Americas: The empty chair problem

Author: | Published: 23 Sep 2015
The US government needs to start filling them

Election years in any country make political compromise difficult. The desire to win or keep power makes politicians wary of allowing the other side to make even the smallest gains. As a consequence, markets are left in limbo, waiting for potential regulatory changes or new leadership that will prioritise different issues.

In some instances, the waiting game makes sense. Implementing new policies that will be immediately disgraced if the government is replaced is a waste of time and resources.

But avoiding necessary change or refusing to appoint necessary regulatory officials for...