Executive Director @ForFreeMarkets, Founder and ED @FightExtremism, former @StateDept @USUN. RTs not endorsements.

Joined February 2018
66 Photos and videos
This guy gets it! A commonsense take on interchange from @genemarks 👇 "Requiring the government to clamp down and implement what is in essence another form of price control is not a great precedent. What’s to stop the government from doing this to other businesses?" @ForFreeMarkets
Swipe fees are out of control - as a consumer I've finally hit a wall. Read my new @thehill column: #creditcards #financetips #smallbusinesses thehill.com/opinion/finance/…
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As in the U.S., targeted harrassment and government driven debanking will only increases suspicion and resentment of state authorities. Odd tact to take if the goal is to make people LESS extreme and supportive of anti-government movements, no? @EconWithNick
“If [extremists] are consumed with talking to their bank about their mortgage, they have less time to organise the next attack or the next kneecapping. You reduce the time they have for dangerous activities by increasing the time they need just to manage their private lives. “Strategies like this recognise that while you cannot entirely eradicate the problem overnight, you can severely reduce its scale and weed out the deeply ideologically committed from those who simply get involved for social or financial reasons.” —Dr Hans-Jakob Schindler @CEPschindler talks to @thetimes about the strategies used to undermine the IRA. thetimes.com/uk/crime/articl…
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Top piece I've read explaining the issue in detail...tremendous work by @RichardMorrison
For years, vague "reputational risk" concerns let regulators coerce banks into cutting off lawful customers. Now, @federalreserve, @FDICgov & @USOCC have moved to scrap it entirely – a win whose implications reach far beyond bank audits. Read @RichardMorrison's latest in @NRO:
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I spent two decades working on security and counterterrorism issues. Reforming the Bank Secrecy Act does not mean ignoring criminal risks. It means modernizing laws to enable law enforcement to more effectively target threats. Check out my latest in @dcexaminer on the broken BSA: washingtonexaminer.com/op-ed…
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Must watch testimony from @EconWithNick on the need for BSA reform....the best in the business!
I'm testifying today. The Bank Secrecy Act has created a financial surveillance regime that violates our privacy, increases the cost of banking, and doesn't stop crime.
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When states try overriding the national banking system, they often risk making things worse. This decision from @USOCC blocking the Illinois interchange fee law protects small businesses & consumers from exactly that outcome @ForFreeMarkets
Trump administration sides with banks in Illinois swipe fee case dlvr.it/TSXgJv
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👇👇 Consumers are about to pay the price for Illinois’ swipe fee law. The state’s Interchange Fee Prohibition Act aims to reduce costs, but will instead shift the costs to consumers, resulting in broader market distortions... Good piece by @leahmlocke realclearmarkets.com/article…
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"The U.S. has no Jones Act-eligible liquefied natural gas tankers serving U.S. domestic routes, leaving regions like New England reliant on imported fuel, including shipments from Trinidad and Tobago, even though abundant domestic supplies are closer." @KR_Bledsoe @AFPhq
My latest w/ @InsideSourcesDC 👇🏻 “Repealing or reforming the Jones Act would not solve every affordability challenge overnight. It would lower costs, strengthen energy security, and make American supply chains more efficient. In an economy where every dollar matters, that’s a practical step Congress should take.” dcjournal.com/counterpoint-a…
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Preventing the denial of banking services was the entire point of this bill. The irony is that passing it would achieve the opposite.
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Even the America First Policy Institute — a policy organization founded by former Trump administration officials — wrote recently, to “end the need for states to develop separate debanking legislation […] it would be far preferable for states to support a fair and uniform federal standard” and avoid a patchwork of inconsistent and conflicting rules.
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🎯from Jessica Ward and @mattiasgugel @NTU South Carolina’s Guarantee Banking Act...may end up hurting the very people lawmakers say they’re trying to help...Abide by federal rules, and risk getting sued under state law. Follow state law, and risk violating federal regulations. It’s a no-win scenario. postandcourier.com/opinion/c…
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