Kevin Van Elswyk

The Biden administration is determined to do an end run around the courts and ram through yet another student loan forgiveness plan. It is not real “loan forgiveness” but just a massive wealth transfer from lower-income to higher-income groups.

While President Biden’s inflationary economy continues to falter, the president proposes to outlaw bank overdraft fees, ostensibly to help lower-income Americans. Bank fees, however, are not the biggest threat consumers face; inflation and intervention are the real threats.

Congressional Democrats are trying to intervene in a complex and varied market they know little about but that consumers navigate without need of help. This will not end well.