleable South Carolinian, says the time has come for “a dialogue about how we can finally begin to address the debt.” Finally the time is at last ripe. Which means a Democratic administration approaches.

Hoover Institution fellow John Taylor discusses the exodus of tech companies out of Silicon Valley due to high costs, strict regulations, and the rise of remote work. 

The U.S. Treasury market’s brush with disaster in March has reawakened calls to overhaul the underpinnings of the almost-$21 trillion cornerstone of the global economy and ease pressure on the Federal Reserve to step in with massive lifelines.

As the Wall Street Journal reported and I tweeted yesterday, Senators Chuck Schumer and Patrick Toomey made important news when they agreed that with the new Coronavirus relief legislation, “the $429 billion would be revoked and the Fed wouldn’t be able to replicate identical emergency lending programs next year without congressional approval”