Access to affordable credit helps me pay my employees, but I don't really need it.

Infliction is killing me!

But who cares? Big retailers are making record profits!

That's why we support the Durban Marshall Credit Card Bill!

See? Banks and credit unions help small businesses make payroll.

This bill would cut the vital resources they need.

While increasing megastore profits, they deserve it. Don't they?

Tell Congress, stop the Durban Marshall money grab for corporate megastores.

Paid for it by the Electronic Payments Coalition.

From the opinion pages of the Wall Street Journal, this is Potomac Watch.

President Trump moves to ease oil and gasoline supply constraints in the United States by waiving the 1920 Jones Act for another three months,

giving foreign ships permission to carry American energy between U.S. ports,

an act of commerce that is otherwise illegal.

Welcome, I'm Kyle Peterson with the Wall Street Journal.

We're joined today by Colin Grabo of the Libertarian Cato Institute.

He's the associate director of the think tank's trade policy studies, and for years now, he has been a Jones Act public enemy number one.

For the uninitiated, the Jones Act is the nickname of the Merchant Marine Act of 1920, which says the ship's carrying cargo between any U.S. points must be American built, American flagged, 75% American owned, and 75% American crude.

Free marketers have long disliked this law as a protectionist measure that raises prices and distorts economic thinking.

But President Trump has now created an interesting test.

In recent decades, the Jones Act has been waived for pretty limited purposes and times periods, such as to help rush aid to hurricane victims after a big storm comes through the Caribbean. But President Trump has now suspended for five months to ease energy supply constraints.

Colin, I know you've looked at the maritime and trade data

showing what shipments are being made. What can we gather so far, even with months to go in this

...