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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…
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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.
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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.
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Confessions of a Recovering Bureaucrat
Neither clarity nor efficiency in government has improved in the past eight decades.
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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…
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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…
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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…
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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…
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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.
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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…
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Rethinking the Federal Deposit Insurance Corporation
Federal deposit insurance creates a systemic problem of moral hazard.
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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…
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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…
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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.
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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.
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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.
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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.
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There is No Consumer – or Small Business – Case for the Durbin Amendment
Two new studies demonstrate that there is no consumer case for keeping the Durbin Amendment, and neither is there a small business case for doing…
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European Populism Is Nationalist Conservatism
As European conservative governments deploy authority and ignore economic forces, it is likely that the problems facing their nations will intensify rather than decrease.
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A ’21st Century Glass-Steagall’ Would Be Bad for the Financial System
A UK-style "ring-fencing" plan for banking regulation would be a bad idea.
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Congress Should Reject CFPB Prepaid Card Rule
One reason why the Consumer Financial Protection Bureau (CFPB) has engendered such controversy is because it was set up on a false premise. As I…