March 16- A draft bill to remake the nation's $10 trillion mortgage market and wind down government-run companies Fannie Mae and Freddie Mac, the two housing finance giants that were bailed out by taxpayers in 2008, was released by two leading senators on Sunday.» Read More
A financial regulatory reform bill is needed to prevent taxpayers from having to bail out "too big to fail" investment banks in the future, Austan Goolsbee, chief economist of the White House Counsel on Economic Advisors, told CNBC Tuesday.
The head of the Federal Deposit Insurance Corp. said Monday that the U.S. needs better lending standards to avoid a recurrence of the 2008 financial crisis.
Jeffrey Miron's sabbatical at the National Bureau of Economic Research in Cambridge, Mass. in the second half of the 1980s didn't turn out the way he expected. He gradually abandoned macroeconomics to focus on drug policy and economics in crime.
If you are a legal medical marijuana patient on the East Coast, getting your hands on your medicine could be a matter of life or death.
In most states the legalization of marijuana is not even on the horizon. In some cases, there is a long history of conservative thinking or politicians are vehemently opposed to drug use. Call it cannabis non gratis.
Employers who operate in the 14 states where pot is now legal as a prescription painkiller are struggling to reconcile zero-tolerance drug policies with a patient’s right to get high.
The pro-pot lobby is basically like any other: PACs and big-name contributors, and meetings at The Capitol, even the White House. It's the new Norml, so to speak. And the new message? It's the economy, dude.
The war on drugs has always been expensive and its effectiveness debatable, but in the current budget-crunch environment, it's more of a target than ever. Proponents of legalization say billions of dollars could be saved in law enforcement costs. Opponents say the fight is working and worth it.
We learned a valuable lesson with alcohol prohibition in this country. Prohibition created black markets and violence as gangs fought to control the market. The same thing is true today.
Marijuana laws differ drastically state-to-state. Alaska, California, Colorado, Hawaii, New Mexico and Oregon are the most lenient, but Maine, Massachusetts and Rhode Island are catching up.
My feelings concerning the use of marijuana as a recreational drug have gone back and forth over the years. We should examine the question of legalization with a new national commission.
It’s a myth that cops, supposedly reflecting the will of an increasingly enlightened society, are no longer enforcing pot laws, or doing so only half-heartedly. Legalization will free police officers to concentrate on crimes that inflict the deepest fear, pain and loss.
The case against licensed marijuana grower Chris Bartkowicz in Colorado epitomizes many of the contradictions and much of the confusion surrounding the enforcement of marijuana laws these days.
Various constituencies within the American Bar Association have discussed following the lead of one county bar association in Washington state, whose position is states should have authority over marijuana law.
Even with the U.S. economy struggling, we should not buy into the argument that vices should be legalized, taxed and regulated—no matter how much revenue we think it may generate. Significant cost burdens come with increased marijuana use.
One senator discusses the evolution of the state's thinking, from medical marijuana to decriminalization to even limited tax-and-regulate legalization.
The current approach skews the priorities of law enforcement to the detriment of the public. It keeps our prisons full to bursting at great expense and endangers the public by letting out the real criminals to make room for non-violent drug offenders.
Using Marijuana Will Remain A Bad Career Move
No matter what happens with the securities-fraud case against Goldman Sachs , the firm needs to concentrate on shoring up its tarnished image, two experts told CNBC.
U.S. Attorney announces charges against former Societe Generale trader Samarth Agrawal for stealing company information.