Executive Summary: A Regulatory Agency in Limbo The National Credit Union Administration (NCUA), the federal agency responsible for supervising and insuring thousands of credit unions across the United States, has become the latest battleground in a high-stakes constitutional conflict over executive power. Following the controversial April 2025 removal of board members Todd Harper and Tanya…
For thirty-seven years, the State of Illinois has been operating under a fiscal shadow. The state’s system for taxing alcohol is not merely outdated; it is a sprawling, contradictory mess of statutes, administrative rules, and enforcement practices that have effectively been operating in defiance of the Illinois Constitution since 1988. Now, rather than seizing the…
As the November election approaches, California’s proposed "Billionaire Tax Act" has transformed from a political talking point into a catalyst for a high-stakes migration. The initiative, which seeks to impose a one-time 5 percent levy on the global net worth of California-based billionaires, is specifically designed to prevent capital flight. By anchoring the tax to…
