Bite-Sized Business Law
Looking for the latest in legal business news?
Get a breakdown of the top stories in business law from industry leaders on the front lines with Bite-Sized Business Law. Host Amy Martella takes a closer look at the latest corporate happenings through interviews with the attorneys, legal experts, public figures, and scholars behind the news to distill business law’s biggest stories into bite-sized portions.
This is your chance to go further into the world of business law and stay up to date with legal cases and industry trends.
Corporations impact us all, leading changes that extend far beyond business to shape the economy, public policy, technology, and beyond. Looking at the big picture, Amy discusses not only the underlying issues in business ethics and legal cases leading the biggest stories but also sparks thought-provoking discussions on where the law should be headed.
Amy is the Executive Director of the Corporate Law Center at Fordham University School of Law. Her background ranges from big law to government to tech startups, allowing her to offer an insider’s perspective of the issues that shape corporate actions, large and small. Covering crypto regulation to securities fraud, AI’s impact to Elon Musk’s pay package, Bite-Sized Business Law covers it all with guests of varying viewpoints to provide the nuanced analysis needed to tackle complex problems.
Whether you're looking for the latest in legal insight on intellectual property, mergers and acquisitions, business ethics or legal cases in the business law world, you’ll find it here. Enjoying a thoughtful perspective on the news stories of the moment, Bite-Sized Business Law examines big issues and delivers them in small doses.
Bite-Sized Business Law is a project by the Corporate Law Center at Fordham Law. The Center serves as a hub for scholars, professionals, policymakers, and students to engage in the study, discussion, and debate of current issues in corporate law. The Center focuses on aspects of corporate law, corporate compliance, antitrust law, and securities regulation. Through initiatives like the Mergers and Acquisitions seminar and the Securities Litigation and Arbitration Clinic, students actively engage in real-world research and cases, bridging the gap between classroom learning and practical application in the legal field.
Bite-Sized Business Law
Debt Spiral: Why The Big Beautiful Bill Won't Fix the Big, Ballooning Deficit
The U.S. just added another $5 trillion to its borrowing capacity, thanks to President Trump’s new bill. While this move may ease short-term pressure, it raises deeper questions about debt, inflation, and economic stability. In this episode we welcome back Richard Squire, Professor of Business Law at Fordham Law School and faculty director of the Corporate Law Center, to unpack the deeper implications of the “One Big Beautiful Bill Act”. We explore how the U.S. deficit ballooned to over 100% of GDP, and why that’s especially troubling in a country with considerably lower tax revenue than its peers. Richard explains the Federal Reserve’s evolving role in managing inflation, the politics of interest on bank reserves, and why Senator Ted Cruz’s proposal to stop those payments could trigger runaway inflation. From fiat currency to the hidden mechanics of debt monetization, Richard offers a sharp, accessible breakdown of the forces shaping America’s fiscal future. He also explains who stands to bear the costs. Tune in for an eye-opening look at the choices that will define the decades ahead.
Key Points From This Episode:
- The “One Big Beautiful Bill Act”: How it will impact spending, taxes, and the deficit.
- How the US’s national debt compares to other developed countries.
- Why the US has an increasingly high deficit despite relatively low government spending.
- The role of low tax revenue in fueling the national debt.
- Why the Fed pays interest on bank reserves and how it helps fight inflation.
- Senator Cruz’s proposal and why it could trigger massive inflation.
- Debating a possible alternative fix to redirect income back to the Treasury.
- The politics of debt monetization and its hidden economic implications.
- Why the US is unlikely to default on debt issued in its own fiat currency.
- The economic tradeoffs between inflation, taxes, spending cuts, borrowing, and defaulting.
- Who suffers most from hyperinflation: younger adults, poorer populations, and future generations.
- Unpacking interest rates, tariffs, and the outlook for future inflation.
- A brief look at Wall Street’s reaction to debt growth and policy uncertainty.
Links Mentioned in Today’s Episode:
Richard Squire
Richard Squire on LinkedIn
Amelia Martella on LinkedIn
Fordham University School of Law Corporate Law Center