Introduction On 11 February 2025, the Commission announced the withdrawal of the 2017 Proposal to reform the Comitology Regulation. The reasons for the withdrawal are rather succinct: ‘[n]o foreseeable agreement – the Proposal is blocked and further progress is unlikely’. Branded by the Commission as a ‘new push for European democracy’, the proposal had arguably … Read more
I see a lot of people writing that Banking-as-a-Service (BaaS) is dead. That saddens me a little, as I created the term twenty years ago – have I mentioned this before? – but I agree. It is now past its prime. It was replaced by open banking. Then there was embedded finance and today it is … Read more
A Medevac plane that crashed in Northeast Philadelphia killed one person on the ground and left 19 others hospitalized, in addition to killing all six people on board the aircraft, the city’s mayor said on Saturday. “This is a tragedy in our City. People lost their lives and many injured in this horrific crash and … Read more
It’s a truism at this point to say that Americans own a lot of guns. Case in point: This week, a fire chief in rural Alabama stopped to help a driver who had just hit a deer. The two men walked up the driveway of a nearby home. For reasons that remain unclear, a man … Read more
A month ago, Michael and I were talking about the epic bull market, and I asked him where the euphoria was: Markets were rocking, but the sentiment didn’t match the gains quite yet. Sentiment can change in a hurry. It feels like the election was a spark that seems to have awoken the animal spirits. Just look at … Read more
