Phil Gramm and Thomas R. Saving-Janet Yellen’s Greatest Challenge

Every month that the Fed’s quantitative easing goes on, the exit strategy becomes more difficult and dangerous. By PHIL GRAMM and THOMAS R. SAVING With the Senate Banking Committee on Thursday approving Janet Yellen’s nomination to lead the Federal Reserve, her confirmation is virtually assured. Less certain is what Ms. Yellen ultimately intends to...
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WSJ: A GOP Game Plan for Tax Reform

If the special deals that create crony capitalism are allowed to survive, Republican efforts will have failed. Thanks to the efforts of Democrat Sen. Max Baucus and Republican Rep. Dave Camp, Congress will take up tax reform this year. Before the debate begins, however, Republicans need to set out the...
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