WashU Experts

On May 16, the U.S. Supreme Court sent the Zubick vs. Burwell case, a challenge to the Affordable Care Act’s contraceptive requirement for employers, back to the lower courts for further examination, leaving women employees and students at workplaces around the country in limbo, says Elizabeth Sepper, associate professor of law and expert on health law.

A recent Supreme Court case that was expected to limit privacy laws actually has the potential to expand them, according to an expert on privacy law at Washington University in St. Louis.

Today, new rules go into effect that allow anyone to invest in a startup and receive shares of that startup. Previously, the Securities and Exchange Commission required investors backing private companies to have a certain amount of net worth. A Washington University in St. Louis faculty member says the measures will expand the entrepreneurial playing field, to a point.

Google’s decision this week to ban payday loan ads should be commended, but also highlights the need that many lower-income consumers have for affordable short-term loan options, says an expert on social and economic development at Washington University in St. Louis.

The U.S. Treasury Department has issued several rules recently aimed at cracking down on tax evasion and money laundering in the wake of the “Panama Papers.” Will continuing to add new, and increasingly aggressive, rules make any lasting or concrete changes to the American tax code? Maybe, but perhaps at a cost to the tax law as a whole, says Washington University tax expert Adam Rosenzweig.

On May 6, President Barack Obama introduced executive reforms designed to eliminate loopholes that allow foreigners to conceal tax fraud and evasion in the United States. Olin Business School’s Lamar Pierce said the move is an effort to show U.S. global partners that it is ready to practice what it preaches when it comes to curbing shadowy financial transactions.

Microsoft’s challenge to the gag order provisions of the federal Stored Communications Act should be applauded by everyone who cares about civil liberties, whether in the physical or digital worlds, said Neil Richards, a privacy law expert at Washington University in St. Louis.

Thinking about blowing that tax refund on a vacation or some home improvements? You might be better off pocketing your cash and saving it, said Michal Grinstein-Weiss, associate director of the Brown School’s Center for Social Development and principal investigator of the Refund To Savings initiative.

On April 5, Mississippi Gov. Phil Bryant signed into law House Bill 1523, a controversial “religious freedom” bill, which says that the state government cannot punish public employees, social service providers and businesses that refuse to provide services to people because of a religious opposition. The law is unconstitutional, said Elizabeth Sepper, associate professor of law at Washington University in St. Louis.

Journalists continue to sort through and process the so-called “Panama Papers,” millions of financial documents offering a look at how politicians and public figures hide massive amounts of money in offshore accounts. A faculty member at Washington University in St. Louis says the case offers proof of the difficulty of government economic intervention.