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
Blog
Are stablecoins already delivering what CBDCs promise?
Many proposals for a central bank digital currency (CBDC), a digital form of the US dollar issued by the Federal Reserve, have circulated…
Center Square
After rate hike, economists weigh tariffs’ role in inflation
CEI’s Senior Economist Ryan Young was quoted by Center Square in their analysis of tariffs impact in inflation. Ryan Young, senior economist…
News Release
Federal Reserve raises interest rates, eyes on future economic policy: CEI analysis
Today, the Federal Reserve has decided to raise interest rates by 25 basis points, the first increase in over three years. The decision…
Search Posts
Comment
Conflicts of Interest Associated with the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisers
October 10, 2023 Docket ID: Release Nos. 34-97990, IA-6353, File No. S7-12-23 To the Honorable Gary Gensler, Chair of the Securities and…
Washington Examiner
Disgraced FTX founder Sam Bankman-Fried trial to start Tuesday in NYC
CEI’s John Berelau is cited by Washington Examiner on the FTX Trial: John Berlau, a senior fellow and director of finance policy at…
Blog
Bill banning Fed-controlled crypto a good first step, but Congress must do more for monetary freedom
On Wednesday, the US House Financial Services Committee is expected to vote on House Majority Whip Tom Emmer’s ‘‘CBDC Anti-Surveillance State Act,” aiming to…
Blog
Congress can say no to Bidenomics in shutdown showdown
The contentious fiscal year 2024 budget battle, which might result in a partial federal government shutdown, is unfurling precisely as the national debt…
Forbes
How Durbin & Co. Credit And Debit Card Controls Could Pave The Way For CBDCs
Central Bank Digital Currency – the digital form of a national currency that tracks transactions within a government digital ledger – is an idea…
Blog
August CPI: Rising energy prices hide underlying inflation progress
This month’s Consumer Price Index (CPI) is a jumble of numbers that look like they contradict each other. But they make sense on…
DC Journal
Gensler ‘Choke Point’ Strategy on Crypto Suffers Legal Setbacks
CEI’s John Berlau is cited on DC Journal discussing crypto choke points: “There just seems to be a war on crypto if you…
Blog
The SEC’s anti-competitive assault against private fund advisers
The Securities and Exchange Commission is adopting new rules that radically redefine how investment companies are regulated, undercutting the ability of private fund advisers…
Citation
AUDIO: Ryan Young Joins the Bob Harden Show
Senior Economist Ryan Young joined the Bob Harden Show to discuss the current state of our economy: Ryan-Young-September-1…
News Release
Grayscale Decision Curtails “Arbitrary and Capricious” SEC and Enhances Investor Options
Today, the U.S. Court of Appeals for the D.C. Circuit unanimously ruled in Grayscale Investments v. SEC that the Securities and Exchange Commission’s…
Crowdfund Insider
Competitive Enterprise Institute Financial Services Expert Comments on Bitcoin ETF Ruling: The SEC Should Heed the Words of the Court
CI received a comment from John Berlau, a Director of Finance Policy and Senior Fellow at the Competitive Enterprise Institute (CEI) who said…
CBS Austin
Investors, economists hope to gain hints for what’s next as Federal Reserve meets
CBS Austin cites Senior Fellow Ryan Young on Federal Reserve chairman Jerome Powell’s speech: “Everyone’s gonna be interested in ‘what’s the Fed going…
Blog
‘Economically significant’ regulations: an obituary
I never thought I’d miss “economically significant” rules and regulations. But Joe Biden’s Executive Order 14094 (“Modernizing Regulatory Review”) has redefined “Significant regulatory…
Blog
How regulations crush small businesses and the poor
Today, the Senate Committee on Small Business & Entrepreneurship is holding a field hearing in Iowa on the topic of “One Size Does…
Blog
America’s insurance commissioners still pursuing bad investment charges that EU is scrapping
Last month, a significant development took place in Europe that so far has not been widely reported in the US, even though it will…
Blog
Inflation Reduction Act turns one, and wow that’s an ugly baby
As President Joe Biden celebrates the one-year anniversary of the Inflation Reduction Act (here’s the White House “Fact Sheet“)…
News Release
Falling energy prices mask inflation, despite official numbers showing little change from June to July: CEI analysis
The Consumer Price Index ticked up slightly from June to July, but CEI Senior Economist Ryan Young explains why the true inflation problem…
Real Clear Markets
The Global Rejection of CBDC
The Biden Administration and the Federal Reserve are taking steps toward the potential roll-out of a central bank digital currency (CBDC). In attempting to…
Blog
Why are America’s insurance commissioners trying to import harmful European rules?
With high prices and the threat of recession looming over America’s economy, another threat is emerging. Influential policymakers overseeing the U.S. insurance industry are…
Blog
This week in ridiculous regulations: dishwashers and shore leave
The Federal Reserve raised interest rates again, and GDP grew at a healthy 2.4 percent annualized rate. Meanwhile, agencies issued new regulations…
Washington Examiner
Cryptocurrency back in spotlight in legislative push from Congress
John Berlau, a senior fellow and director of finance policy at the Competitive Enterprise Institute, told the Washington Examiner that Congress should tread lightly in granting…
News Release
Economy avoids recession, grows 2.4 percent – but falls short: CEI analysis
GDP numbers released this morning show a healthy 2.4 percent annualized growth in the second quarter. CEI Senior Economist Ryan Young thinks it…
News Release
Fed raises interest rates, as needed: CEI analysis
The Federal Reserve decided to raise the federal funds rate a quarter of a percent, as expected, at today’s Federal Open Market Committee…
Blog
Foreign currency manipulation is a red herring
Trade policy is finding its way back into the spotlight thanks to the 2024 election campaign. Both the Biden administration and GOP…
Blog
This week in ridiculous regulations: nuclear debt collection and high airports
The FTC lost another major antitrust case, this time its bid to stop the Microsoft-Activision merger. CPI inflation dropped to 3 percent,…
Blog
Republican Working Group issues first critical report against ESG
Last month, the Republican Environmental, Social, and Governance Working Group (ESG Group) unveiled an interim report outlining GOP efforts to combat the ideological subversion…
News Release
Court Ruling on Ripple Cryptocurrency Case Curbs SEC Powers
A federal court has weighed in on whether a prominent cryptocurrency can be regulated by the U.S. Securities and Exchange Commission (SEC) as a…
News Release
July CPI report shows key inflation measure still too high
The Bureau of Labor Statistics (BLS) released its latest report on the Consumer Price Index (CPI) today, showing inflation up 3 percent from…
Blog
This week in ridiculous regulations: NASA designations and automatic braking
It was a four-day work week due to Independence Day. Meanwhile, agencies issued new regulations ranging from pot catchers to viticultural areas. On…
Blog
Regulatory reform in the 118th Congress: The Regulation Reduction Act of 2023
Federal regulations will continue to grow, if the Biden administration’s recently published Unified Agenda is any indication. It lists 3,666 new rules currently…
Blog
Bidenomics? Here are the 297 costliest rules in the president’s Spring 2023 Unified Agenda
Federal agencies issue thousands of rules, regulations and guidance documents every year compared to the relative handful of laws enacted by…
Letters
CEI Joins Coalition Letter in Opposition of S. 1838 and H.R. 3881 Credit Card Competition Act (CCCA)
Dear Members of Congress: We, the undersigned organizations and individuals, oppose the inaccurately named Credit Card Competition Act of 2023 (S. 1838…
Blog
Regulatory reform in the 118th Congress: The ERASER Act
Our current regulatory state suffocates Americans with high costs. On a micro level, research by CEI Fred L. Smith Fellow in Regulatory Studies…
Blog
No taming inflation without an independent Fed
Federal Reserve chairman Jerome Powell recently testified before Congress for the semi-annual Monetary Policy Report. The Fed has been under fire from both…
Blog
This week in ridiculous regulations: reporting stolen drugs and nuclear tariffs
The 2023 Federal Register is on pace to be the third largest in its 86-year history, behind only Obama and Trump’s midnight rush years…
Blog
Fed Chair Powell hearing: more to do on inflation
At his semiannual congressional testimony this week, Federal Reserve Chairman Powell hinted that the Fed likely is not done raising interest rates. This…
Blog
This week in ridiculous regulations: tart cherry assessments and big cat safety
The House passed two regulatory reform bills, the REINS Act and the Separation of Powers Restoration Act. The Federal Reserve held interest rates steady.
News Release
Fed holds interest rates steady but shouldn’t have: CEI analysis
The Federal Reserve decided to leave the federal funds rate unchanged at today’s Federal Open Market Committee meeting. CEI senior economist Ryan Young…
News Release
Inflation Slows, Fed Actions Pay Off: CE Analysis
Consumer prices rose 0.1 percent in May (up 4 percent this past year), according new inflation data released today by the Labor Department.
Blog
This week in ridiculous regulations: fireworks shows and cybersecurity subsidies
Russia destroyed a major dam in Ukraine, putting thousands of homes and a nuclear power plant at risk. Former President Donald Trump was indicted…
Fox Business
Banking industry pushes back on CFPB’s warning over use of AI chatbots
Fox Business quotes CEI’s John Berlau on the Consumer Financial Protection Bureau’s recent advisory: John Berlau, the Competitive Enterprise…
Blog
Rising small business regs may spur Senate to pass REINS Act
In a bid to restore congressional accountability over the regulatory enterprise, the 118th Congress this week is set to vote on the so-called REINS…
Fox News
Banking industry pushes back on CFPB’s warning over use of AI chatbots
Fox News quotes CEI’s John Berlau on the Consumer Financial Protection Bureau’s recent advisory regarding artificial intelligence in customer service:…
News Release
SEC’s Case Against Coinbase Threatens All U.S. Entrepreneurs
John Berlau, CEI Director of Finance Policy, today criticized the SEC for its ill-founded lawsuit targeting Coinbase: “The Securities…
Blog
SPPI-TV hit: How price controls endanger small dollar loans, boost loan sharks
In my first media appearance from the sleek new CEI studios at our offices in Washington, DC, I joined a great panel on the…
Blog
New credit card late fee rule hurts folks who pay their bills on time
There has rightly been an outcry after the Federal Housing Finance Agency (FHFA), which sets policy for the government-sponsored enterprises (GSE) Fannie Mae and…
News Release
Inflation worse than headline number suggests
The annual inflation rate in April was the lowest it’s been in two years, according to Labor Department data released today – 4.9 percent.
Blog
This week in ridiculous regulations: cloudy guidance documents and potato ledprona
The number of new final regulations this year topped 1,000 last week. It was the rare 3,000-page for the Federal Register, which will likely…
Blog
Punishing success with higher mortgage rates?
The Biden administration recently implemented changes to fees on mortgages that are backed by government-sponsored enterprises Fannie Mae and Freddie Mac. Our old…
News Release
Fed Rate Increase the Right Move for Economy, Credibility
As expected, the Federal Reserve raised the federal funds rate by a quarter percentage point. CEI senior economist Ryan Young supports…
Staff & Scholars
John Berlau
Senior Fellow and Director of Finance Policy
- Banking and Finance
- Deregulation
- Financial Regulation
Iain Murray
Vice President for Strategy and Senior Fellow
- Banking and Finance
- Trade and International
Steve Swedberg
Finance and Monetary Policy Analyst
- Banking and Finance
- Deregulation
- Financial Regulation