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.

Jennifer Schulp, a financial regulation expert at the Cato Institute, and Norbert Michel, vice president and director of financial alternatives at Cato, dive into the urgent need for Congress to enhance financial privacy and innovation. They discuss a recent executive order benefiting digital assets and its implications for cryptocurrency policy. The pair also advocate for reforming the Bank Secrecy Act, improving Federal Reserve accountability, and the crucial micro-offering exemption, promoting small business growth while addressing the housing crisis with actionable recommendations.