CEI has fought excessive regulation in the financial sector from laws such as Sarbanes-Oxley and Dodd-Frank. We have scored major bipartisan victories for deregulation. These include the Jumpstart Our Business Startups (JOBS) Act, signed by President Obama in 2012, that lifted or relaxed some of the biggest burdens preventing small and midsize firms from raising capital and going public; and the Economic Growth, Regulatory Relief, and Consumer Protection Act, signed by President Trump in 2018, that lifted some of Dodd-Frank’s crushing burden on community banks and credit unions. We continue to fight to remove regulatory barriers that limit choices and increase costs for entrepreneurs, investors, and consumers.
Banking and Finance Issue Areas
Featured Posts
RealClear Markets
Book Review: Norbert Michel & Jennifer Schulp’s ‘Financing Opportunity’
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…
Blog
House should follow Senate in slashing BBB’s remittance tax–or eliminate it entirely
President Trump has made it clear that he wants a budget reconciliation package on his desk by July 4. In its final version of the…
Daily Calller
Social Security Now Headed For Insolvency Even Sooner Than Expected
Daily Caller cited CEI’s experts on Social Security spending Congress can’t keep dodging entitlement reform. Social Security’s $28 trillion in unfunded liabilities is about the…
Search Posts
Comment
Testimony on Examining Consumer Credit Access Concerns, New Products and Federal Regulations
CEI’s John Berlau testified before the House Subcommittee on Financial Institutions and Consumer Credit. Berlau explains why reducing unnecessary regulatory barriers will increase competition for…
News Release
Farm Bill Boondoggle Won’t Cure Drought, Coalition Tells Boehner
Washington, D.C., July 24, 2012 – Twelve government watchdog groups, including CEI, sent House Speaker John Boehner a letter this morning urging him to hold…
Comment
Testimony on “The Marketplace Equity Act of 2011”
Full Document Available in PDF The Competitive Enterprise Institute (CEI) is a non-profit public policy research organization dedicated to advancing individual liberty…
News Release
CEI Urges Congress to Reject Internet Tax Bill
Washington, D.C., July 23, 2012 – Congress should reject legislation to increase taxes collected on Internet and mail order remote sales, argues the Competitive Enterprise…
Forbes
You’re Wrong President Obama, Howard Johnson Built His Business
Over the weekend, President Obama sent a message to all American entrepreneurs and potential entrepreneurs. The message was, “Nothing special about you!” At a campaign…
Marietta Daily Journal
Strikes for swipes: Study finds debit-card fee cap could hurt economic recovery
From Michael J. Pallerino's article in The Marietta Daily Journal: “Banks can only shift so much of the costs to consumers,” said John…
The American Spectator
Obama v. Job Creation
From Doug Bandow's op-ed in The American Spectator: Clyde Wayne Crews of the Competitive Enterprise Institute has produced the latest edition of his…
Real Clear Markets
The Lean Forward Campaign: A Recipe for Economic Stagnation
It's hard to miss the MSNBC motto's comfy similarity to President Obama's reelection slogan. Widely mocked since its debut, the "Lean Forward" campaign celebrates the…
News Release
Dodd-Frank Price Controls Put Barriers to Jobs, Economic Growth
Washington, D.C., July 6, 2012 – Today’s weaker-than expected jobs numbers highlight the role overregulation plays in hampering job growth. As the Dodd-Frank law, which…
Douglas County Sentinel
Federal Regulations Hurting Georgia and Local Banks
From Haisten Willis' article in The Douglas County Sentinel: Economist John Berlau, Senior Fellow for Finance and Access to Capital at the Competitive…
Blog
Supreme Court Concocts New “Rational (Tax) Basis” Test in Upholding Health Law
In a move that seems to have surprised many observers, the Supreme Court today upheld nearly all of the Patient Protection and Affordable Care Act…
Blog
Quick Thoughts on the Health Care Ruling
The Supreme Court upheld the health care bill, as you've no doubt heard by now. Over at the Daily Caller, I offer a few quick…
Study
Government Barriers to Georgia’s Growth
Full Document Available in PDF Few states have been hit as hard by the financial…
Legal Brief
State National Bank of Big Spring et al. v. Geithner et al.
The Competitive Enterprise Institute and the 60 Plus Association join the State National Bank of Big Spring, Texas, in their lawsuit challenging the constitutionality of…
News Release
Dodd-Frank Unconstitutional Power-Grab, Says New Lawsuit
Full Document Available in PDF WASHINGTON, D.C., June 21, 2012 – The State National Bank of Big Spring, Texas, today filed a lawsuit asking…
Douglas County Sentinel
Dimon on Display
Normally, government should not concern itself with a business’ operations, but when taxpayer money and the public welfare are at risk, it has a responsibility…
Douglas County Sentinel
Forget Jamie Dimon — Congress needs to look in the mirror
“Jamie Dimon gets kid-glove treatment from Senators,” the front-page headline in Politico screamed after the JPMorgan Chase CEO testified and was questioned by the Senate…
Daily Caller
The IRS’s Trojan Horse
It may be another 10 months before Tax Day rears its ugly head again, but that doesn’t mean that the American people should take their…
Newsmax
H.R. 1909 Lifts Barriers to Small Loans
Last Friday’s dismal jobs number renewed the call for Congress to find common ground and “do something.” Unfortunately, the “something” that the punditocracy usually calls…
News Release
Center-Right Groups Oppose Price Controls on Retailers and Banks
Washington, D.C., June 11, 2012 – Two years after many retail associations lobbied successfully for price controls on the banks that process their debit…
Letters
Coalition Letter on Consumer Debit Card Protection Act
Full Document Available in PDF To the Members of the United States Congress: You may have seen some recent reports, including in…
Newsmax
Federal Regulations Should Draw as Much Scrutiny as Facebook IPO
Facebook’s fall following its much-hyped initial public offering has politicians scrambling for “solutions.” But were it not for politicians’ meddling, Facebook’s and other recent IPOs…
Newsmax
Facebook Shows Need For Smaller IPOs
When I wrote my blog here last Friday on the day of Facebook’s initial public offering (IPO), I praised the firm’s innovations but injected a…
Newsmax
Overregulation Shackles Next Facebook
Today, Facebook finally goes public with a market capitalization of $104 billion. Its initial public offering (IPO) is the capstone of its amazing ascent that…
Newsmax
Forget France, the Greek Elections Are the Beginning of the End for Europe
While much of the world’s attention was concentrated on France’s presidential election last Sunday, the real action was in Greece. French President-elect François Hollande may…
Newsmax
Refinery Not a Well
From Chris Woodward’s article on OneNewsNow: John Berlau, senior fellow for finance and access to capital for the Competitive Enterprise Institute’s (CEI) Center…
Newsmax
Lending Cap Is Unfair to Small Business
The recent viral video sensation “If I Wanted America to Fail” confirms that the regulatory state is a major focal point for the center-right…
News Release
Groups Call on Senate to Lift Regulations Stifling Credit Unions, Entrepreneurs
Washington, D.C., April 24, 2012 – Leaders of 14 conservative, libertarian, and free-market groups are calling on the U.S. Senate to lift regulations keeping the…
Letters
Coalition Letter on the Small Business Lending Enhancement Act
Full Document Available in PDF As conservative, libertarian, and free-market organizations concerned about government regulatory overreach, we’re writing to you to urge…
Newsmax
The European Central Bank vs. Reality
The four-year charade of central bank bailouts is starting to come undone. Reacting to rising European bond yields in a Saturday meeting with world leaders,…
Newsmax
Super Mario Talks a Good Game But Italy’s Entrepreneurs Have Lost Out
ITALIAN Prime Minister Mario Monti recently proclaimed “historic” labour reform and even declared the “financial aspect” of the crisis to be over. But don’t pop…
News Release
Occupy Protest of Wells Fargo is An Attack on Shareholders, Middle Class Investors
Washington, D.C., April 24, 2012— John Berlau, Senior Fellow for finance and access to capital at the Competitive Enterprise Institute, issued the following statement on…
Newsmax
Supply-Side Critics Offer Only Trickle-Down Inflation
Economics is not called the dismal science for nothing. Many professional economists go to great lengths to obscure simple truths inconvenient to their political masters.
Newsmax
Turning Away From the Dollar
European debt problems have kept financial markets on edge during much of the last two years, but it is the debt problem in the United…
Newsmax
AM Briefing
From The Washington Post‘s ThinkTanked: Competitive Enterprise Institute’s Matt Patterson: PETA vs. people … and animals. (Washington Examiner)…
Newsmax
AM Briefing
From The Washington Post‘s ThinkTanked: Competitive Enterprise Institute’s John Berlau: A breather from regulations. (National Review)…
Newsmax
A Breather From Regulations
‘It’s so meager,” proclaimed House Minority Leader Nancy Pelosi on March 9, the day after the House passage of the Jumpstart Our Business Startups (JOBS)…
Newsmax
Entrepreneurs Win Half a Loaf With the JOBS Act
From Tim Carney’s column in The Washington Examiner: Crowdfunding is a way of financing a business venture without a financial intermediary or a…
Newsmax
How Senate Dems and Scott Brown Failed ‘Maxine Waters’ Test
Attention Senators! Test results are in. Time to announce who passed and failed “the Maxine Waters test of political moderation.” As I reported last week,…
Daily Caller
No to Broccoli Mandate, Yes to Health Insurance Mandate?
The results of a Reason-Rupe poll that was released on Monday are more interesting than the pollsters may have intended. Two of the questions they…
Daily Caller
The Hidden Flaw in the Bipartisan JOBS Act
From Michelle Hirsch’s article in The Fiscal Times: The bill has members of the business community cheering, calling it a first step in…
Forbes
Ma Bell’s Long Legacy of Unsustainable Pensions Is Alive and Well
“Communism,” comedian Lenny Bruce once quipped, “is like one big phone company.” This dated joke refers to the monolithic phone company known as “Ma Bell,”…
Forbes
Goldman Sachs and the Free Market
John Berlau on Goldman Sachs and the Free Market…
Forbes
Crowdfunding Legislation Both Panned and Praised
From Investor’s Business Daily and Yahoo! Finance: Business observers say there is growing and widespread enthusiasm in the U.S. to provide greater support…
Forbes
HHS Deems Rate Hikes Excessive in Nine States
From Michael P. Tremoglie’s article on Legal Newsline: But the issue of the government telling insurers how much premiums should be is a…
Forbes
The Export-Import Bank Should Be an Ex-Bank
Among the nation’s failing financial institutions the Export-Import Bank has received little notice. Now, however, the House and Senate are considering whether to reauthorize the…
News Release
JOBS Act Will Create Jobs, Wealth, and Investor Freedom
Washington, D.C., March 21, 2012 – On Thursday, the Senate is expected to pass the Jumpstart Our Business Startups (JOBS) Act. John Berlau, Senior…
Forbes
Two Budget Proposals Demonstrate the Depth of the Political Divide in the U.S.
This morning, House budget committee chairman Paul Ryan (R.-WI) unveiled his budget proposal, which took aim at the culture of debt financing that most analysts…
News Release
Critics Fail “Maxine Waters Test of Political Moderation”
Washington, D.C., March 20, 2012 – As the Senate takes up the JOBS Act this week, the Competitive Enterprise Institute’s John Berlau urges Senators…
Forbes
The JOBS Act and the Maxine Waters Test
Call it the Maxine Waters test of political moderation. Late last week, this test was failed by Senate Majority Leader Harry Reid (D-Nev.), Senate Majority…
