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Archives

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Issue Areas

News Release

Trump’s pick for Fed chair spurs doubt on key issues

  • John Berlau, Ryan Young, Steve Swedberg
  • 01/30/2026

President Trump has decided on a nominee for the next Federal Reserve chair – Kevin Warsh, financier, bank executive, and former Federal Reserve Board of…

Business and Government

Blog

Durbin-Marshall’s new provisions enable lawfare from state AGs

  • By: John Berlau
  • 01/28/2026

Even though President Trump unfortunately endorsed earlier this month the Credit Card Competition Act (CCCA) – a bill that attempts to force down fees that…

Law and Litigation

Newsweek

What Trump’s Housing Executive Order Means for Mortgages

  • By: John Berlau
  • 01/22/2026

Newsweek cited CEI’s expert on mortgage costs However, John Berlau, financial policy director at the Competitive Enterprise Institute, called Trump’s proposal “misguided” and told Newsweek…

Banking and Finance

The Washington Post

Trump has lurched to the populist Left with recent economic proposals

  • By: John Berlau
  • 01/20/2026

The Washington Post cited CEI’s expert on financial policy “It won’t get to the root of the government-induced housing shortage, it will make things…

Financial Regulation

Washington Examiner

Trump plan to bar institutional investors from homebuying faces free-market skepticism

  • By: John Berlau
  • 01/09/2026

The Washington Examiner cited CEI’s expert on housing shortage. “It won’t get to the root of the government-induced housing shortage, it will make things worse,”…

Banking and Finance

News Release

Trump ban on institutional investors will harm housing affordability

  • John Berlau
  • 01/07/2026

President Trump today called for a government ban on “large institutional investors” purchasing single-family homes. While the ban may be aimed at making housing…

Banking and Finance

Blog

Possible Fed pick Warsh has government-backed crypto problem

  • By: John Berlau
  • 12/23/2025

Kevin Warsh, financial executive and former Federal Reserve governor, is now reportedly among the top contenders being considered to replace Jerome Powell as Fed chairman.

Banking and Finance

News Release

Rescheduling marijuana to a less restrictive category will benefit liberty and public health

  • John Berlau
  • 12/18/2025

President Trump signed an executive order today intended to fast track the rescheduling of cannabis from a Schedule I substance, the same as heroin,…

Health and Safety

Blog

Government shouldn’t engage in debanking or forced banking

  • By: John Berlau
  • 12/18/2025

December is turning into a month in which Congress and Trump administration financial regulators are attempting to tackle debanking – the closure of accounts or…

Banking and Finance

Letters

CEI Joins Center for Freedom and Prosperity to Highlight Urgent Need for Reform at the SEC

  • By: John Berlau
  • 12/05/2025

Dear President Trump: We are writing to highlight an important issue that directly impacts your administration’s efforts to democratize access to the alternative investments in…

Financial Regulation

Blog

CEI warns House committee of dangers of deposit insurance hike

  • By: John Berlau
  • 11/21/2025

Starting with our late founder and president Fred Smith, CEI has long warned of the risks posed by government-provided deposit insurance to the nation’s banks.

Insurance

Comment

The Future of Deposit Insurance: Assessing Coverage Levels, Systemic Costs, and Depositor Confidence

  • By: John Berlau
  • 11/17/2025

Hearing Entitled: The Future of Deposit Insurance: Exploring the Coverage, Costs, and Depositor Confidence Dear Chairman Hill and Ranking Member Waters, On behalf of the…

Banking and Finance

News Release

Visa and Mastercard settlement with US merchants will cause confusion for consumers and harm community banks

  • John Berlau
  • 11/10/2025

Visa and Mastercard have reached a settlement in their 20-year-long legal battle with US merchants. The settlement gives merchants the ability to reject reward-based credit…

Banking and Finance

News Release

CFPB budget woes underscore fundamental problems with bureau’s set up

  • John Berlau
  • 11/04/2025

The Consumer Financial Protection Bureau (CFPB) may run out of money soon, according to news reports. The bureau has been controversial from the start due…

Financial Regulation

Comment

Comments urging withdrawal of Chopra CFPB open banking mandate

  • By: John Berlau
  • 10/21/2025

Dear Acting Director Vought: On behalf of the Competitive Enterprise Institute, I appreciate the opportunity to submit comments on RIN 3170-AB39, CFPB’s reconsideration of issues…

Banking and Finance

Letters

CEI joins coalition Letter against caps on stablecoin rewards

  • By: John Berlau
  • 10/16/2025

RE: Coalition in Support of Preserving Consumer Rewards and Competition in Digital Asset Legislation Dear Chairmen Scott and Boozman, Ranking Members Warren and Klobuchar, and…

Financial Regulation

Blog

Katie Porter’s exchange with CFPB’s Kraninger revisited amid new revelations

  • By: John Berlau
  • 10/14/2025

A recently surfaced clip of former Rep. Katie Porter (D-CA) has sparked a firestorm online. In a newly revealed 2021 video revealed published by…

Financial Regulation

The Daily Signal

Is a Leftist-Created Corner of the Bureaucracy Defying the Government Shutdown?

  • By: John Berlau
  • 10/14/2025

The Daily Signal cited CEI’s expert on the CFPB Despite limits, with Vought at the helm, the CFPB has been headed in a more positive…

Deregulation

Letters

CEI joins a coalition in Protecting Consumer Data: Why the CFPB Must Abandon Biden’s Flawed Open Banking Rule

  • By: John Berlau
  • 10/09/2025

Dear Acting Director Vought: We commend the bureau for acknowledging the flaws in the Personal Financial Data Rights rule promulgated under the Biden administration. We…

Banking and Finance

Blog

Trump 401(k) EO helps equalize access to alternative assets

  • By: John Berlau
  • 09/25/2025

For more than a decade at CEI, I have argued that holders of 401(k)s and other defined-contribution plans should have maximum choice in the investments…

Banking and Finance

News Release

Trump’s call to end corporate quarterly reporting mandates would boost competitiveness, end onerous regulation

  • John Berlau
  • 09/15/2025

President Trump today used a social media post to call on the SEC to end quarterly reporting mandates for publicly traded companies and instead move…

Business and Government

Blog

Trump’s Intel stake and the Peronist precedent of Obama’s auto bailouts

  • By: John Berlau
  • 09/09/2025

President Trump’s decision to take a 10-percent ownership stake in chipmaker Intel has been described by many commentators as “socialism.” Others have…

Business and Government

Letters

CEI joins coalition with TPA in Opposition to Increasing FDIC Deposit Insurance Limits

  • By: John Berlau
  • 09/09/2025

Dear Chairs Scott and Hill, and Ranking Members Warren and Waters, We, the undersigned organizations, representing millions of taxpayers and consumers nationwide, write to express…

Financial Regulation

Blog

Trump EO on debanking is a mixed bag for financial freedom

  • By: John Berlau
  • 08/08/2025

President Trump’s new Executive Order (EO) on debanking correctly decries the weaponization of the financial regulation, and contains many good provisions preventing government regulators…

Banking and Finance

Forbes

Trump Must End Dodd-Frank’s Backdoor Tariffs Blocking Critical Minerals & Impoverishing Congo

  • By: John Berlau
  • 08/01/2025

Amid controversies over tariffs and their effects, one particularly destructive barrier to trade has gone overlooked: restrictions on “conflict minerals” that exacerbate poverty in the…

RealClear Markets

Michelle Bowman’s Reforms Will Help Reverse Dodd-Frank Damage

  • By: Harrison Cerone, John Berlau
  • 07/22/2025

America’s community banks are disappearing and forming more infrequently. These local lenders once dotted every city and small town, offering small business loans, farm credit,…

Deregulation

Blog

Predicting a brighter regulatory future for prediction markets

  • By: Harrison Cerone, John Berlau
  • 07/16/2025

CEI scholars have many skills, but predicting the future is not one of them. However, when it comes to prediction markets, based on recent events,…

Business and Government

Blog

House should follow Senate in slashing BBB’s remittance tax–or eliminate it entirely

  • By: Harrison Cerone, John Berlau
  • 07/01/2025

President Trump has made it clear that he wants a budget reconciliation package on his desk by July 4. In its final version of the…

Banking and Finance

Blog

GENIUS Act needs free market fixes before it graduates to law

  • By: John Berlau
  • 06/18/2025

Yesterday, the US Senate voted to approve a regulatory regime for stablecoins. This vote represents one of the most significant milestones for cryptocurrency since the…

Banking and Finance

News Release

Courts should allow CFPB to vacate case against small mortgage firm

  • John Berlau, Stone Washington
  • 06/13/2025

U.S. District Judge Franklin Valderrama on June 12 denied a request by the Consumer Financial Protection Bureau to vacate a Biden-era settlement against the Chicago-based mortgage…

Financial Regulation

Politico

The lose-lose housing market

  • By: John Berlau
  • 06/04/2025

Politico cited CEI’s coalition letter addressing prediction markets First in MM: Free market advocates want to free the betting markets — More than a dozen…

Financial Regulation

News Release

Coalition urges Commodity Futures Trading Commission cut red tape on prediction markets

  • John Berlau
  • 06/04/2025

The Competitive Enterprise Institute today sent a coalition letter to the Commodity Futures Trading Commission (CFTC) urging it to adopt a policy of permissionless innovation…

Trade and International

Letters

CEI leads a Coalition Letter to End CFTC Red Tape Prediction Markets

  • By: John Berlau
  • 06/04/2025

Dear Acting Chair Pham and Commissioner Johnson: As leaders of conservative and free-market groups, we believe that government should not stand in the way of…

Deregulation

Testimony

Testimony of John Berlau: Enhancing Competition: Shaping the Future of Bank Mergers and De Novo Formation

  • By: John Berlau
  • 05/14/2025

Chairman Barr, Ranking Member Foster, and honorable members of this Subcommittee, thank you for this opportunity to present testimony on behalf of my organization, the…

Banking and Finance

PYMNTS

Bankers Tell Congress Regulation Hinders M&A and ‘De Novo’ Formation

  • By: John Berlau
  • 05/14/2025

PYMNTS cited CEI’s expert on bank mergers and de novo banks “In every business sector, new entrants are essential to the functioning of a competitive,…

Financial Regulation

Blog

Under Biden or Trump, taxing carried interest is stupid and destructive policy

  • By: John Berlau
  • 05/12/2025

No matter who’s in charge of the presidency or Congress, flawed proposals to close the so-called carried interest loophole just keep coming back. News outlets…

Financial Regulation

Blog

Congress should overturn harmful anti-bank merger regulation

  • By: John Berlau
  • 05/08/2025

Yesterday, the Senate approved a resolution pursuant to the Congressional Review Act to overturn a regulation from the Biden administration that would sharply restrict…

Antitrust

Blog

Let prediction markets predict – elections, sports, and other topics

  • By: John Berlau
  • 05/06/2025

In the 2024 presidential election, one of the big winners was prediction markets. During the weeks leading up to election day, venues such as Kalshi,…

Deregulation

Blog

Regulators right to approve Capital One/Discover merger

  • By: John Berlau
  • 04/21/2025

On Friday, federal financial regulators made the right decision in approving the merger of Capital One and Discover. In their joint approvals of the merger,…

Antitrust

Blog

Paul Atkins is an excellent choice to lead the SEC

  • By: John Berlau
  • 04/11/2025

On Wednesday, the Senate confirmed Paul S. Atkins to serve as chair of the Securities and Exchange Commission (SEC). As I have stated before,…

Deregulation

News Release

President Trump announces Executive Orders aimed at slashing overregulation within federal agencies: CEI analysis

  • Clyde Wayne Crews, James Broughel, John Berlau
  • 04/10/2025

On Wednesday, President Trump announced several Executive Orders aimed at slashing overregulation in federal agencies through sunsetting and repealing outdated or unnecessary rules. The Orders…

Deregulation

News Release

CFPB seeks to un-do lawsuit against small mortgage firm: CEI statement

  • John Berlau, Stone Washington
  • 03/27/2025

The Consumer Financial Protection Bureau this week took the unusual step of requesting to vacate a lawsuit and settlement penalizing a small Chicago-based mortgage…

Banking and Finance

Letters

CEI joins ATR Coalition Urging CRA on Medical Debt Rule

  • By: John Berlau
  • 03/26/2025

Dear Member of Congress, We are writing to express our concerns regarding the Consumer Financial Protection Bureau’s finalized rule on eliminating medical debt records from…

Healthcare

Letters

CEI joins ATR to address the Consumer Financial Protection Bureau’s last-minute efforts to expand its own regulatory authority to govern digital wallets and overdraft fees.

  • By: John Berlau
  • 03/26/2025

Dear Member of Congress: We, the undersigned organizations and individuals, urge you to address the Consumer Financial Protection Bureau’s (CFPB) last-minute efforts to expand its…

Banking and Finance

Letters

CEI joins ATR coalition letter in opposition of Credit Card Competition Act

  • By: John Berlau
  • 03/26/2025

We, the undersigned organizations, oppose efforts to impose price controls on credit cards. Whether through the inaccurately named Credit Card Competition Act or price…

Financial Regulation

Letters

CEI Joins ATR in opposition to the Internal Revenue Service’s midnight rulemaking on digital asset brokers.

  • By: John Berlau
  • 03/25/2025

Dear Member of Congress, We, the undersigned organizations, write to express our opposition to the Internal Revenue Service’s midnight rulemaking on digital asset brokers.

Financial Regulation

Law and Liberty

A Revolution Against Regulation

  • By: John Berlau
  • 03/20/2025

One of the great threats to freedom in the United States today is what we at the Competitive Enterprise Institute call “…

Deregulation

Blog

Trump SEC makes tremendous progress against crypto-stifling regulation

  • By: John Berlau
  • 03/19/2025

Gary Gensler’s SEC worked at a frenetic pace to shut down innovation in the crypto sector. Without rhyme or reason, the Biden-Gensler SEC moved fast…

Banking and Finance

Blog

Trump EO on crypto reserves rightly eschews government purchases

  • By: John Berlau
  • 03/07/2025

After much anticipation, President Donald Trump’s newly issued executive order (EO) on a “Strategic Bitcoin Reserve” and “digital asset stockpile” does not call for…

Banking and Finance

News Release

Trump administration appoints free market champion Mark Calabria to OMB post: CEI statement

  • John Berlau
  • 02/25/2025

The Trump administration has appointed free market advocate Mark Calabria as Office of Management and Budget (OMB) Associate Director for Treasury, Housing, and Commerce. CEI’s…

Business and Government

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