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OpenMarket: July 2017

  • California Governor Plans Another Climate Action Summit

    July 8, 2017

  • Conservatives International Brings Pro-Liberty Activists Together

    July 7, 2017

    Our friends at Conservatives International published a great short video this week (featuring CEI’s own Iain Murray) hilighting the major event they hosted recently in Miami, Florida. Their “Americas” conference brought together leaders from Latin America and the U.S., with allies from Europe and as far afield as Australia thrown into the mix as well. 

    CEI founder Fred L. Smith, Jr. also wrote about the Miami conference this week for...

  • 2017 Competitive Enterprise Dinner Keynote: Elaine Chao

    July 7, 2017

    The following is an excerpt from remarks delivered by U.S. Secretary of Transportation Elaine Chao at CEI’s Annual Dinner & Reception held on June 7, 2017. The theme of the event was "Through the Looking Glass."

    Thank you so much. When I was first in Washington, the President of CEI was Fred Smith. And I just saw him over there. I’m going to give a great shout out to Fred Smith. And I’m so excited to meet the new president, Kent Lassman. He is so inspiring. So full of energy. Kent thank you so much for what you so. And also I’m so excited to meet tonight’s awardee Pierre Desrochers.


    In Lewis Carroll’s beloved tail, Alice wonders what life...

  • CFPB Director Shows Contempt for Congress – President Trump Should Fire Him

    July 6, 2017

    Add another one to the long list of reasons why President Trump should fire Richard Cordray, the Director of the Consumer Financial Protection Bureau. They include spending public money to create a palace for the Bureau, evidence of widespread discrimination against women...
  • EPA Proposes Renewable Fuel Standards for 2018

    July 6, 2017

    The Environmental Protection Agency (EPA) has released its proposed renewable fuel standards for 2018, which include the proposed biomass-based diesel standard for 2019. The so-called standards are volume obligations determining how much of the specified fuels refiners, blenders, and importers must sell in the U.S. motor fuel market, subject to certain flexibilities such as credit trading. A 45-day comment period will begin when the proposal is published in the Federal Register. The agency will finalize the rule in November.

    Here are the big takeaways:

    1. For 2018, the EPA proposes a total renewable fuel volume of 19.24 billion gallons—a 0.2 percent reduction from the 2017 target of 19.28 billion gallons. A tiny rollback, to be sure, but if the...
  • Nuclear Power v. Renewable Subsidies

    July 5, 2017

  • Conservatives Oppose Forced Unionism, not Unions

    July 3, 2017

    The July/August edition of The Atlantic features an article by Jonathan Rauch, “The Conservative Case for Unions,” in which he cites Barry Goldwater and Ronald Reagan as shaping...
  • Seven Reasons to Object in Campbell v. Facebook

    July 3, 2017

    Last week, CEI’s Center for Class Action Fairness’ (CCAF) Anna St. John objected to an unfair class action settlement in Campbell v. Facebook. This case was centered around the theory that Facebook illegally analyzed URLs that users sent over private messages.

    CCAF has taken on some egregious settlements, but this one is especially ridiculous. Here are seven reasons why.

  • Don't Follow the Money

    July 3, 2017

    The July/August issue of Foreign Affairs has an excellent article by Professor Peter Neumann of King’s College London entitled: “Don't Follow the Money: The Problem with the War on Terrorist Financing.” It debunks the orthodoxy that financial surveillance has some role in controlling and countering terrorism. Simply put, terrorism is not particularly expensive. Monitoring financial flows has more costs than benefits. Those costs run into the billions of dollars for financial services firms, which pass them on to customers and shareholders in the form of higher prices and lower profits and dividends. For no security gain, we’re getting substantial financial loss.

    Another important dimension of cost are the effects on the global economy. Especially when banks are pressured to control...

  • This Week in Ridiculous Regulations

    July 3, 2017

    A recent Environmental Protection Agency rule for dental effluence caused some controversy for violating President Trump’s one-in, two-out policy for new rules. The EPA has yet to announce which two rules it is eliminating. As usual in recent months, most other recent rules are routine FAA airworthiness requirements, Coast Guard safety zones, and the like. Other new rules from the last week range from plumbing products to tart cherries.

    On to the data:

    • Last week, 108 new final regulations were published in the Federal Register, after 58 the previous week.
    • That’s the equivalent of a new regulation every one hour and 33 minutes.
    • Federal agencies have issued 1,527 final regulations in 2017. At that pace, there will be 3,054 new final regulations. Last year’s total was 3,853...


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