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Free the Economy Episode 12: Consumer Welfare and Big Government with Patrick Hedger
This week we talk about the drama with Silicon Valley Bank and the proposal from Wayne Crews for an Abuse-of-Crisis Prevention Act, how…
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Congress, Please Reform the Consumer Financial Protection Bureau
My Competitive Enterprise Institute (CEI) colleague Devin Watkins recently testified on Capitol Hill before the House Financial Services Subcommittee on Financial Institutions and Monetary…
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CEI Advises CEQ to Withdraw Its NEPA Guidance on Greenhouse Gas Emissions and Climate Change
Last week I submitted comments advising the Council on Environmental Quality (CEQ) to withdraw its proposed guidance on consideration of greenhouse gas (GHG)…
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The Risks of Bailing Out Silicon Valley Bank’s Uninsured Depositors and How to Make the Banking System Resilient
On Sunday evening, the Biden administration decided that all customers of the failed Silicon Valley Bank will have their millions and possibly billions in the…
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Why Congress Must Think Twice About Adopting Biden’s Brazen Budget Proposal
Last Thursday, President Joe Biden finally unveiled his budget proposal for the upcoming fiscal year 2024. This marks the third straight year that Biden…
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Congress Should Appropriate Money for the CFPB Through the Congressional Appropriation Process
Last week, I had the honor of testifying before the House Financial Services Subcommittee on Financial Institutions and Monetary Policy on how Congress should…
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This Week in Ridiculous Regulations
President Biden released a $6.8 trillion proposed budget. The labor force grew by 311,000 people in February. Meanwhile, agencies issued new regulations ranging…
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What Are Administrative Law Courts? Why Do They Matter?
The judicial branch is presumably an independent branch of government, alongside the legislative and executive branches. But many regulatory agencies have their own in-house court…
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Regulatory Reform in the 118th Congress: The ALERT Act
Transparency is a vital part of good government. It is also lacking in the regulatory process. H.R. 262, The All Economic Regulations are Transparent…
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The War On Natural Gas – Pipeline Edition
The Biden Administration’s climate change-inspired war on natural gas continues on multiple fronts. Most recently in the news are the regulatory attempts to curtail the use…
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Free the Economy Episode 11: True Diversity and Economic Opportunity with Patrice Onwuka
This week we talk about a warning from Wayne Crews and The Wall Street Journal on the burden of over-regulation, the policy…
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Trust, but Verify via Congressional Oversight
Is the Federal Trade Commission’s request that Twitter hand over the names of “all journalists and other members of the media to whom” the social…
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Rep. Duncan Leads Letter Expressing Concern over Foreign Regulatory Overreach
I’ve written before about the UK’s Competition and Markets Authority, its main antitrust regulator. It has already blocked one US company from taking over another…
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Some Things are Just Business, Not Politics – and That’s a Good Thing
The Conservative Political Action Conference (CPAC) was the predictable venue for Newsmax CEO Chris Ruddy to portrait DirecTV’s recent decision to stop carrying the channel…
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Don’t Ban Technology of Tomorrow to Save Jobs of Yesterday
Recently in Episode 10 of the Free the Economy podcast we returned to one of our favorite topics, economic opportunity and jobs in…
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House Financial Services Committee Leans on SEC’s Gensler for More Transparency
House Financial Services Committee Leans on SEC’s Gensler for More Transparency Republicans on the House Financial Services Committee and some allies in the Senate are…
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Trust, but Verify via Congressional Oversight
Is the Federal Trade Commission’s request that Twitter hand over the names of “all journalists and other members of the media to whom” the social…
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This Week in Ridiculous Regulations
CEI published a new paper on right-to-repair legislation and held a hill briefing about regulatory reform and other topics. Meanwhile, agencies issued new…
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Congress Hands Biden His First Legislative Defeat by Overturning DOL ESG Rule Affecting Retirees
Republicans in Congress have just teed up the first major legislative rebuke to the Biden Administration’s environmental, social, and governance (ESG) policies. On Tuesday,…
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Free the Economy Episode 10: Legalize Jobs with Shoshana Weissmann
Welcome back to the Free the Economy podcast. In this week’s episode we talk about Mercatus Center’s Michael Farren’s case for the…
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How Ofcom can develop more flexible net neutrality rules for specialised services
The United Kingdom needs more flexible net neutrality rules as the Rishi Sunak government seeks to bolster the country’s leadership in emerging technologies. Creating more…
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DOL Nominee Julie Su An Aggressive Enforcer, Inept Manager
President Biden’s announcement Tuesday that he would nominate Department of Labor Deputy Labor Secretary Julie Su to replace departing Labor Secretary Mary Walsh is…
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Regulatory Reform Bills in the 118th Congress: The Article I Regulatory Budget Act
The federal government is supposed to put out an annual budget to track its spending. Why doesn’t it do the same thing for regulation? The…
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Congress must ensure more efficient and transparent broadband funding
Improved Internet connectivity can help reduce socioeconomic inequality at home and improve America’s global economic competitiveness abroad. Thanks to growing private investment, competition, and innovation,…
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New CEI Paper Outlines Problems with “Right to Repair” Legislation
At least 20 states have filed or refiled “right to repair” legislation since the start of the new year. Two states passed right to…
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This Week in Ridiculous Regulations
Last Friday marked the one-year anniversary of Vladimir Putin’s unprovoked invasion of Ukraine. CEI released a new paper on the FTC’s upcoming merger guideline…
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Fed Economist: Study Shows Danger of Government-Mandated Financial Misinformation
Study from Fed Economist Shows Danger of Government-Mandated Financial Misinformation The “Twitter Files” have made some shocking revelations about government entities…
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Covid Lockdowns Did Not Improve Outcomes: Lessons from Florida and California
My Competitive Enterprise Institute colleague Dr. Joel Zinberg is the co-author of a new report, published by the Paragon Health Institute titled “Freedom Wins:…
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Study from Fed Economist Shows Danger of Government-Mandated Financial Misinformation
The “Twitter Files” have made some shocking revelations about government entities muscling social media companies to deplatform people in the name of preventing so-called…
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We Won’t Need More Lithium for EVs if We Just Ban Cars (and the Suburbs) Instead
Seaver Wang of the Breakthrough Institute published a fascinating analysis recently on the need for more mining and resource development in order to fuel…
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Collusion Is Harmful and Illegal—Except When a Federal Agency Does It?
The Wall Street Journal reports today, thanks to FOIA requests by the Chamber of Commerce, that it appears the Federal Trade Commission (FTC) conspired…
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College-Educated Women Advance in Workforce
The Pew Research Center recently published some interesting data on women in the workforce. For the first time ever, women with college degrees have…
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Bad Trade Policy Still Bottling up Baby Formula
Scott Lincicome and Gabriella Beaumont-Smith brought us an update last week on the infant formula pipeline problems we’ve been seeing for the last…
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Free the Economy Episode 9: Unconstitutional Taxation with Dan Greenberg
Welcome back to the Free the Economy podcast. In this week’s episode we start by perusing National Review’s series on Adam Smith’s 300th…
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CFPB Court Defeat a Welcome Reminder of who Makes the Rules
The Consumer Financial Protection Bureau suffered a stinging reverse in court last week when its action against Chicago-area mortgage company Townstone Financial was dismissed.
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Happy 300th Birthday, Adam Smith
Our friends at National Review have created a fascinating publication series to celebrate the 300th anniversary of the birth of Adam Smith, legendary…
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This Week in Ridiculous Regulations
The 2023 Federal Register topped 10,000 pages on February 16. Inflation remained high, but is still below its peak. FTC Commissioner Christine Wilson…
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The Judiciary Is Skeptical of FTC Power Grabs in Meta/Within Case
The FTC tried to stop a merger between Facebook’s parent company Meta and the virtual reality app developer Within Unlimited. A court recently ruled against…
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New CEI Paper on New Merger Guidelines
Any day now, the Federal Trade Commission (FTC) will release new merger guidelines. FTC Chair Lina Khan has not yet released a draft of the…
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Regulatory Reform Bills in the 118th Congress: The Less Is More Resolution
Often, spending is regulation in disguise. The 185,000-page Code of Federal Regulations is not the only way Washington regulates the economy. The federal government…
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Hearing Shows Bipartisan Momentum for Focused Financial Deregulation
Last week, I had the honor and pleasure of testifying at the first hearing of the newly constituted Financial Institutions and Monetary Policy subcommittee…
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Shrinkflation, Slack-filling, and the Real Effects of Inflation
The Washington Post’s Laura Reiley recently raised an alarm, with a St. Valentine’s Day theme, on a consumer merchandising trend called “slack-filling.” She noted…
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Regulatory Reform Bills in the 118th Congress: The GOOD Act
Regulatory dark matter is a serious problem. Agencies are supposed to run new regulations through a formal process which includes publishing a draft version of…
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Free the Economy Episode 8: Crypto and ESG with Jennifer Schulp
Welcome back to the Free the Economy podcast. In this week’s episode we talk about the cultural impact of Super Bowl ads,…
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Less is More – EPA’s Methane Rule and the Social Cost Paradox
CEI this week submitted comments on the Environmental Protection Agency’s (EPA’s) proposed rule to establish new and more stringent methane emission standards for…
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Why the ETF is Uniquely American and Ideally Capitalist
A 30-year-old rule by the Securities and Exchange Commission succeeded in lowering barriers to entry for cheaper and more flexible investment options. In January, the…
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Mixed Inflation News for January
Today’s inflation news is mixed. We’re still almost certainly past the worst of the COVID inflation, but January’s numbers took a turn for the…
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It’s Not Just Stoves – Biden Administration Regulators Going After Many Other Appliances
Do you think that Joe Biden’s regulators are sticking to promises not to target gas stoves? Think again, and it is not just stoves but…
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This Week in Ridiculous Regulations
An earthquake killed at least 20,000 people in Turkey. President Biden delivered the State of the Union speech. Meanwhile, agencies issued new regulations ranging from…
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Are Americans Investing for Retirement or Politics?
Being able to save enough during our working lives to fund a comfortable retirement is a top concern for most American households, especially since…