Golden Apple

May 19, 2017

Getting better all the time — No, really, things are. Or at least that’s what this afternoon’s Federal Reserve report tells us: Americans’ overall financial wellbeing improved last year. Not a lot, and less educated Americans didn’t do quite as well as those with more education,...

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May 12, 2017

Waters are churning inside the Beltway this week, but at this writing, we have not yet seen any great white sharks in the Potomac. We’ll remain vigilant. Senate hearing discusses GSEs’ path out of conservatorship — “The status quo is not a viable option,” said Senate Banking...

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May 5, 2017

House panel votes for CHOICE — While most in Washington were watching the vote on health care, the House Financial Services Committee passed H.R. 10, The CHOICE Act, on a party-line vote on Thursday afternoon. The markup began on Tuesday and continued for three days, as...

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April 28, 2017

Blame the supermoon. Apparently Wednesday’s new moon was a supermoon, an especially close point in the moon’s orbit around the planet that produces unusually high tides. We at The Golden Apple do not hold with astrology, being double Scorpio with Gemini in the ascendant, but...

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April 21, 2017

. . . And we’re back. Congress won’t return to Washington until next week, but we have much to report and even more to prepare for. The federal government’s funding runs out a week from today, and the forecast calls for frenzy. Hearing scheduled for Financial...

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April 7, 2017

A moment of silence for hockey pucks everywhere — Don Rickles, the man who said what we all wished we could, died yesterday at 90. While young people know him as the voice of Mr. Potato Head in Toy Story, he started out to be a...

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March 21, 2017

UK triggers Article 50 — In a letter Tuesday, United Kingdom Prime Minister Theresa May formally notified European Community President Donald Tusk of the UK’s intention to withdraw from the European Union. Withdrawing will require the UK to repeal its own laws that let EU rules...

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March 10, 2017

DOL announces temporary enforcement relief on fiduciary rule — The Employee Benefits Security Administration of the Department of Labor issued a Field Assistance Bulletin today to clarify its enforcement procedures for the new fiduciary rule while the proposed 60-day delay is pending. The Department issued a...

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March 24, 2017

Let it go — Spring came to Washington this week, as it did to every other place in the northern hemisphere. This year feels particularly appropriate to mark the equinox according to Chinese custom: stand facing east (the direction of spring) in silence for a few...

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March 17, 2017

Washington, rather famously, doesn’t handle winter well. The storm that blew through on Tuesday left less snow than predicted, but managed to scramble schedules all the same. And it looks like we won’t get much of a cherry blossom season this year. All the same,...

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