California voters narrowly rejected Proposition 40, a wealth tax that threatened the state's startup economy. The measure originated from an intellectual movement driven by a French academic project, an elite public university, and union backing. Wealth-tax advocates are regrouping, making this California battle a preview of fights nationwide.

Republicans face a defining choice between free-market principles and interventionist visions, while Democrats’ ideological divisions could push health-care proposals toward full government control. Looming entitlement shortfalls and AI disruption will make policy debates harder to avoid. Will be the election when policy makes a comeback.

Elizabeth Warren thinks interest on consumer credit cards is too high and wants to cap it at 10 percent. Like any other price ceiling, this would create a shortage of the product it attempts to make more affordable. In trying to rescue consumers from their own financial decisions, Warren would deprive them of their plastic and consign them to infinitely more treacherous alternatives.

Following the resignation of Nvidia CEO Jensen Huang, Donald Trump floated Apple executive chairman Tim Cook as his potential successor, pointing to Cook's unparalleled track record of succeeding a bigger-than-life founder.

The Trump administration is right to take on the problem of improper enrollment. Democratic senators criticizing the crackdown get insurers' financial incentives backward, ignoring how expanded subsidies fueled phantom enrollments that reward unscrupulous brokers and leave taxpayers to foot the bill. Renewing those subsidies risks reviving fraud incentives.

Congressional Democrats are already eyeing your money with expansive spending agendas, renewing calls for massive federal programs. But the Trump administration's veto power offers a vital constitutional check against these ambitions. Legislative restraint is a feature of the Founders' design, not a failure.

Jensen Huang’s resignation leaves Nvidia’s commitment to open source in limbo, as the loss of its chief advocate threatens to shift company strategy and embolden Washington critics pushing for tighter restrictions on open-weight AI models.

Ex-Nvidia CEO Jensen Huang has agreed to testify before Congress behind closed doors by Thanksgiving. The development follows threats of subpoenas from House committee chairs amid questions surrounding Huang's departure following reports of an alleged affair with a woman suspected of spying for China.

Donald Trump is the biggest loser we’ve seen in a long time for scrapping climate action and ceding the clean energy race to China. By walking away from the battlefield and blackballing an entire sector of the economy, he completely missed the marketplace for goods that could be produced in the United States.