Old scars of the 2008 crisis continue to be ignored

BY MICHAEL STEELE, OPINION CONTRIBUTOR, THE HILL — 02/01/19 11:15 AM EST In 2007 the newly appointed Fed Chair, Ben Bernanke, declared that problems in the subprime mortgage market were so “limited” they would not create “significant spillovers.” Within a year,...

John McCain was no ordinary warrior

BY MICHAEL STEELE, OPINION CONTRIBUTOR, THE HILL — 08/28/18 11:00 AM EDT On a hot summer’s day in 2007, presidential candidate John McCain found himself in a bit of pickle: He was stuck at Reagan National airport hoping to catch a flight that would get him to a meet...

High hopes for President Trump’s drug pricing plan

BY MICHAEL STEELE, OPINION CONTRIBUTOR, THE HILL — 07/26/18 09:30 AM EDT In May, the President gave his first major speech on lowering drug prices, making good on his campaign promise to go after drug makers to get lower prices for consumers. Following the speech, the...

Elections have consequences.

BY MICHAEL STEELE, OPINION CONTRIBUTOR, THE HILL — 07/11/18 11:32 AM EDT “Elections have consequences. I won.” That was President Barack Obama’s response to congressional Republicans in a 2009 White House meeting regarding his economic proposals. If much of what has...