State regulators just set energy efficiency standards for new TVs, but the Consumer Electronics Association isn't happy about. It should be. If past is prologue, this new regulation will drive innovation in the form of exciting new technologies that can be adapted for other products. Read More
As part of the ongoing reconfiguring and reregulating of the American financial system, the House Financial Services Committee today will take up an amendment that seeks to audit Federal Reserve monetary policy. As so many things are backward in Congress, the vote today is actually a vote on a proposal to retain a ban on audits of Fed interest rate decisions. If it is voted down, then the Ron Paul bill to audit monetary policy could see the light of day. Read More
Posted By:William Dunkelberg, Chairman, Liberty Bell Bank CNBC Guest Blog
At a Treasury conference on jobs, Secretary Geithner railed against banks for not making enough loans, thus (his conclusion) hindering job growth, writes William Dunkelberg, Economics Professor at Temple University. Read More
Last night I spoke with one of the Senate’s brightest lights — Sen. Tom Coburn (R., Okla.), who also happens to be one of only two physicians in the chamber. Read More
President Obama took his declining dollar to the Asia-Pacific economic conference, and he added to it a declinist opinion of America’s economy. His big message? Don’t count on American consumers to lead the world from recession to recovery and beyond. His second big message? In the U.S., we must save more and spend less. Read More
In U.S. President Barack Obama's speech to Asia-Pacific leaders at the APEC Summit in Singapore over the weekend, he highlighted the importance of a strong China economy in the context of global growth. Read More