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States Fight to Preserve Liberty from Dodd-Frank Act Intrusions The states of Michigan, Oklahoma, and South Carolina have sued the Obama Administration in the U.S. District Court for the District of Columbia over provisions of the Dodd-Frank Act that allow the government to seize financial institutions. Several private organizations joined in the legal complaint, to challenge also the constitutionality of the Act's Consumer Financial Protection Bureau (CFPB) and the high-handed manner in which President Obama appointed the Bureau's Director. The legal challenge by the states and private organizations seeks to enforce constitutional limits on the ever more intrusive federal government.
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Brazil: Restoring Economic Growth Through Economic Freedom Brazil's growth rate from 2006 to 2010 was substantially less than many other major emerging countries, and growth has weakened considerably since 2011. Brazilians are justifiably concerned that their country has become stuck again in the decades-old cycle of high inflation and commodity dependence from which it emerged only in the 1990s. Strengthening the foundations of economic freedom is the critical step required to restore rapid growth.
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Economic Freedom Is the Real Antidote to Arab Unrest
The recent attacks on U.S. diplomatic outposts in the Middle East are certainly disappointing, but the U.S. still has a big opportunity to exert a positive influence in the region. An often overlooked contributor to the region's highly combustible condition is a pervasive lack of economic opportunity and economic freedom. Our free market system is just what the region needs.
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| About The Heritage Foundation Founded in 1973, The Heritage Foundation is the nation’s most broadly supported public policy organization. Heritage created the Center for Legal and Judicial Studies in 2001 to educate government officials, the media and the public about the Constitution, legal principles and how they affect public policy. |
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