Photo of the day: Protests Against Extradition Bill Overwhelm Hong Kong Streets

ABOVE: Protesters flooded the streets of Admiralty, where Hong Kong’s legislative council sits, to protest an extradition bill that they say will spell the end to the city’s status as a semi-autonomous region. Hong Kong’s lawmaking body, the legislative council or Legco for short, is considering a bill that many in Hong Kong believe will be a fatal blow to […]

Photo of the Day: Tucson, Ariz., Site of a Globally-watched Trial of Humanitarian Aid Volunteer

This is the U.S. District Court for the district of Southern Arizona, in downtown Tucson, where a criminal trial ended Tuesday with a hung jury on charges brought by the U.S. Border Protection Services against an activist who had left food and water in the parched wilderness north of the U.S.-Mexico border, to help undocumented migrants traversing it. Tucson […]

EPA Announces RIN Reforms, E15 Expansion

The U.S. Environmental Protection Agency unveiled a final rule Friday that gives President Donald Trump what he hopes will be a political boost in the Midwestern corn belt, where many of his supporters live: permission for gasoline retailers to start selling higher blends of ethanol fuel to drivers over the summer months, effective immediately. The agricultural and biofuels industries had […]

U.S. Announces 2nd Round of Financial Aid for Farmers Hit by Trade War

The U.S. Department of Agriculture today announced it would plow $16 billion into financial assistance for farmers to help make up for financial losses from President Donald Trump’s trade tit-for-tat with China. “After China decided to renege on commitments they already made, [Trump] directed me immediately to implement a program,” U.S. Agriculture Secretary Sonny Perdue said Thursday in a […]

The sun is shining on Detroit again

Whether you read travel magazines or just hard news, you have probably heard Detroit is undergoing a resurgence, most of it centered around the Downtown and Midtown areas, at least for now. I have been observing the changes for at least 10 years now. Here are some images taken within the last 6 months. (Be sure and click on some […]

At War Over Who We Are

April 6, 2017 — It was the night of January 30, in front of the U.S. Supreme Court. Bingham Graves, of Knoxville, Tenn., stood outside in the near-freezing Washington, D.C., weather, her head held high, facing the general direction of the U.S. Supreme Court, with the dome of the U.S. Capitol providing a backdrop. She held aloft a home-made […]

SEC Nominee Would Ease Way Into Capital Markets for Mid-sized Firms

    UPDATE 4/5/2017: The nomination of Jay Clayton as Chairman of the Securities and Exchange Commission was approved by the Senate Committee on Banking and Urban Affairs on Tuesday, April 4. The full Senate is expected to vote on the confirmation later in the month.   Jay Clayton, President Donald Trump’s nominee to chair the Securities and Exchange […]

Financial Regulatory Rollback to Be More Slow and Steady, Less Shock and Awe

Rescission of PE Registration Requirement Won’t Happen Anytime Soon President Donald Trump campaigned on a promise to roll back financial regulatory reform, but Republican lawmakers warn not to expect significant changes — if any — to the massive financial regulatory package known as Dodd-Frank before year-end, as the GOP-led Congress sorts out the priorities of its ambitious legislative agenda. […]

A ‘Dr. Evil’ Moment for House Republicans

On January 6, this tweet appeared. Uhhhh, holy shit pic.twitter.com/9rthmnuuEH — Sebastian @SF (@gundamman) January 5, 2017 The top photo is real, although a reasonable person might suspect it was manipulated (or posed?), so striking is the resemblance to the still from the 1997 comedy “Austin Powers,” featuring Mike Myers in one of his two roles, here, Dr. Evil. […]

The horse he rode in on

Below is a letter I sent to The Wall Street Journal editor in chief, Gerard Baker, on Nov. 14, in response to his message about the new format of the newspaper, a kind of Journal Lite, or so he seems to be saying. I’m posting it here just in case he doesn’t read the copy sent to the paper’s […]