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
Washington Times
Inflation rises again, driven by energy costs amid Iran war
The Washington Times cites Finance and Monetary Policy Analyst Steve Swedberg on inflation and rising costs: “The economic data provide little support for lower interest…
News Release
Inflation still stubbornly high in May, future rate increase growing more likely: CEI analysis
The Consumer Price Index report for May shows inflation rose 0.5 percent across all sectors, with energy continuing to be a major factor in…
Blog
Trump’s Strait of Hormuz insurance plan gambles with taxpayer dollars
As wars and skirmishes escalate, the risks to commerce increase and are reflected in market prices. In past conflicts, shipping firms faced soaring premiums as…
Search Posts
Blog
Governors Criticize Health Care Bill for Increasing Unemployment and State Budget Deficits; Tax Increases and Medicare Cuts in Bill Rise
Governors are now criticizing the health care bill backed by the Obama administration, saying it will cause health care costs and state deficits to…
Blog
Even Associated Press Says “Beware” of Obama’s Health Care Overhaul; Retired Judge Calls Health Care Tactic Unconstitutional
Even the Associated Press admits that President Obama is not telling the truth about his health care plan and how it would affect health…
Op-Eds
The ‘Hidden Lies’ in Obama’s Health Care Plan
Even the Associated Press admits that President Obama is not telling the truth about his health care plan and how it would affect health…
Newsletter
Finance, Trade and Toyota
Sen. Chris Dodd has introduced a new financial reform bill. U.S. Sugar is lobbying to keep government restrictions on sugar imports. The Washington Post’s coverage…
Op-Eds
Dodd’s Main Street Punishment Bill
With the focus this week on health care’s “home stretch” and concerns about government limiting the ability of ordinary Americans to make choices about…
Newsletter
ObamaCare, Alcohol Taxes, and Insurance Companies
David Brooks, who supported Obama in 2008, talks about the hidden costs of health care. Maryland legislators want to raise the tax on alcohol. Supporters…
News Release
Dodd Bill Punishes Main Street Entrepreneurs, Rewards Fannie and other High Rollers
With the focus this week on health care’s “home stretch” and concerns about government limiting the ability of ordinary Americans to make choices about medical…
Op-Eds
ObamaCare’s Enormous Cost is Hidden by Dishonest Gimmicks, Admits pro-Obama New York Times Columnist David Brooks
New York Times columnist David Brooks, like other columnists at that staunchly liberal newspaper, supported Obama in the 2008 election. But even he can…
Blog
ObamaCare’s Enormous Cost Is Hidden by Dishonest Gimmicks, Says New York Times Columnist Who Supported Obama in 2008
New York Times columnist David Brooks, like other columnists at that staunchly liberal newspaper, supported Obama in the 2008 election. But even he can…
Blog
$3,000,000,000,000 in Tax Increases in President Obama’s Budget
The president’s proposed budget raises taxes by three trillion dollars over the next ten years, notes Washington fiscal analyst…
Blog
How Do These People Avoid Cognitive Dissonance?
Supporters of the health care bill spend a lot of time attacking health insurance companies. The health care bill would legally require people to give…
Blog
Obama Runs Up Largest Budget Deficit in American History; Monthly Deficit Alone Exceeds Entire Annual Deficit for 2007 Under Bush
“The Obama Administration has run up the largest budget deficit in American history in February of 2010, a whopping total of $220.9 Billion in just…
Newsletter
Pensions, Immigration, and Airport Kisses
The Federal Deposit Insurance Corp (FDIC) is trying to prop up failed banks by encouraging public pension funds to invest in them. Sens. Schumer (D-NY)…
Op-Eds
Obama Runs Up Largest Budget Deficit in U.S. History
“The Obama Administration has run up the largest budget deficit in American history in February of 2010, a whopping total of $220.9…
Op-Eds
Obama Wants to Tax Good Banks, Protect Bad Ones
The Obama administration wants to increase taxes on productive banks that are self-supporting, while exempting the mortgage giants and other companies that got massive…
Op-Eds
Looking Out for the Big Guys
Big is bad, many on the Left believe, but only in business, not in government. Many on the Left rail against mass discounters…
Detroit News
Avoid Land Grabs while Downsizing Detroit
If history is any guide, Mayor Dave Bing’s recent announcement that he intends to pursue aggressive central planning to shrink Detroit is bad news. For…
Blog
The Hidden Costs of Health Care Reform: “Obamacare Is A Budgetary Disaster”
The health care bills backed by President Obama will cost $2.3 trillion, not the $900 billion Obama claims, and will be a “…
Detroit News
Credit Card Bill of Rights
Detroit News
Obama Policies Will Increase National Debt by $9.7 Trillion
“President Obama’s policies would add more than $9.7 trillion to the national debt over the next decade, congressional budget analysts said Friday.
Blog
Obama’s Policies Will Increase National Debt by $9.7 trillion, Says Congressional Budget Office
“President Obama’s policies would add more than $9.7 trillion to the national debt over the next decade, congressional budget analysts said Friday. . .The 10-year…
California Eminent Domain Report
An Interesting Argument Concerning Whether Eminent Domain for Economic Development Makes Economic Sense
Newsletter
The Fed, Homeschooling, and Sport Gambling
After many congressional attempts to limit the power of the Federal Reserve, some senators are now moving to give more power to the Fed. A…
Newsletter
Bank Loans, NASA, and Fish Tanks
Chairman of the Federal Deposit Insurance Corporation Sheila Bair chastises large banks for tightening their qualification standards for loans. The emails released by NASA’s Goddard…
CEI Planet
CEI Planet: January – February 2010
To view this issue of the CEI Planet, please click here to download the PDF file. Below are selected articles from the January-February 2010 issue: …
Blog
Torches, Pitchforks, and Congress
“It occurred to me that this panel would only take place, of the industrialized nations, in the United States of America. That in every other…
Newsletter
Credit Cards, Organized Labor, and the Stimulus Anniversary
New credit card regulations go into effect this week. The Washington Post has a front-page story on the difficulty of…
Blog
Credit CARD Act penalizes thrift and entrepreneurship; interchange fee controls would compound harm to consumers
Today, the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 goes into effect. While the law, passed last May, is being hailed as…
News Release
Credit CARD Act Penalizes Thrift And Entrepreneurship
Today, the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 goes into effect. While the law, passed last May, is being hailed as…
California Eminent Domain Report
Credit Card Act Hits Cardholders, Entrepreneurs
Today, the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 goes into effect and is being hailed as a boon for consumers.
News Release
Statement by John Berlau on Credit CARD Act
Statement by John Berlau on Credit CARD Act Today, the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 goes into effect…
Blog
No Fault Failure
On Monday, the RAND Corporation released a comprehensive overview of the no-fault insurance system and documented how the one-time darling of insurance systems has fallen…
California Eminent Domain Report
Founding Father
Blog
“Health Care Freedom” Bills Pass Virginia Senate
The Virginia State Senate passed “health care freedom” bills giving citizens the right not to be forced to buy health insurance. This sets…
California Eminent Domain Report
Obama can Aid Small Businesses by Providing Regulatory Reform
In news accounts about fights over new regulation, the story is almost always the same. The media portray the drama as that of well-intentioned…
Newsletter
The Lessons of the Meltdown, Attacking the Tea Parties and Texting Safety
Former Wall Street Journal editor George Melloan takes on the recent economic meltdown in a new book. A new online campaign aims to fight the…
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Lessening the Rate of Auto Insurance In Detroit May Scare Away Insurers
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Michigan’s Auto Insurance Rates Aren’t Highway Robbery
In most games, fair play is understood as playing by the rules and reaping rewards or penalties within the game’s parameters. Yet for many…
Newsletter
Obama’s Spending Freeze, the UN’s Lack of Peer Review and FDA’s Chemical Worries
President Obama proposes a freeze on discretionary spending. A UN scientist confirms that dramatic claims of Himalayan glaciers melting due to global warming were not…
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Did Ben Fold?
Looking back at the Federal Reserve Board’s attempts at self-justification after the Great Depression in Free to Choose, Milton and Rose Friedman concluded that…
Letters
Audit the Fed First
Dear Members of the U.S. Senate: In the last two years, the Federal Reserve Board has lent several trillion dollars to banks…
Blog
Insured Buildings in Haiti Still Standing
One could consider it ironic that the buildings in Haiti most likely to receive insurance money are those that experienced the least amount of damage.
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Bank Tax “Strictly Political”, but Popular
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Obama’s Bank-Busting Regulation Full of Bugs
President Obama’s proposal on Thursday to bring back 1930s-era separation of commercial and investment banking would do little to prevent the problem of financial…
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Obama’s Glass-Steagal 2.0 Could Crash Financial System
Blog
The bright side of flood insurance
Some Michigan residents are boiling mad that their mortgage lenders are forcing them to purchase flood insurance. The notifications were sent out to residents…
Newsletter
Myths of the Recession, Challenging the EPA and a Victory for Free Speech
Wall Street Journal editor George Melloan challenges popular misconceptions about the recent mortgage crisis and recession in a new book. Four members of Congress challenge…
Newsletter
The Popularity of Al Gore’s Books, Obama’s First Year and Scott Brown’s Impact
NPR reports that people in the UK have resorted to burning used books in their stoves and fireplaces to keep warm amid record-cold temperatures. The…
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Obama Plan to Split Banks Could Crash Economy
President Obama’s proposal today to bring back 1930s-like separation of commercial and investment banks, dubbed Glass-Steagall II or Glass-Steagall 2.0, would do…
News Release
Obama’s Glass-Steagall 2.0 Could Crash Financial System
President Obama’s proposal today to bring back 1930s-like separation of commercial and investment banks, dubbed Glass-Steagall II or Glass-Steagall 2.0, would do little to prevent…
