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Since the initiative’s first meeting in January, members have organized several informational events, including a panel discussion and a week-long awareness drive during which they obtained 350 signatures on a petition to Congress...
...Congress’s final bill, including a stronger consumer-protection agency and an over-the-counter exchange for derivatives. Yet as the legislation has gained steam and popularity over the last few weeks, politicians are predictably spewing populist demagoguery and wasting an opportunity to implement intelligent regulations. Congress must keep the unintended effects of their measures in mind as they finalize the legislative details on trading derivatives and supervising the Federal Reserve System...
Culver, who is also a graduate of Harvard Law School, represented Iowa’s second district in Congress for five terms before serving as a Democratic Senator from 1975 to 1981. After leaving Congress, Culver was a Resident Fellow at the IOP during the spring of 1981. He has since served as a senior partner at the Washington, D.C. law firm Arent...
Culver’s own diverse public service experiences, from his time in Congress to his service in the U.S. Marine Corps, will bring a new perspective to the IOP, according...
...nation’s postal service must take in more money than it spends is to treat it like a privately owned delivery company when, in reality, the USPS is a social service. Indeed, postal service is one of the fundamental functions of our government. The Constitution specifically grants Congress the power to “establish Post Offices and Post Roads” in between the powers to coin money and establish federal courts—all key components of our national unity. We are proud to have a government and a Constitution that take on this responsibility rather...