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New Federal Reserve Study Is Surprisingly Upbeat on Stablecoins
Amid the Biden administration’s onslaught against cryptocurrencies, new research from the Federal Reserve surprisingly paints stablecoins in a positive light. In a new Fed…
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Treasury Department Report Endorses Deregulation to Boost the Booze Business
It isn’t often that a Democratic administration endorses deregulation, but that is exactly what the Treasury Department does in a new report on promoting…
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This Week in Ridiculous Regulations
Inflation reached an annualized rate of 7.5 percent, with prices going up 0.6 percent just in January. This is highest reading in 40 years.
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Judge Orders Administration to Cease Using the Social Cost of Carbon
Today, in a sweeping ruling from the Western District of Louisiana, Judge James D. Cain, Jr. ruled that the Biden administration must shelve its…
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This Week’s Civil Forfeiture Outrage (Eleventh in a Series: Highway Robbery in California)
The bandit is the scourge of the traveler. In less developed parts of the world, travelers risk encountering bandits even today. Sometimes the bandit claims…
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Reciprocal Switching Is a Bad Idea at a Bad Time
The Surface Transportation Board has resurrected a bad idea it considered in 2012 and 2016—mandated reciprocal switching for freight railroads. For background, you can’t do…
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New Export-Import Bank President Has Opportunities for Reform
Reta Jo Lewis is about to become the next president of the Export-Import Bank. The Senate confirmed her nomination yesterday. Called Ex-Im for short,…
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Steel Tariffs against Japan Lifted, Kind of
President Biden is taking a small step toward tariff relief. Japan’s first 1.25 million metric tons per year of steel exports to the U.S.
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New Hampshire Considers Major Forfeiture Reform
The New Hampshire state legislature’s House Committee on Criminal Justice and Public Safety is considering a significant change to the Granite State’s forfeiture laws:…
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Don’t EARN IT
Bad policy made with good intentions still delivers poor results. That is the case with the Eliminating Abusive and Rampant Neglect of Interactive Technologies…
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New Mexico Should Reject Interest Rate Limit Base on Federal Mismeasurement
There is an old saying that “a lie can travel halfway around the world while the truth is still putting on its shoes.” It has…
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This Week in Ridiculous Regulations
The U.S. government’s debt reached $30 trillion last week. Antitrust target Facebook lost users last quarter for the first time in its history,…
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U.S. Geological Survey Study Underscores Extent of Import Dependence for Critical Minerals
The U.S. Geological Survey’s recent report, Mineral Commodity Summaries 2022, documents the significant extent to which America relies on imports of numerous critical minerals,…
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Good News for Facebook Competitors, Bad News for the FTC’s Antitrust Case
Thursday brought some interesting news, none of which were kind to the Federal Trade Commission’s (FTC) antitrust case against Facebook. First, Facebook’s number of…
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Protect Consumers, Not Competitors
The Open App Markets Act (S. 2710) is the latest in a parade of antitrust legislation aimed at reining in “big tech” companies that…
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The America COMPETES Act’s Outbound Investment Review Framework Threatens U.S. Global Economic Competitiveness
Earlier this week, the House of Representatives introduced a bill, the America COMPETES” Act (H.R. 4521; the backronym is for ‘‘America Creating Opportunities for…
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The COMPETES Act Is a Bad Idea. Here’s What Congress Should Do Instead
The 2,912-page America COMPETES Act (H.R. 4521; the backronym is for ‘‘America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength’’) is the…
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Even Most Democrats Favor Right to Work Laws
For being so controversial, right to work laws are pretty popular. A majority of states, 27, have them and even Democrats will give…
![Indiana Beverage Bill Helps [Some] Businesses by Harming Consumers](https://cei.org/wp-content/uploads/2022/01/Spirits-GettyImages-1306196045-578x324-c-default.jpg)
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Indiana Beverage Bill Helps [Some] Businesses by Harming Consumers
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This Week in Ridiculous Regulations
GDP grew 5.7 percent during 2021, giving further evidence of a strong economic rebound from the COVID-19 pandemic. Even so, Congress is now considering…
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Social Cost of Carbon – Pretzel Logic Cannot Save NetZero Agenda
A new paper by economists Nicolas Stern, Joseph Stiglitz, Kristina Karlson, and Charlotte Taylor calls upon the Biden administration to set a “social cost of carbon…
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Rising Pay Undermines Push for Increasing the Minimum Wage
A Department Labor report released Friday shows wages rising 4.5 percent, evidence that the Biden administration’s plan to raise the federal minimum wage…
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This Week’s Outrage (Which, Again, Touches on Civil Asset Forfeiture)
Last week, the Birmingham News published a scorching expose of police practices in the little town of Brookside, Alabama (population 1,253). Brookside has no…
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CEI Leads Coalition Letter to Department of Energy Defending Freedom of Choice for Light Bulbs
As I described in my recent Wall Street Journal op-ed, A Regulatory Burden For Every Room In Your House, the Biden administration has embarked…
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Biden’s Vaccine Mandate Is Still a Bad Idea Even If Properly Enacted
The best that can be said about the Biden administration’s decision to withdraw the executive order for its COVID-19 vaccine mandate and instead try to…
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A Dangerous Antitrust Game for Microsoft and Consumers
Microsoft’s couldn’t have picked a more inauspicious day to announce its planned acquisition of gaming company, Activision Blizzard. The news came concurrently with antitrust regulators…
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Better Ways to Fight Poverty than the Minimum Wage
Every January, states and cities across the country raise their minimum wages. There are also calls to raise the federal minimum wage, which has stayed…
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This Week in Ridiculous Regulations
A major antitrust bill from Sen. Amy Klobuchar (D-MN) is poised to hit the Senate floor without a proper hearing. Considering its contents, one…
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Court Enjoins Enforcement of Federal Workforce Vaccine Mandate
The Biden administration has promulgated four COVID-19 vaccination mandates. Two were issued via administration regulations and were recently reviewed by the Supreme Court. For…
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CFPB’s Dodd-Frank Race and Gender Data Collection Mandates Will Harm Financial Inclusion
In mid-2020, on the 10th anniversary of the Dodd-Frank financial overhaul being rammed through Congress and signed by then-President Obama, I catalogued the damage…
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This Week’s Civil Forfeiture Outrage (Tenth in a Series: Baltimore Edition)
This Baltimore Brew news story describes how the Baltimore Police Department (BPD)—like many police departments around the country—seizes millions of dollars, thousands of weapons,…
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As Numbers Stagnate, Unions Continue to Look to Congress For Salvation
The Department of Labor’s latest statistics confirm that the union movement in the U.S. remains stagnant and slowly declining. Only 10.3 percent of U.S.
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The American Innovation and Choice Online Act Would Regulate Away Consumer Benefits
Perhaps Congress’ enthusiasm for ongoing government oversight of business decisions, embodied in tomorrow’s closed door markup of the American Innovation and Choice Online Act…
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Comments on Department of Labor Pension ESG Rule
At the end of last year, the Department of Labor (DOL) published a notice of proposed rulemaking seeking to rewrite rules on pension fund…
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Six Myths about Bitcoin Energy Use
Newsweek: Bitcoin Mining on Track to Consume All of the World’s Energy by 2020 Bloomberg: What if there were a safe digital currency…
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Larry Fink and BlackRock Pulling Back on “Woke” Investing?
Larry Fink and his team at BlackRock seem to have heard the growing roar of opposition to politicized investing that is emerging in the United…
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In Russia, Government Tells Internet What to Say
As a general rule, if you’re on the same regulatory page as Russia, you should probably turn the page—if not set fire to it. But…
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This Week in Ridiculous Regulations
Happy Martin Luther King, Jr. Day, everyone. Inflation hit a 40-year high last week. Meanwhile, agencies issued new rules ranging from French dressing freedom to…
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This Week’s Civil Forfeiture Outrages (Ninth in a Series: Texas Edition)
There is a big difference between being accused of misconduct and a court finding of misconduct. Nonetheless, the recent accusations leveled against Nathan Johnson, the…
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The Fed Is Not a Climate Regulator
On Tuesday, January 11, the Senate Banking Committee held a hearing on the re-nomination of Jerome Powell to be Federal Reserve chairman. If Powell…
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Equity Crowdfunding Success Should Spur Further Deregulation
Equity Crowdfunding (Reg CF), the innovative tool that allows middle class people to invest in early-stage companies, has now topped $1.1 billion in investment.
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CEI’s Advice to the Federal Energy Regulatory Commission: Steer Clear of Climate Policy
On Friday, January 6, CEI submitted comments on the Federal Energy Regulatory Commission’s November 2021 Technical Conference on Greenhouse Gas Mitigation under Sections…
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Sustainable Aviation Fuel Provisions In Build Back Better – A Slippery Slope?
There are many carrots for low-carbon alternatives to fossil fuels in the Build Back Better legislation passed by the House and now being considered…
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This Week in Ridiculous Regulations
Teachers’ unions continued to make an eloquent case for school choice by shutting down schools in major cities like Chicago. The country also observed the…
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Supreme Court Hears Oral Arguments over Vaccine Mandates
Today the Supreme Court heard over three hours of oral arguments on two of the Biden administration’s COVID-19 vaccine mandates. In the first case,…
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This Week’s Civil Forfeiture Outrage (Eighth in a Series)
I wish it were harder to find forfeiture outrages to write about, but they keep popping up. This week, I focus on Massachusetts. Here’s a…
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Retro Book Reviews: A Capitalism for the People: Recapturing the Lost Genius of American Prosperity by Luigi Zingales (Basic Books, 2012)
University of Chicago economist Luigi Zingales’s book A Capitalism for the People: Recapturing the Lost Genius of American Prosperity, which celebrates its 10th anniversary…
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An Option Isn’t an Option When It’s Mandatory, Even Online
Later this year, Instagram users will have the option of a chronological feed of the accounts they follow. This option is already available to…
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Which Classic Books Deserve a Retro Review in 2022?
Every year, there’s a tsunami of new books about economics, politics, and public policy that are full of hot takes and policy recommendations. In any…
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America Can Keep Its Cool If Senate Rejects Kigali Amendment
The Biden administration apparently wants to add air conditioning to the long list of items becoming more expensive. This latest threat to consumers comes from…