Stone Washington is a Research Fellow with the Competitive Enterprise Institute’s Center for Advancing Capitalism. At CEI, his research primarily focuses on financial market developments, ESG investing, agency adjudication, and securities regulation. Prior to his current role at CEI, Stone served as a trainee with the U.S. Securities and Exchange Commission in the Division of Examinations. Before this, he worked as a research assistant for the Manhattan Institute, assisting several Senior Fellows with policy projects in the areas of legal policy, public sector unions, and higher education.
Outside of CEI, Stone is pursuing a PhD in Public Policy and Public Administration from George Washington University. His doctoral research focuses on how the U.S. Supreme Court’s decision-making process is influenced by the policy interests of federal agencies and nonprofit interest groups. In the past, he served as a Frédéric Bastiat Fellow within the Mercatus Center’s academic programs. He was also a teaching assistant in Clemson University’s Department of Political Science and as a graduate writing fellow in the Pearce Center for Professional Communication. Stone was listed in the 76th edition of the Marquis Who’s Who in America. Stone is a public speaker and an avid writer, having been published across a number of media outlets, including National Review, the American Spectator, the Wall Street Journal, the Washington Examiner, Discourse Magazine, and City Journal.
Authored by Stone Washington
News
Courts should allow CFPB to vacate case against small mortgage firm
U.S. District Judge Franklin Valderrama on June 12 denied a request by the Consumer Financial Protection Bureau to vacate a Biden-era settlement against the Chicago-based mortgage…
CFPB seeks to un-do lawsuit against small mortgage firm: CEI statement
The Consumer Financial Protection Bureau this week took the unusual step of requesting to vacate a lawsuit and settlement penalizing a small Chicago-based mortgage…
Report: SEC climate disclosure rule complicated by EU, California
A new Competitive Enterprise Institute report explains the problem businesses face complying with complicated, disparate climate disclosure rules imposed by multiple governments – the federal…
Blog
EU downsizes and delays its climate disclosure policy
- By: Stone Washington
The European Union (EU) is undergoing a major reality check regarding its climate disclosure policy for corporations. Its executive arm, the European Commission, has significantly…
The CFPB director’s dominance over adjudication must end
- By: Stone Washington
On behalf of CEI, I submitted a new comment to the Consumer Financial Protection Bureau (CFPB) calling on the Bureau to rescind one…
How IAIS advances DEI policies
- By: Stone Washington
As explained in an earlier blog post, the National Association of Insurance Commissioners (NAIC) has drifted away from its mission and is actively working…
Op-Eds/Articles
RealClear Markets
Book Review: Norbert Michel & Jennifer Schulp’s ‘Financing Opportunity’
- By: Stone Washington
America is the wealthiest nation on earth, with financial markets that are the envy of the world. Those markets have contributed to America’s rise for…
RealClear Energy
SEC’s Climate Risk Disclosure Rule Would Compel Companies to Make Scientifically False and Misleading Disclosures
- By: Stone Washington
In March last year, the Securities and Exchange Commission issued its climate risk disclosure rule, called “The Enhancement and Standardization of Climate-Related Disclosures for Investors.” …
Op-Ed: Why states should avoid the temptation to tax unrealized gains
- By: Stone Washington
Prospects for a federal wealth tax could be nil in the Trump era, but states – specifically blue states – may be tempted to take…
Studies
Climate Disclosure’s Triple Threat
- By: Stone Washington
Introduction Financial regulators from the US federal government, California, and Europe have each recently adopted climate disclosure rules for companies. These environmental, social, and governance…
Climate Disclosure Spam
- By: Stone Washington
Introduction “Despite cost-saving changes from the proposed rule, the final rule will prove expensive for public companies and their shareholders who will be paying for…
Adam Smith’s guide to life, loveliness, and the modern economy
- By: Christopher Culp, Fred L. Smith, Jr., Iain Murray, Jeremy Lott, John Berlau, Kent Lassman, Ryan Young, Stone Washington
Introduction: Going strong at 300 Ryan Young This essay collection celebrates Adam Smith’s 300th birthday. He is best known for being the first modern economist,…
Citations
Reason
Abolish the Securities and Exchange Commission
- By: Stone Washington
Reason cites CEI’s expert on the magnitude of SEC compliance costs Besides, the costs of SEC compliance are staggering. Looking at the climate disclosure rule…
Inman
Redlining settlement wouldn’t resolve 1st Amendment questions
Inman cited CEI’s experts on Consumer Financial Protection Bureau In an April 2023 Wall Street Journal op-ed, CEI fellows John Berlau and Stone…
Freedom Works Radio Show
Freedom Works Radio Show
- By: Stone Washington
Freedom Works Radio Show interviewed one of CEI’s experts on corporate shareholder representation Listen to Freedom Works Radio Show for more…
Regulatory Comments
CEI comments on CFPB: Rules of Practice for Adjudication Proceedings
- By: Stone Washington
Dear Director Vought: I am grateful for the opportunity to comment on the proposed rulemaking of the Consumer Financial Protection Bureau (CFPB or Bureau)…
Regulatory Comment on 88 FR 89410
- By: Stone Washington
To the Honorable Rostin Behnam, Chairman of the Commodity Futures Trading Commission, and the Honorable Commissioners Kristen N. Johnson, Cristy Goldsmith Romero, Summer K. Mersinger,…
CEI comments on SEC’s proposed adoption of NYSE listing standards for “Natural Asset Companies”
- By: Stone Washington
TO: Securities and Exchange Commission FROM: Stone Allen Washington; Research Fellow at the Competitive Enterprise Institute RE: No. SR-NYSE-2023-09 To the Honorable Gary Gensler,…