Relevant and even prescient commentary on news, politics and the economy.

Amicus Presenting to Judge Aileen Cannon Next Week in the Trump Case

Taken from Joyce Vance’s Civil Discourse I thought perhaps the argument going on in front of Federal Judge Cannon about Jack Smith’s appointment to prosecute XPres. Donald Trump might need some explanation. I am borrowing from Joyce Vance’s Civil Discourse as a subscriber. This is kind of a sideshow to the real issue of trump […]

FDIC: Number of Problem Banks Increased in Q1 2024

by Bill McBride Calculated Risk, May 29, 2024 The FDIC released the Quarterly Banking Profile for Q1 2024: Reports from 4,568 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) report aggregate net income of $64.2 billion in first quarter 2024, an increase of $28.4 billion (79.5 percent) from the prior quarter. A […]

Borrowers Using Payday Lenders Will Be Much Safer in 2025

I am sure borrowers having to use Payday Lenders are thrilled to wait till March 2025. Supreme Court ruling in May, the federal government is expected to get tougher on regulating payday lenders and other firms that offer high-interest, short-term loans. This type of lending — which often targets low-income borrowers — has long drawn fire […]

Payment Reform is key to better health

by Merrill Goozner GoozNews Hospitals are pushing back on an experiment that would put providers on budgets. CMS should ignore their lobbyists and consultants playing games with numbers. Changing the way hospitals and doctors get paid is central to reforming our dysfunctional health care system. Payment reform can achieve better health outcomes, improve the patient […]

Top Supreme Court Health Cases to Watch

by Lawrence O. Gostin and Sarah Wetter MEDPAGE TODAY — A slew of cases this term could reshape health policy. Undecided Issues still before SCOTUS which should be decided this month. The Justices will then take off for a bit to reconcile the decisions they made causing issues amongst the population. Nothing unusual here, it […]

Supreme Court didn’t end access to Mifepristone

Today, the Supreme Court released its opinion in FDA v. Alliance for Hippocratic Medicine. Here’s a little background—you can be forgiven if you’ve lost track of how this case has evolved since I first wrote about District Judge Matthew Kacsmaryk’s order granting a nationwide injunction banning mifepristone in April of 2023. In April of 2023, Matthew Kacsmaryk, a federal district […]

Trump met with a New York City probation officer

As the title says Trump met with a Court Probation Officer. A first for a president. The Probation Officer will assess him for resources, mental health, and criminal record. Trump’s attitude will play a part in this also. Hopefully. his attorney advises him to shut up. Which if he is smart, he will take the […]