Senator John McCain hit a grand-slam homerun today with an op-ed piece (“Take taxpayers off hook for rot at Fannie, Freddie”) that debunks the federal worship of Fannie Mae and Freddie Mac.   Read More

Media reports painted a pessimistic picture of today’s release on existing home sales. But inside the report was an awful lot of very good new news, which appear to be pointing to a bottom in the housing problem; in fact, maybe the tiniest beginnings of a recovery.    Read More

What follows below is an unofficial transcript of my interview on Kudlow & Company last night with Senate Minority Leader Mitch McConnell.    Read More

Can bad Washington policies sometimes work to the benefit of financial markets? In the short run the answer is certainly yes. Nothing illustrates this point better than the gigantic Fannie-Freddie housing bailout bill that will soon pass Congress and be signed into law by President Bush.    Read More

Treasury man Henry Paulson reassured investors and bank depositors in a speech this morning in New York that the U.S. banking system is okay. Mr. Paulson noted the failure of IndyMac bank, the third largest in history.    Read More

What follows below is an excerpt from my conversation on Kudlow & Company last night with supply-sider Steve Forbes regarding Phil Gramm’s future with the McCain campaign. Mr. Forbes is the president & CEO of Forbes Inc and has advised the campaign on economic policy. Click here for more of my thoughts on this developing story.    Read More

When the Phil Gramm flap broke out about 10 days ago, with his Washington Times interview miscues about a nation of whiners and a mental recession, other McCain economic advisors were quick to lambaste the former Texas senator. Douglas Holtz-Eakin told the PBS "Nightly Business Report" that Gramm is no longer giving advice to McCain or his aides.    Read More

Why does it seem to me that all Washington ever seems to talk about these days is bailouts? Bailout Freddie Mac. Bailout Fannie Mae. Bailout Wall Street. Bailout homeowners. Is it possible in America today that no one is allowed to fail?    Read More

What follows below is an unofficial transcript of my interview on Kudlow & Company last night with former Republican presidential candidate Congressman Ron Paul of Texas. We talked about inflation, bailouts, the Fed's role, Fannie & Freddie and much more. Last night's K&C market panel also joined in the discussion.   Read More

What follows below is an unofficial transcript of my interview on Kudlow & Company last night with Senator Jim Bunning (R-KY). Mr. Bunning is a Republican member of the Senate Banking Committee.    Read More