Defending free markets. Exposing threats to America's economic prosperity. Shining a light on policies that undermine growth.
Washington, D.C.
Joined March 2024
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PESP and AFR just published a "Private Equity Climate Risks Scorecard."
It's a political purity test, and the math is embarrassing.
A thread 🧵
pinpointpolicyinstitute.org/…
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In the face of ongoing disruptions in energy supplies, a coalition encourages @POTUS to announce an extension of your Jones Act waiver.
@AmerComm @AFPhq @aea @ForFreeMarkets @taxreformer @CFEconomy @CFandP @CTR4Transport
@ceidotorg @ConsumerChoiceC @exiledpolicy @VanceGinn @IWF @Pinpoint_Policy @RioGrandeFndn
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There’s no NAIC fee listed on your insurance bill. You still pay it.
State regulators require insurers to use the NAIC’s services. Those costs get built into your premiums.
dcjournal.com/insurance-regu…
Insurers were required to submit the filings. Then a cyberattack exposed 260,000 of them.
What accountability does the NAIC face for failing to protect that information? Not enough.
dcjournal.com/insurance-regu…
Your state legislature votes on an insurance law. Later, a private corporation changes the document that law refers to. The rules can change without another vote.
Eric Ventimiglia on the NAIC’s power: dcjournal.com/insurance-regu…
Your premiums are up. Who do you hold responsible?
Not your insurance commissioner. The rules behind your policy are written by the NAIC, a private corporation nobody elects.
If its rules raise your rate, there's no one on your ballot to blame.
dcjournal.com/insurance-regu…
Senate Democrats say S. 4330 closes the "carried interest loophole."
It doesn't. It taxes income that fund managers never earned.
A manager would owe tax even when the fund distributed no cash, realized no gain, and didn't appreciate in value.
pinpointpolicyinstitute.org/…
In the 1950s, Venezuela ranked fourth in the world in per-capita GDP.
Then Chávez and Maduro nationalized industries and imposed price controls. Output fell by more than two-thirds.
Socialism isn't bad luck. It's a bad idea.
pinpointpolicyinstitute.org/…
6 million small businesses. Up to $5 trillion in value. The largest ownership transfer in American history is coming.
Progressive donors want to hijack it for a self-described "anti-capitalist" agenda.
pinpointpolicyinstitute.org/…
Since 2019, Michael Bloomberg has poured more than $1 billion into a campaign against American energy.
He keeps his name off the lawsuits by routing the money through groups like Earthjustice.
House Oversight is finally asking questions.
pinpointpolicyinstitute.org/…
Elizabeth Warren's Stop Wall Street Looting Act would cost 6.9 to 26.3 million American jobs, according to the U.S. Chamber.
It would also cost up to $475 billion a year in tax revenue.
Fourth introduction. Same bad idea.
pinpointpolicyinstitute.org/…
$14 trillion sits in American 401(k)s. Almost none of it can reach private markets.
Labor Secretary Keith Sonderling says that's about to change, and the money will "go right back into America" through American factories, energy infrastructure, and jobs.
pinpointpolicyinstitute.org/…
Pinpoint just told the NAIC to show its work.
Before any new capital or investment workstream moves forward in the 2027 Charges, identify the problem, prove existing tools fall short, and measure what it costs policyholders.
pinpointpolicyinstitute.org/…
Before the NAIC writes new rules, it should enforce the ones it already has.
Pinpoint's new comment letter asks the E Committee for evidence of a real problem, proof existing authority falls short, and a public cost-benefit analysis.
pinpointpolicyinstitute.org/…
Elizabeth Warren just reintroduced the Stop Wall Street Looting Act for the fourth time.
It failed in 2019. It failed in 2021. It failed in 2024.
Here's what economists, business leaders, and The Wall Street Journal are saying about it: pinpointpolicyinstitute.org/…
David Burton of The Heritage Foundation says the bill should be renamed the "Protect Incompetent Management Act."
It would make it "virtually impossible" to take over failing companies and replace their management.
"This legislation would wipe out millions of jobs, siphon hundreds of billions in tax revenue, and hand unprecedented control of the economy to Washington bureaucrats. It is an anti-growth disaster waiting to happen." – Eric Ventimiglia
pinpointpolicyinstitute.org/…