Trump’s tariffs didn’t spur economic growth but did encourage trade between spurned U.S. partners. By Phil Gramm and Donald J. Boudreaux April 1, 2026 4:24 pm ET A year ago Thursday, President Trump raised the average effective tariff rate to 22.5%, and proclaimed April 2 “Liberation Day,” which would “forever be...

Trump and the SEC affirm fiduciary duty, benefiting even shareholders with nonfinancial objectives. By Phil Gramm and Jeb Hensarling March 16, 2026 5:26 pm ET President Trump recently signed an executive order that aims to end a 20-year experiment in backdoor socialism usurping private wealth to serve special interests. It affirms...

Without tariffs, the first year of the president’s first term saw a healthier economy than 2025. February 9, 2026 at 7:00 a.m. EST By Phil Gramm and Donald J. Boudreaux Phil Gramm, a former U.S. Senator from Texas and chairman of the Senate Banking Committee, is a nonresident senior fellow at the...

By Phil Gramm and Michael Solon Feb. 5, 2026 1:07 pm ET A consensus has formed that while artificial intelligence may create new and better jobs, its threat to current job holders requires massive new government training programs, unemployment assistance, income supplement programs and even a guaranteed minimum income. Missing from...

A bipartisan proposal to write checks the government can’t cash. By Jeb Hensarling and Michael Solon Jan. 7, 2026 6:12 pm ET Government insurance programs are often tied to budget-busting bailouts and economic crises. But political pressures are again driving their expansion—and when these programs fail, taxpayers are left with the...