Policy Library

Consumer finance refers to the saving, borrowing, and investment choices that households make over time. These financial decisions can be complex and can affect households’ financial well-being both n...

Overview Congress has authorized the President to control the export of various items for national security, foreign policy, and economic reasons. Separate programs and statutes exist for controlling ...

Historically, if a lender forgives or cancels mortgage debt (and most other debts), tax law has treated the amount of canceled debt as a cancellation of debt income (CODI) subject to ordinary income t...