The Competitive Enterprise Institute Daily Update

Issues in the News

1. FINANCE

A new report finds executives at mortgage lender Fannie Mae responsible for an $8.4 billion accounting scandal.

CEI Expert Available to Comment: President Fred L. Smith, Jr. testifies on the special privileges granted to Fannie Mae by the federal government.

2. BUSINESS

Wal-Mart announces plans to expand the coverage of its employees’ health insurance.

CEI Expert Available to Comment: Adjunct Analyst Zachary Courser on why Wal-Mart is a boon for U.S. consumers.

3. ENERGY

President Bush tours the nation touting his plan to combat the nation’s alleged “addiction” to oil.

CEI Expert Available to Comment: Adjunct Analyst Steven Milloy on why the President’s alternative energy recommendations don’t quite measure up.

4. HEALTH

Montgomery County, Maryland sues the Food and Drug Administration for permission to re-import U.S. made drugs from Canada..

CEI Expert Available to Comment: General Counsel Sam Kazman on how re-importation threatens pharmaceutical innovation.

FOR MORE INFORMATION

To contact a CEI expert for comment or interviews, please call the CEI communications department at 202-331-2273 or email to [email protected].