Caitlin Long on Why Politics Should Stay Out of Banking
The founder of Custodia Bank discusses the future of bitcoin and banking.
Banking
Progressives and Populist Republicans Are Coming for Your Credit Card Rewards
New legislation would intervene in the credit card market to help businesses like Target and Walmart, who don't like the fees they have to pay to accept credit card payments.
The Southern Poverty Law Center Makes Millions Trafficking Hate
The Center has gotten rich in part thanks to its "hate map," which smears many good people.
She's Suing the Fed To Open a Rothbardian Bitcoin Bank
Caitlin Long's Custodia Bank will hold 108 percent of customer funds on deposit...if the Federal Reserve will allow it to open.
Bitcoin's Greatest Test
The FTX meltdown, "Operation Chokepoint 2.0," and a "crypto winter" have only strengthened the resolve of the enthusiasts Reason spoke with at the annual National Bitcoin Conference in Miami.
The Government Wants To Cap Credit Card Late Fees. It Will Hurt the Poor.
Delayed payments will increase, and companies will respond by raising interest rates—or denying low-income applicants outright.
Regulators Seize First Republic Bank and Sell It to JPMorgan Chase
Plus: Twitter complies with a greater portion of government censorship requests, a judge allows an antitrust suit against Google to go forward, and more...
Unlock the Cannabis Industry for Financial Institutions
Financial institutions have been locked out of the cannabis industry because of a surveillance regime that appears to have done little to stop real criminals.
The Federal Reserve Was Supposed To Ease Economic Instability. Instead, It's Made It Worse.
A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.
Debate: Bitcoin Is the Future of Free Exchange
Where am I supposed to spend my cryptocurrency?
Apocalypse Tomorrow: Trump's Looming Indictment
Plus: the terrible case for pausing A.I. innovation
Nobel Prize–Winning Economist: Democrats Are Committed 'To Spending Other People's Money'
Vernon Smith weighs in on Biden's budget, how government causes inflation, and why bailing out Silicon Valley Bank was a bad idea.
Balaji's Bet: Bitcoin Hits $1 Million in 90 Days. Live With Balaji Srinivasan, Lawrence White, and Zach Weissmueller
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion about bank runs, the Fed, and bitcoin.
Sex-Trafficking Suits Against Banks That Serviced Epstein Can Proceed
Plus: American IQs may be shifting, Jack Daniel's lawsuit against dog toy maker hits SCOTUS, and more...
Of Course, the Trump Indictment Is Political
Plus: A listener asks the editors if the nation is indeed unraveling or if she is just one of "The Olds" now.
New Regulations Won't Stop the Next Bank Collapse
Plus: Another campus free speech debacle, foreign cheese groups lose Gruyere trademark case, and more...
Blame the Government for the New Banking Crisis? Live With Lyn Alden, Arnold Kling and Zach Weissmueller
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion of the Silicon Valley Bank meltdown and bailout of depositors with economist Arnold Kling.
Yes, There Are Libertarians During Bank Runs
Plus: The editors recommend the best books for sparking interest in free market principles.
How the Fed Broke Silicon Valley Bank
The Fed's anti-inflation measures had to hurt someone.
Everyone Is Learning the Wrong Lessons From the Silicon Valley Bank Collapse
Plus: Fox News troubles, junk statistics about illicit economies, and more...
America Needs a Better Kind of Capitalism
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
Banks Increasingly Back Political Scheme To Track Gun Purchases by Credit Card
Politicians lean on the financial industry to target activities they don’t like.
The SEC Is Starting a Massive Database of Every Stock Trade
Brokers will have to report every trade and the trader’s personal information.
After Repeatedly Opposing Marijuana Banking Reform, Cory Booker Says It Is Urgently Needed
The senator bemoans the "cannabis crisis" he helped maintain by blocking the SAFE Banking Act.
Supreme Court Declines Case Challenging Excessive IRS Penalties
Should an elderly grandmother be forced to hand over millions of dollars to the government for failing to file a particular form?
Arizona-Led Effort Spies on Americans' Financial Transactions
Thousands of local, state, and federal law-enforcers have access to sensitive financial data.
Rand Paul Complains That Democrats Squandered Their Opportunity To Enact Marijuana Reforms
The prospects in the next session, when Republicans will control the House, are iffy.
Why Take Responsibility When You Can Blame Somebody Else?
The year’s highlights in buck passing feature petulant politicians, brazen bureaucrats, careless cops, loony lawyers, and junky journalists.
The Failure To Enact Marijuana Banking and Crack Sentencing Reforms Is a Window on Congressional Dysfunction
Although both bills have broad bipartisan support, they never got a vote in the Senate and were excluded from the omnibus spending bill.
Chuck Schumer Scrambles To Save the Marijuana Banking Bill He Blocked Last Year
The Senate majority leader is suddenly keen to pass legislation that he portrayed as a threat to broader reform.
Elizabeth Warren's Crypto Bill Targets Financial Freedom, Not Fraud
Senator Warren wants to extend the financial surveillance state cooked up by drug warriors and anti-terrorism fearmongers to cryptocurrencies.
Did Sam Bankman-Fried's Millions Buy the Media's Loyalty?
The mainstream coverage of SBF and FTX is more than a little blasé.
FTX Meltdown and the Future of Crypto: Live With Kraken Co-Founder Jesse Powell
The co-founder of the crypto exchange Kraken will join Reason's livestream Thursday at 1 p.m. Eastern to discuss the downfall of Sam Bankman-Fried and his company, FTX.
Will Congress Manage To Pass Marijuana Reform During the Lame-Duck Session?
Legalization is unlikely in the foreseeable future, but banking reform and expungement could be feasible.
The 'Experts' Were Never Going To Fix Inflation
The idea that the Fed has the knowledge necessary to control the economy with perfectly calibrated policies was always an illusion.
Consumer Financial Protection Bureau
Why the Consumer Financial Protection Bureau's Funding Structure Is Unconstitutional
The Fifth Circuit Court of Appeals is right to notice that the CFPB is unique even among federal agencies that don't get their funding from Congress.
Gavin Newsom Vetoed California Crypto Regulations—and Invited Even Worse Federal Intervention
Any new rules for the crypto market should protect entrepreneurs and investors from overzealous intervention, not subject them to it.
PayPal Says It Won't Fine Users $2,500 for Misinformation, but It Will Fine Them for 'Intolerance'
"Sounds like a good reason to think twice about using PayPal," writes Eugene Volokh.
Biden Declares War on 'Junk Fees,' but There's (Thankfully) Not Much He Can Do About Them
Plus: Lessons from the recovered memory movement, Texas fights to keep young adults from owning handguns, and more...
The U.K.'s New 'Free Market' Prime Minister Is Fighting Inflation With Price Controls
This fiscal irresponsibility throws gasoline on the country's already raging inflation fire.
New Gun Store Tracking Code Deputizes Private Firms To Do Government's Bidding
Politicians bypass hard legislative work and constitutional protections to target activities they don’t like.
New Loan Program for Black, Latino Neighborhoods Isn't 'Explicitly Racist'
But Bank of America's Community Affordable Loan Solution program will likely be a gentrification accelerating machine.
This Grandmother Didn't Submit the Proper Banking Form. Now the IRS Wants $2.1 Million From Her.
She’s asking the Supreme Court to consider whether this seizure is an excessive fine under the Eighth Amendment.
How Many People Have To Be Assaulted or Killed Before Chuck Schumer Stops Resisting Marijuana Banking Reform?
The Senate majority leader has repeatedly blocked a bill that would address the robbery threat to state-licensed pot shops.
Marijuana Banking Legalization Gets Scrapped Again
Members of Congress keep saying they want to allow state-legal pot businesses to have access to the banking system, but they keep refusing to actually do it.
Avik Roy: America Would Be Better Off If Bitcoin Became the World's Reserve Currency.
It would force us to "live within our means," says the president of the Foundation for Research on Equal Opportunity.
Fed Report Shows Who's Actually Using Crypto and How
Millions of lower-income or unbanked people are more likely to use cryptocurrency as a payment method.