Economy & Budget

Fixing what’s broken about payday lending

Given that my company will be affected by the Consumer Financial Protection Bureau’s proposed payday lending rules, we were, perhaps not surprisingly, met with some initial skepticism after announcing our support of them. 

The rules...

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Achieving the American dream for generations to come

When I was sworn in to Congress in April of 2009, we were at the height of the worst economic recession since the Great Depression. Unemployment shot up to 10 percent, median household wealth plummeted by almost 40 percent and nearly five million...

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The death toll rises

It is comforting to believe that when our military veterans return from the battlefields, they are home safe and sound. They have put their lives on the line for our security, and many of them did not make it back alive, but those that did get...

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Grassroots battling establishment on trade at conventions

These are interesting times. Sen. Ted Cruz refused to endorse Donald Trump in the GOP convention. Sen. Bernie Sanders did endorse Hillary Clinton but his supporters tanked Debbie Wasserman Schultz and protested speakers at the Democratic...

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Rio Olympics 2016 disaster: No order. No progress.

The 2016 Olympic Games already stand to go down as one of the greatest Olympic calamities in modern history—and the opening ceremonies are still two weeks away. One of the great mysteries of our time is why global cities still vigorously...

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My trip to Washington

Standing on the lawn in front of the U.S. Capitol building in Washington, D.C., I was taken aback. The Capitol sits on top of a small hill, flanked by buildings housing the offices of elected senators and representatives. Just thinking about the...

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