How Much Are Airline Rewards Really Worth? Biden Admin Probes Credit Card Programs

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CEI’s Iain Murray’s blog posting was cited in Money about vacation miles:

Iain Murray, vice president for strategy at the Competitive Enterprise Institute, wrote in a blog post Thursday that “millions of Americans use credit card air miles to plan vacations.” He also linked the hearing to the Credit Card Competition Act, which he wrote could “interfere with a well-working market” and hurt rewards programs, setting off a chain reaction that could lead to “fewer flights, fewer jobs, more crowded flights and higher fares.”

Read the full article on Money.