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Recent Essays

Defending the Bankrupt Castle

Matthew Beattie-Callahan

This Essay challenges that emerging consensus, offering a new basis for applying the Fourth Amendment to Chapter 7 Trustee searches of residences.

Volume 174 | 2026

Online EditionOnlineBankruptcyBankruptcy Law

Levers of Default: Can the President Unilaterally Alter the Terms of the National Debt?

Lev E. Breydo & Nathan B. Oman

The inviolability of America’s $30 trillion debt is a cornerstone of global markets and the U.S. economy. This Essay identifies a critical loophole: the President’s underappreciated power to dramatically change its legal structure—and argues that Congress should act to prevent a potential catastrophe.

Volume 174 | 2026

Online EditionOnlineExecutive

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