Norbert J. Michel

Norbert J. Michel is vice president and director of the Cato Institute’s Center for Monetary and Financial Alternatives, where he specializes in issues pertaining to financial markets and monetary policy.

LET THE FDIC DO ITS JOB

It’s Still a Bank Bailout, Even if You Won’t Call It One

After the collapse of Silicon Valley Bank, the federal government is still picking winners and losers, and making up rules as it goes along.

Norbert J. Michel