Since the Association for Molecular Pathology v. Myriad Genetics case was argued before the Supreme Court in April, all eyes in the pharmaceutical and biological world have waiting for the Court’s decision. It came down yesterday, and on the surface...
Read more »Froman Hearing May Test Obama’s Seriousness on New Trade Deals
Michael Froman, President Barack Obama’s choice for U.S. trade representative, is expected to sail through his confirmation hearing before the Senate Finance Committee this week. Froman cut his teeth in senior positions at Treasury and the White House during the...
Read more »SIFIs and the Rush to End Too-Big-To-Fail
Large, potentially too-big-to-fail, financial institutions are back in the news. Earlier this week, federal regulators issued the first three names of the long awaited list of non-bank “systemically important financial institutions” (SIFIs). The designations of- GE Capital, Prudential Insurance and...
Read more »Both Sides of the Atlantic Need A Free Trade and Investment Deal
A New Bloomberg Government analysis by Senior Trade Analyst Ken Monahan documents the large benefits for both the U.S. and the EU of a major trade and investment deal between the two sides. The proposed negotiations between the two largest...
Read more »California May Join EU in Two-Front Internet Privacy Push
U.S. Internet companies are engaged in a two-front effort to defend the $100 billion they earn from online advertising. Companies such as Google and Facebook have been fighting proposed European Union privacy laws they say would slow innovation. Now, they...
Read more »Will Immigration Overhaul Jump-Start America’s Entrepreneurial Engine?
Buried in the 800-plus pages of the Gang of Eight’s Senate immigration overhaul are provisions that may help spark a resurgence of entrepreneurial activity that this country sorely needs. Until the Great Recession of 2008-09, 500,000 to 600,000 new businesses...
Read more »The President’s Budget: Not as DOA As Many Might Think
DOA, the dreaded acronym for “dead on arrival,” has greeted most White House budgets in recent decades of growing partisanship. There is certainly reason for believing that designation is appropriate for President Barack Obama’s $3.8 trillion budget for fiscal 2014...
Read more »March Madness, Your Tax Dollars and the Future of Higher Education
Hoops fans will be glued to the TV this weekend and early next week to watch the Final Four, college basketball’s annual culmination of March Madness. A new Bloomberg Government Insight by senior analyst Patrick Driessen shows how the federal...
Read more »An Innovative Third Way to Break Immigration Gridlock
Securing the southern border stands as one of the biggest obstacles to immigration overhaul. Most Republicans, before they endorse a substantive legislative solution, want an impenetrable border to stanch the flow of undocumented workers into the U.S. Most Democrats want...
Read more »Four Percent Growth: Great for Deficit Control, Hard to Achieve
Senator Marco Rubio argues that getting the economy to grow at a sustained rate of 4 percent a year would create millions of jobs and reduce the 10-year deficit by $4 trillion. Bloomberg Government senior economic analyst Christopher Payne crunched...
Read more »More Competition, Not Regulation, Is the Key to Faster Broadband
It’s rare these days in Washington to find even a goal free of bitter partisan division. Fortunately, there is one: faster Internet access over “broadband” networks. In contrast to electricity, broadband isn’t an all-or-nothing proposition. There are many different broadband...
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