Regulators’ Bank Capital Proposals Don’t Go Far Enough To Improve Financial Stability ArticleJan 16, 2024 Regulators’ Bank Capital Proposals Don’t Go Far Enough To Improve Financial Stability While the 2023 bank capital proposals make important improvements to the regulatory framework, new CAP empirical analysis shows that additions to bank equity are modest and must be larger to substantially enhance the stability of the largest banks. Jan 16, 2024 Marc Jarsulic, Lilith Fellowes-Granda
CAP Comments on Regulators’ Proposals To Increase Bank Capital Requirements ArticleDec 14, 2023 CAP Comments on Regulators’ Proposals To Increase Bank Capital Requirements The Center for American Progress submitted a comment letter to the Office of the Comptroller of the Currency, Federal Reserve, and Federal Deposit Insurance Corporation on their proposals to raise capital requirements for the largest banks—those with assets of $100 billion or more. Dec 14, 2023 Marc Jarsulic, Lilith Fellowes-Granda
Regulatory Change To Enhance Treasury Market Stability ReportNov 2, 2023 Regulatory Change To Enhance Treasury Market Stability Nonbank financial actors have significantly disrupted U.S. and U.K. government debt markets in the past few years, but regulators can reduce some of these risks through existing authorities. Nov 2, 2023 Marc Jarsulic
Investing To Be Competitive: The New U.S. Industrial Strategy ReportJun 12, 2023 Investing To Be Competitive: The New U.S. Industrial Strategy The new industrial strategy will transform the auto, energy, and semiconductor sectors; reduce carbon emissions; and support increased worker wages. Jun 12, 2023 Marc Jarsulic
4 Things Bank Regulators Can Do to Help Prevent Bank Failures ArticleApr 27, 2023 4 Things Bank Regulators Can Do to Help Prevent Bank Failures In addressing the recent instability within the U.S. financial system, regulators must confront continuing risk and bank fragility. Apr 27, 2023 Marc Jarsulic, Alexandra Thornton, Lilith Fellowes-Granda
The Role of Leverage in the Failures of Silvergate, Silicon Valley, and Signature Banks ArticleMar 16, 2023 The Role of Leverage in the Failures of Silvergate, Silicon Valley, and Signature Banks Now is the time for federal banking regulators to raise equity requirements to prevent banking history from repeating itself yet again. Mar 16, 2023 Marc Jarsulic, Alexandra Thornton
3 Antitrust Lessons From the Taylor Swift Ticketmaster Debacle ArticleNov 22, 2022 3 Antitrust Lessons From the Taylor Swift Ticketmaster Debacle Ticketmaster’s bungling of Taylor Swift tickets illustrates the importance of market competition and vigorous antitrust enforcement. Nov 22, 2022 Marc Jarsulic
Rulemaking Is Needed To Address the Harms From Commercial Surveillance and Lax Data Security ArticleNov 22, 2022 Rulemaking Is Needed To Address the Harms From Commercial Surveillance and Lax Data Security The Federal Trade Commission should undertake rulemaking to address the harms created by the monetization of consumer data collected through commercial surveillance online as well as lax data security practices. Nov 22, 2022 Adam Conner, Marc Jarsulic
Opinion: Expecting the Fed to solve inflation on its own ignores important root causes that the Fed can’t touch In the NewsSep 21, 2022 Opinion: Expecting the Fed to solve inflation on its own ignores important root causes that the Fed can’t touch Marc Jarsulic examines why relying on the Federal Reserve alone is insufficient to reduce inflation. Sep 21, 2022 MarketWatch Marc Jarsulic
Effective Inflation Control Requires Supply-Side Policy ReportSep 15, 2022 Effective Inflation Control Requires Supply-Side Policy Fed inflation policy, which relies on demand reduction, needs to be augmented by supply-side actions; otherwise, there will be avoidable losses in output and employment. Sep 15, 2022 Marc Jarsulic
Point: Innovative CHIPS and Science Act Will Improve the Lives of All Americans In the NewsAug 11, 2022 Point: Innovative CHIPS and Science Act Will Improve the Lives of All Americans Marc Jarsulic writes about how the CHIPS and Science Act will strengthen America's manufacturing base, protect its workers, and fortify its national and economic security. Aug 11, 2022 InsideSources Marc Jarsulic
The United States Can End Hunger and Food Insecurity for Millions of People ReportAug 11, 2022 The United States Can End Hunger and Food Insecurity for Millions of People Policymakers must reimagine the United States’ long-term approach to food production and distribution to build an equitable and sustainable system that works for all. Aug 11, 2022 Arohi Pathak, Ryan Richards, Marc Jarsulic
The National Baby Formula Shortage and the Inequitable U.S. Food System ReportJun 17, 2022 The National Baby Formula Shortage and the Inequitable U.S. Food System It is past time for policymakers to develop a long-term vision that addresses the infant formula crisis and focuses on building a more responsive, resilient food system and safety net for all. Jun 17, 2022 Arohi Pathak, Marc Jarsulic, Osub Ahmed, 3 More Jill Rosenthal, Caroline Medina, Emily DiMatteo
Strengthening Antitrust Enforcement by Modernizing Merger Guidelines ArticleApr 21, 2022 Strengthening Antitrust Enforcement by Modernizing Merger Guidelines Efforts by the Federal Trade Commission and the U.S. Department of Justice to revise merger guidelines offer an opportunity to strengthen antitrust enforcement. Apr 21, 2022 Marc Jarsulic, Adam Conner, Erin Simpson
Integrating Antitrust Laws Into Environmental, Social, and Governance Disclosures ReportSep 8, 2021 Integrating Antitrust Laws Into Environmental, Social, and Governance Disclosures If the federal government required corporations to disclose markers of monopoly power, it would facilitate routine discussion and analysis of competition issues. Sep 8, 2021 Marc Jarsulic
What the European Union’s Proposed Trade Tax on Carbon Means for the United States ReportAug 16, 2021 What the European Union’s Proposed Trade Tax on Carbon Means for the United States The European Union’s innovative carbon border adjustment mechanism offers lessons for the United States about which industries to cover and whether to credit nontax emissions controls when limiting the carbon content of imports. Aug 16, 2021 Marc Jarsulic
Fact Sheet: Rebuilding the Competitiveness of U.S. Domestic Manufacturing Fact SheetMar 11, 2021 Fact Sheet: Rebuilding the Competitiveness of U.S. Domestic Manufacturing This fact sheet outlines policy changes to make U.S. manufacturing more globally competitive, provide higher wages, and reduce supply chain risk. Mar 11, 2021 Marc Jarsulic
Building U.S. Manufacturing Competitiveness and Capacity ReportMar 11, 2021 Building U.S. Manufacturing Competitiveness and Capacity Policy change can make U.S. manufacturing more globally competitive, provide higher wages, and reduce supply chain risk. Mar 11, 2021 Marc Jarsulic
Using Antitrust Law To Address the Market Power of Platform Monopolies ReportJul 28, 2020 Using Antitrust Law To Address the Market Power of Platform Monopolies Evidence suggests that large digital service platforms with market power deserve much closer antitrust scrutiny. Jul 28, 2020 Marc Jarsulic
Making the Fed Rescue Serve Everyone in the Aftermath of the Coronavirus Pandemic ArticleMay 14, 2020 Making the Fed Rescue Serve Everyone in the Aftermath of the Coronavirus Pandemic The Fed plan to extend trillions of dollars in credit to support the economy during the COVID-19 crisis is needed, but significant changes are required to make the program transparent, accountable, and equitable. May 14, 2020 Marc Jarsulic, Gregg Gelzinis
Social Distancing To Fight the Coronavirus Saves Lives and Preserves the U.S. Economy ArticleMar 31, 2020 Social Distancing To Fight the Coronavirus Saves Lives and Preserves the U.S. Economy There is a strong economic case for maintaining our commitment to social distancing. Mar 31, 2020 Marc Jarsulic, Michael Madowitz, Christian E. Weller
Industry and Firm Bailouts Amid the Coronavirus Pandemic ArticleMar 18, 2020 Industry and Firm Bailouts Amid the Coronavirus Pandemic Conditions on bailouts are necessary to protect workers and the public. Mar 18, 2020 Marc Jarsulic, David Madland
Public Health Requires an Extraordinarily Aggressive Economic Response to Coronavirus Immediately—One That’s Larger Than What Many Imagine ArticleMar 17, 2020 Public Health Requires an Extraordinarily Aggressive Economic Response to Coronavirus Immediately—One That’s Larger Than What Many Imagine The column recommends an immediate package at least the size of the Recovery Act in 2009—around $1 trillion in today’s dollars. Mar 17, 2020 Neera Tanden, Andres Vinelli, Andy Green, 5 More Maura Calsyn, Danyelle Solomon, Alexandra Cawthorne Gaines, Marc Jarsulic, Olugbenga Ajilore
The Spread of Coronavirus Threatens Supply Shocks at Home and Abroad ArticleMar 5, 2020 The Spread of Coronavirus Threatens Supply Shocks at Home and Abroad The spread of the coronavirus is disrupting economic activity around the world. The United States must prepare for the effects of global and domestic supply shocks to the economy. Mar 5, 2020 Marc Jarsulic
What Equity Markets Say About the State of Competition in the US Economy In the NewsJan 21, 2020 What Equity Markets Say About the State of Competition in the US Economy Marc Jarsulic analyzes the U.S. economy's competition problem and argues that improving antitrust policy and enforcement could play a significant role in reducing barriers to entry for new firms. Jan 21, 2020 ProMarket Marc Jarsulic
Toward a Robust Competition Policy ReportApr 3, 2019 Toward a Robust Competition Policy Entry barriers in many sectors—especially in communications services, health care, and information technology—have created an environment in which firms can earn profits well above competitive levels. Apr 3, 2019 Marc Jarsulic, Ethan Gurwitz, Andrew Schwartz
Fact Sheet: Toward a Robust Competition Policy Fact SheetApr 3, 2019 Fact Sheet: Toward a Robust Competition Policy The rise of firms earning monopolistic returns calls for new policy measures to reduce barriers to entry and increase competition. Apr 3, 2019 Marc Jarsulic, Ethan Gurwitz, Andrew Schwartz
Trump’s Trade Deal and the Road Not Taken ReportFeb 1, 2019 Trump’s Trade Deal and the Road Not Taken The U.S.-Mexico-Canada Agreement (USMCA), President Trump’s 2018 revision to the North American Free Trade Agreement (NAFTA), misses the chance to place workers at the center of U.S. trade priorities. Congress should insist on an approach that does. Feb 1, 2019 Marc Jarsulic, Andy Green, Daniella Zessoules
State of the Union Preview: Trump Is Rigging the Economy Against Workers and the Middle Class ArticleJan 29, 2018 State of the Union Preview: Trump Is Rigging the Economy Against Workers and the Middle Class President Trump promised to fight for American workers, but his first year in office has shown that he is decidedly not on their side. Jan 29, 2018 Seth Hanlon, Sam Berger, Alex Rowell, 6 More Galen Hendricks, Regina Willensky Benjamin, Kevin DeGood, Eliza Schultz, Joe Valenti, Marc Jarsulic
Resisting Financial Deregulation ReportDec 4, 2017 Resisting Financial Deregulation Improving economic growth requires strengthening and better implementing financial stability reforms—not eroding them. Dec 4, 2017 Gregg Gelzinis, Andy Green, Marc Jarsulic
Toward a Marshall Plan for America ReportMay 16, 2017 Toward a Marshall Plan for America The economy is not producing access to a good, stable middle-class life for people who do not go to college. On prudential and ethical grounds, progressives must do more to create decent job opportunities and secure family situations for all working people facing difficult economic conditions not within their control. May 16, 2017 Neera Tanden, Carmel Martin, Marc Jarsulic, 6 More Brendan Duke, Ben Olinsky, Melissa Boteach, John Halpin, Ruy Teixeira, Rob Griffin
Evidence-Based Policy in Antitrust: The Need for Ongoing Merger Retrospectives In the NewsApr 20, 2017 Evidence-Based Policy in Antitrust: The Need for Ongoing Merger Retrospectives John Kwoka and Marc Jarsulic write that the time has come to update the nation's antitrust enforcement infrastructure. Apr 20, 2017 Pro-Market John Kwoka, Marc Jarsulic
The House Republicans’ Corporate Tax Cut ReportMar 14, 2017 The House Republicans’ Corporate Tax Cut The House tax reform blueprint is unlikely to deliver jobs, economic growth, or wage increases for working Americans. Mar 14, 2017 Alexandra Thornton, Marc Jarsulic
The Limitations of Monetary Policy as a Financial Stability Tool ReportDec 14, 2016 The Limitations of Monetary Policy as a Financial Stability Tool Policymakers will resign the U.S. economy to slower growth if they use tighter monetary policy as a substitute for available regulatory tools to achieve financial stability. Dec 14, 2016 Marc Jarsulic, Michael Madowitz
Reviving Antitrust ReportJun 29, 2016 Reviving Antitrust Rising income inequality, stagnant middle-class incomes, and growing evidence of increasing market power in parts of the U.S. economy all point toward the need for a renewed focus on antitrust enforcement. Jun 29, 2016 Marc Jarsulic, Ethan Gurwitz, Kate Bahn, 1 More Andy Green
Congress Must Pass PROMESA to Prevent Crisis in Puerto Rico ArticleJun 14, 2016 Congress Must Pass PROMESA to Prevent Crisis in Puerto Rico Protecting the health and livelihoods of Puerto Ricans requires immediate action. Jun 14, 2016 Marc Jarsulic, Erin Cohan