Blog
Continue Supply-Side Policies to Maintain Economic Growth
As my colleague Ryan Young says, four percent economic growth is wonderful news. It provides yet more evidence that free-market, supply-side policies work, and…
News Release
CEI: Second Quarter Growth Shows Free Market Policies Work, but Restrictive Trade Policies Could Harm Future Growth
The Department of Commerce announced Friday morning the U.S. economy grew by 4.1 percent in the second quarter of 2018.
Blog
Driving Innovation: Timbro Index Charts Scope of Global Sharing Economy
The Swedish think tank Timbro has published the first global index of the sharing economy. The Timbro Sharing Economy Index (TSEI) is the…
News Release
Trump, Juncker Take Surprise Cooler Heads Approach to Trade Brinkmanship
The surprise deal President Trump and EU President Jean-Claude Juncker announced today - to mutually resolve disputes over steel and aluminum tariffs and other industrial…
News Release
Trump Tariffs Will Harm US and EU
President Trump is set to meet with EU President Jean-Claude Juncker today, with trade tensions topic #1, but CEI Senior Fellow Iain Murray warns that…
Marketplace
AUDIO: Iain Murray Discusses EU Regulators Fining Google on Marketplace
Iain Murray, Vice President for Strategy at the Competitive Enterprise Institute, joined Marketplace to discuss the European Commission’s fine of Google.
Blog
Britain’s Brexit Challenge Gets Harder—and It’s Britain’s Fault
Leaving a regional trade bloc is much more difficult than entering it, as the United Kingdom is finding out. The European Union has integrated itself…
Compliance Week
Counterpoint: Chevron Case Creates Imbalance
The famous passage from James Madison in the Federalist Papers, Essay 51—“If men were angels, no government would be necessary”—reveals where the problems lie with…
Forbes
Trump’s Executive Branch Restructuring: What If The Federal Government Is Beyond Streamlining?
Can the federal government shrink? Or is the situation like the waistlines that paradoxically parallel the growth of the diet and fitness industry?…
News Release
CEI on The White House Plan to Reform and Reorganize Regulatory Agencies
Today, the White House released its much-anticipated plan for reorganizing federal government agencies. Competitive Enterprise Institute policy experts praised some of the reforms but pointed…
Blog
It’s Magna Carta Day!
In a peaceful English meadow made riotous by armed camps, King John sealed Magna Carta, the Great Charter of English liberty, 803 years ago…
Blog
It’s Not “Us vs. Them” at the G7 Meeting
Tit-for-tat retaliation for trade tariffs is a losing game for both sides. Exports are the way we pay for imports of the things we want.
The Washington Post
Trump’s Orders Show Unwavering Attack on Federal Unions, Employees
The Washington Post cited Ian Murray on the sweeping reform occurring throughout the federal government since the Trump administration instituted new procedures through which federal…
News Release
Trump Executive Orders on Civil Service Reform Are a Huge Win for Taxpayers, Workplace Equity
On news today that President Trump signed three executive orders aimed at making federal workers more accountable and better-performing, Competitive Enterprise Institute experts praised the…
Blog
A New Bibliography for the Platform Economy
The future has arrived, and it is a radically different economy. Havas Media’s Tom Goodwin pointed out in 2015, “Uber, the world’s largest taxi…
Study
Platform Economy Bibliography
View Full Document as PDF It is hardly news that the growth of the online economy has upended a wide array of…
Blog
How to Encourage Tech Competition: Deregulate Finance
It’s May Day, and in the pages of the New York Times appears a paean to the halcyon days of the 1930s, urging a…
The Hill
When a Bureaucrat Asks for Less Power, Give it to Him
Former Congressman Mick Mulvaney is now a bureaucrat — so he proclaimed at a Congressional hearing on April 18. The acting director of…
Fox Business
Dropbox IPO Shows Tech Upstarts Still Have It
The long-awaited initial public offering (IPO) by Dropbox, Inc. was a success, shares soared about 40% in the debut. The pop also tells us a…
The Wall Street Journal
Elizabeth Warren’s Boomerang
The Wall Street Journal quotes Iain Murray’s tweet on Elizabeth Warren’s complaints about the CFPB: Like Donald Trump, Ms. Warren might want…
News Release
Facebook Is Well Within Its Rights to Ban Britain First
Today, Facebook announced it removed the pages of hate group Britain First and its leaders for violating Facebook’s community standards. Vice President for Strategy…
Blog
More Evidence of Growth in February Job Figures
Today’s jobs numbers shattered expectations—313,000 new jobs in February against an expectation of 200,000. The numbers provide yet more support to the…
News Release
CEI Comments on February Jobs Report Numbers, Cautions Against Restrictive Trade Policy
CEI expert examines February's jobs numbers and cautions that the administration's trade policies have the potential to undo the positive growth:…
Blog
Trump’s Recent Trade Decisions Could Spell Doom for the Economy
With President Trump’s announcement on steel and aluminum tariffs and his continued wrong-headed approach to trade policy, there are reasons to be concerned that a…
Newsmax
Mulvaney Must End CFPB’s Big Brother Role
Just after Thanksgiving, when the drama of the dueling directors began at the Consumer Financial Protection Bureau (CFPB), I told The Washington Examiner that the new…
The Washington Times
Trump Signs Legislation to Repeal Obama-Era Arbitration Rule
The Washington Times quoted Iain Murray on the need for Congress to disapprove of the CFPB’s egregious rule against small dollar loans. President Trump signed…
The Washington Times
Protecting Consumers from Fraud and Abuse
Following Richard Cordray’s resignation as director of the Consumer Financial Protection Bureau (CFPB), the smart money is betting that President Trump will appoint Mick Mulvaney, head…
Investor's Business Daily
Competition In Technology Is More Vibrant Than It Looks
The clamor is rising for Big Tech firms to be broken up. With Amazon and Alphabet, Google’s parent company, reporting record profits, voices from both…
National Review
More Antitrust Revisionism Aimed at Big Tech
In a long but surprisingly weak story, the New York Times’ Charles Duhigg is the latest analyst to try to find an argument for why antitrust law…
National Review
Time to Fix the Consumer Financial Protection Bureau
The Trump administration’s proposed budget contains an interesting line item that isn’t mentioned in the summary text. It calls for reductions in spending at the…
New York Post
Banks Remain Quiet On Mulvaney CFPB Appointment
The New York post quoted Iain Murray about the conditions of a legal standoff surrounding the CFPB. While Washington was buzzing on Monday…
Fox Business
Trump’s CFPB won’t be Obama’s: Key ways it could be different
Fox Business cited Iain Murray on the need for focus by the CFPB on upholding existing laws rather than imposing new ones. As the battle…
Blog
Job and GDP Growth Numbers Signal Improving Economy
Today’s jobs numbers, which were modestly above expectations, are yet another sign that the economy is starting to pick up steam as a result of…
Reason
CFPB Is Constitutional, Court Rules, in Victory for Unaccountable Bureaucrats Everywhere
Reason discusses the ruling in PHH Corp. v. Consumer Financial Protection Bureau with Iain Murray. The structure of the Consumer Financial Protection Bureau (CFPB) was…
News Release
Court Ruling on Constitutionality of CFPB Keeps Bureaucrats Unaccountable
Today, the U.S. Court of Appeals for the District of Columbia Circuit issued a disappointing ruling on the constitutionality of the controversial Consumer Financial Protection…
Blog
Theory and Practice Argue We Should Abolish Antitrust Laws
Laws about competition should be restricted to laws preventing government from playing favorites. Government-erected barriers against competition or innovation need to be torn down. As…
National Review
Misplaced Trust in Antitrust
I was mystified to see Robert VerBruggen’s story in the latest issue calling for “gentle approaches” to solving what he regards as a monopoly…
USA Today
Businesses Already Serve a Social Purpose
BlackRock CEO Larry Fink’s letter to CEOs demanding that their companies “serve a social purpose” is the latest example of what economist Milton Friedman dubbed…
Fox News Channel
VIDEO: Iain Murray Discusses Shrinking Government Bureaucracy on Fox News Channel
January 15, 2018 – Iain Murray, Vice President for Strategy at the Competitive Enterprise Institute, joined Fox News Channel’s The Next Revolution with Steve Hilton…
Fox Business
Minimum Wage Hikes Sending Restaurants the Way of the Shopping Mall?
Fox Business discusses minimum wage hikes with Iain Murray. Eighteen states raised their minimum wages at the start of 2018, but increasing labor…
Fox Business
Red Robin Eliminates Bus Boys as Restaurants Combat Minimum Wage Hikes
Fox Business discusses minimum wage hikes with Iain Murray. At the beginning of January, minimum wage increases took effect in 18 states and…
Blog
New Evidence on the Effects of Teacher Unions
At a time when minimum wage laws are causing opportunities for unskilled young people to disappear, it is all the more vital that education provides…
Blog
The Top Five Reforms in Financial Regulation Needed in 2018
With the Consumer Financial Protection Bureau at last pulling back from its regulatory assault on the financial services industry, conditions are right for major…
Blog
A Consumer Financial Protection Bureau Slush Fund?
While there are many reasons to criticize the Consumer Financial Protection Bureau (CFPB), it being assigned to enforce the nation’s financial consumer protection laws…
Blog
Case of Mortgage Lender PHH Corp. Highlights CFPB’s Unconstitutional Abuses
The facts of PHH Corporation v. Consumer Financial Protection Bureau stand as a sharp example of the agency's ability to abuse its enormous power.
Fox Business
Trump’s CFPB Won’t Be Obama’s: Key Ways It Could Be Different
Fox Business discusses Mick Mulvaney’s appointment as acting director of the Consumer Financiual Protection Bureau with Iain Murray. As the battle wages on over…
The New York Post
Banks Remain Quiet on Mulvaney CFPB Appointment
The New York Post discusses Mick Mulvaney’s appointment to the Consumer Financial Protection Bureau with Iain Murray. While Washington was buzzing on Monday over…
The Washington Times
Protecting Consumers from Fraud and Abuse
Following Richard Cordray’s resignation as director of the Consumer Financial Protection Bureau (CFPB), the smart money is betting that President Trump will appoint Mick Mulvaney, head…
Blog
Confessions of a Recovering Bureaucrat
Neither clarity nor efficiency in government has improved in the past eight decades.
News Release
Video: Consumer Financial Protection Bureau Doesn’t Protect Consumers, It Harms Them
Today, the Competitive Enterprise Institute released a video that outlines how the Consumer Financial Protection Bureau (CFPB) actually harms consumers rather than “protects” them.
The Washington Times
Trump Signs Legislation to Repeal Obama-era Arbitration Rule
The Washington Times discusses the repeal of the anti-arbitration rule with Iain Murray. President Trump signed legislation Wednesday afternoon repealing the Consumer Financial Protection Bureau’s…
News Release
CEI Praises President, Congress for Stopping CFPB Arbitration Rule
Today, President Trump is expected to sign a congressional resolution of disapproval against a Consumer Financial Protection Bureau rule curtailing binding arbitration, a common form…
News Release
Competitive Enterprise Institute Praises Trump SEC Nominee, Hester Peirce
The Senate Banking Committee today voted unanimously to confirm two of President Trump’s nominees to fill vacant posts on the powerful Securities and Exchange Commission.
Wall Street Journal
VIDEO: Opinion Journal: Arbitration Vote: Lawyers Lose, You Win
Iain Murray, Vice President for Strategy at CEI, joins Mary Kissel of the Wall Street Journal to discuss the repeal of the CFPB’s anti-arbitration rule.
News Release
Senate Stops Harmful CFPB Arbitration Ban
The Senate prevented a cash grab that would have transferred wealth from consumers to the pockets of wealthy attorneys.
Blog
Treasury: CFPB’s Arbitration Rule Falls Short
The Department of the Treasury has released its analysis of the Consumer Financial Protection Bureau’s (CFPB) Arbitration Rule, which bans the use of…
National Review Online
Time for a New Fed Chairman
The establishment is…
Fox Business Network Online
The Consumer Financial Protection Bureau: Hurting Those it Was Designed to Protect?
Fox Business Network Online covers CEI’s “Case against the Consumer Financial Protection Bureau” by Iain Murray. The Consumer Financial Protection Bureau (CFPB) has been a…
Blog
Overcoming Regulatory Barriers to Serving the Underserved
How many people are pushed to the fringes of the banking system by Dodd-Frank regulations? How will the CFPB's new regulations prevent the underserved from…
National Review Online
Consumers Harmed by Consumer Protection Bureau – Again
Yesterday, the Consumer Financial Protection Bureau issued yet another rule that will harm consumers. A new rule on small dollar loans will kill off about…
The Hill
Abolish Financial Protection Bureau Before it Does More Harm
The Hill covers CEI’s “Case against the Financial Protection Bureau” by Iain Murray. With each passing week, the speculation grows that the activist liberal…
Blog
Bank Regulator Report: ‘Arbitration Rule’ on Credit Cards Will Raise Costs on Consumers
A new report from the Office of the Comptroller of the Currency refutes the Consumer Financial Protection Bureau’s argument that its Arbitration Rule will have…
Investor's Business Daily
How Can We Fix The CFPB? Shut It Down
Investor’s Business Daily covers the release of The Case against the Consumer Financial Protection Bureau by Iain Murray. Regulation: The Consumer Financial Protection Bureau’s very…
Foundation for Economic Education
London’s Uber Ban Sends it Back to the Dark Ages
When I lived in London in the 1990s, I had to use pricey Black Cabs to get around the city at night. However, heaven help…
The Daily Caller
Elizabeth Warren’s Consumer Protection Agency Should Be ‘Abolished,’ Says Think Tank
The Daily Caller covers the release of “The Case against the Consumer Financial Protection Bureau.” Consumers are being harmed by the same federal…
National Review Online
The Government Shouldn’t Collect Private Financial Information from America’s Poor
National Review covers a new rule by the CFPB in which they collect personal financial data. One area of agreement, in principle at least,…
Blog
One Solution to the CFPB’s Problems: Pass the Financial CHOICE Act
My new paper, The Case against the Consumer Financial Protection Bureau: Unconstitutionally Structured and Harmful to Consumers, which is out today, makes the case…
News Release
Report: Unaccountable CFPB Regulators Do More Harm than Good for Consumers
Today the Competitive Enterprise Institute released a report documenting the harm inflicted on ordinary consumers of financial products by a federal agency that remains…
Study
The Case against the Consumer Financial Protection Bureau
The CFPB was meant to protect American pocketbooks and property. But the unconstitutionally structured agency is harmful to consumers.
Foundation for Economic Education
People Are Complaining About iPhone X Because That’s How Innovation Works
The iPhone X has not even been released and people are already complaining about it. That shouldn’t be surprising. It is one of the…
Blog
Rideshare Drivers’ Future at Stake in Seattle
Recent events represent an existential threat to ridesharing in Seattle, and put drivers, passengers, and communities at risk of serious harm.
Study
Shrinking Government Bureaucracy
View Full Document as PDF Shrinking Government Bureaucracy is a series of policy proposals by Competitive Enterprise Institute (CEI) experts to rein in…
Foundation for Economic Education
Eventually Amazon Will Fail – and That’s a Good Thing
The Federal Trade Commission has cleared the merger between Amazon and Whole Foods, sparking yet more fears that the retail giant is becoming too…
Washington Examiner
No, Houston’s Regulation Policy Didn’t Make Hurricane Harvey Flooding Worse
When a major American city is under eight feet of water, it’s a distasteful time to play politics. That hasn’t stopped multiple media commentators looking…
C-SPAN
VIDEO: Iain Murray Discusses “Shrinking Government Bureaucracy” on Washington Journal
Iain Murray, Vice President for Strategy of the Competitive Enterprise Institute, discusses CEI’s “Shrinking Government Bureaucracy: Reorganizing the Executive Branch to Boost Economic Growth and…
National Review Online
Operation Choke Point is Over – Perhaps
Supporters of the rule of law will be overjoyed to hear that the Department of Justice has officially closed down Operation Choke Point. In…
Reason
Goodbye and Good Riddance to Operation Choke Point
Reason covers Iain Murray’s work on Operation Choke Point. A financial dragnet that ensnared porn stars, gun dealers, payday lenders, and other politically…
Blog
Rethinking the Commerce Department
If government is ever to stop growing, the supporters of limited government will need to provide a successful example of how it can be rolled…
Blog
Rethinking the Federal Deposit Insurance Corporation
Federal deposit insurance creates a systemic problem of moral hazard.
Washington Examiner
‘Drain the swamp?’ Start with the CFPB
As you muck around the D.C. swamp, there are plenty of dank crevices its denizens inhabit. Those habitats will need to be cleared away if…
Study
Rethinking the Consumer Financial Protection Bureau
View Full Document as PDF The Consumer Financial Protection Bureau (CFPB) should be abolished. In its current form, it undermines the constitutional…
Study
Rethinking the Federal Deposit Insurance Corporation
View Full Document as PDF The Franklin D. Roosevelt administration and Congress created the Federal Deposit Insurance Corporation (FDIC) during the Great…
Study
Rethinking the Department of Commerce
View Full Document as PDF The Department of Commerce’s mission statement is a charter for government interference in markets. It employs 47,000…
Blog
Congressional Leaders Call on Agency Heads to Repudiate Operation Choke Point
Five House committee and subcommittee chairmen today called on the heads of the executive branch agencies most closely connected with Operation Choke Point to repudiate…
News Release
Improving Job Numbers Emerge but Damaging Regulations Remain a Problem
The U.S. economy added 209,000 jobs in July and the unemployment rate declined to 4.3 percent, the lowest since March 2001, according to the U.S.
The Hill
The Consumer Financial Protection Bureau’s Pro-Lawyer Power Grab
Imagine you have a dispute with your credit card company. Currently, you can go to an arbitration body, where the card company will almost certainly…
Blog
Finance Regulators Reject All Critiques, Plow Ahead with Arbitration Rule
CEI will continue to work to overturn the CFPB's arbitration rule and restore the ability of consumers to enter into arbitration agreements, saving them time…
Blog
CFPB Director Shows Contempt for Congress – President Trump Should Fire Him
Add another one to the long list of reasons why President Trump should fire Richard Cordray, the Director of the Consumer Financial Protection Bureau.
OneNewsNow
Up for Debate: Is Amazon Getting Too Big?
OneNewsNow discusses the Amazon-Whole Foods deal with Iain Murray. A free market strategist says consumers shouldn’t worry about Amazon gaining a monopoly on…
The Conservative
Trade’s Real Enemy Is Regulation
Free trade has brought countless benefits over the past two centuries. It allows for specialisation among nations that has brought down the cost of living…
News Release
CEI Praises EPA Decision to Repeal Disastrous Waters of the U.S. Rule
This week the Environmental Protection Agency (EPA) moved to repeal the Obama administration’s Waters of the United States (WOTUS) rule. This rule expanded federal oversight…
News Release
CEI Calls European Union Ruling and Fine in Antitrust Case Against Google “Flawed”
In a landmark ruling on Tuesday, the European Union fined Alphabet Inc’s Google, a record $2.7 billion dollars, for favoring its own search entity…
News Release
CEI Comments on Amazon’s Plan to Buy Whole Foods
Amazon’s recent announcement of its plan to buy the grocery chain Whole Foods has set off a series of questions and speculation. CEI experts on…
Politico
CEI Weighs in on Treasury Report
Politico covers CEI’s Iain Murray’s response to the Treasury report released on June 12, 2017 The free-market group Competitive Enterprise Institute has mostly…
Cayman Financial Review
The Internet of Payments and the Future of Banking: Crisis and Opportunity
Imagine a world where your washing machine can recognize it needs more detergent and orders it for you. Now imagine a world where your self-driving…
Blog
Treasury Report Good First Step towards Financial Reform
CEI welcomes many of the recommendations and looks forward to the further three reports in the series.
National Review
Here’s Three Things the President Should Do in His Executive Reorganization
Today is the last day for the public to submit ideas for the reorganization of the executive branch that the President announced in his…
National Review
The Top Ten Reasons to Pass the Financial CHOICE Act
It’s no secret that the Dodd-Frank Act did for Americans’ access to financial services what Obamacare did for their access to health insurance. In…
Blog
Capitalism for the Little Guy
One of the single greatest achievements in human history has been playing out almost unnoticed over the past few decades.
Blog
The Clear Case for Restructuring the Consumer Financial Protection Bureau
The Financial CHOICE Act would go a long way towards righting the wrongs inflicted on American financial consumers by this erroneously-named agency.