Norbert Michel, director at Cato's Center for Monetary and Financial Alternatives, and Jennifer Schulp, director of financial regulation studies at the Cato Institute, dive into the vital role of financial markets in America's economic growth. They debunk myths surrounding financial markets, emphasizing their key role in capital allocation and risk management. The discussion also touches on the regulatory challenges small businesses face, arguing increased regulation may undermine, rather than enhance, market stability and individual choices.

Rep. Patrick McHenry, a champion for civil liberties, joins Cato's Jennifer Schulp to dissect the dangers of financial surveillance. They explore the alarming decline of financial privacy in the face of government oversight and the implications of the Bank Secrecy Act. The duo critiques the SEC's data collection efforts and advocates for robust protections amidst cryptocurrency regulation. They also highlight how decentralized finance could democratize financial access while ensuring the preservation of individual rights. A lively discussion on privacy in a digital age!

Will Yeatman and Jennifer Schulp discuss the Supreme Court's Jarkesy decision shifting federal agency claims to traditional courts. They explore the impact on administrative adjudication practices, civil penalties, and due process in agency proceedings. The podcast also touches on recent Supreme Court rulings affecting administrative law.

Financial expert Jennifer Schulp and legal analyst Tommy Berry discuss the recent Supreme Court ruling on the unique funding structure of the CFPB. They explore challenges to the agency's authority, funding mechanisms governed by the Appropriations Clause, and the implications of originalism in the decision-making process. The debate around the CFPB's power dynamics with Congress and potential structural changes is also analyzed.

Financial expert Jennifer Schulp discusses proposed regulations that could require investment advisors to comply with elements of the Bank Secrecy Act, affecting advisor-client relationships. The podcast explores the unique challenges faced by investment advisors, the impact on reporting suspicious activities, the conflict between fiduciary duty and regulatory mandates, and the implications for individual investors and privacy concerns.