Highlights President Biden blocked Nippon Steel's $14.9 billion acquisition of U.S. Steel, overriding advice from national security advisers and citing national security concerns after a year-long CFIUS review failed to reach consensus. The decision prioritized the political agenda of union…
Read moreHighlights Nongovernmental organizations (NGOs) can provide technical insight to policymakers, but their influence can blur the line between advisory support and unaccountable rulemaking. In a new report, The Buckeye Institute, a nonpartisan think-tank based in Ohio, highlights how organizations like…
Read moreHighlights Congress may enact the Social Security Fairness Act, which would repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) under Social Security. These provisions, WEP/GPO, prevent the payment of retirement benefits to workers covered under other…
Read moreA recent court ruling awarded $345 million in legal fees to plaintiff attorneys, the latest example of the pernicious effects of excessive litigation. The incoming Trump administration should prioritize reducing the economic burden of excessive litigation, which functions as a…
Read moreHighlights: The National Association of Insurance Commissioners (NAIC) is lobbying Congress to extend temporary COVID-era premium tax credits, prioritizing increased insurance enrollment over economic sustainability. Extending these subsidies perpetuates market distortions, federal dependency, and inflation risks while masking the root…
Read moreThe Congressional Review Act (CRA) is a tool for Congress to nullify executive agency rulemaking. The Biden administration has already embarked on a $1.8 trillion regulatory expansion, a small portion of which could be vulnerable to disapproval under the CRA.…
Read moreHighlights With an incoming unified government, Congress is likely to consider legislation under the budget reconciliation process. This process can be used to overcome the Senate filibuster for budget-related legislation. Consistent with recent practice, Congress can use this process twice…
Read moreHighlights: The expiration of the TCJA will be the most significant policy debate on Capitol Hill next year. However, before Congress and the incoming Trump administration can meaningfully engage in the tax reform debate, it will confront a series of…
Read moreAs the Environmental Protection Agency (EPA) continues to implement the Toxic Substances Control Act (TSCA), a new court ruling continues to demonstrate the dangers of a law that has the ability to effectively ban the safe production and use of…
Read moreHighlights More than half of American households are invested in mutual funds, including passively managed index funds. Index funds have exploded in popularity: as of 2023 total assets in long-term funds stood at $27.6 trillion, of which 48 percent was…
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