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Sovereign wealth funds: Should governments invest in private businesses?
President Trump recently signed an executive order to study creating a sovereign wealth fund for the US government. If the proposal comes to pass,…

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Department of Education bails out of student loan bailout
For the second time in the past month, the Biden administration withdrew a proposed rule that CEI had opposed. The Department of Education has…

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Proposed student loan bailout rule makes no sense
As the Federal Register approached its previous record of 95,894 pages in a year (set in 2016), the Biden administration devoted a few more…
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The Great Italian Auto Bailout — Courtesy of U.S. Taxpayers
At the beginning of 2014, Detroit may be bankrupt, but they're cheering the five-year-old U.S. auto bailout in Italy. That's because after being the beneficiary…
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The Volcker Winter Storm — Bad Rule, Worse Implementation
On a snowy day in Washington, several federal agencies packed some mean regulatory snowballs that will most likely overshoot their supposed destination of Wall Street…
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Volcker Rule Curbs Useful, Profitable Proprietary Trading, Not Risky Lending
The government just approved a regulation called the Volcker Rule to curb proprietary trading by banks -- even though such trading did not cause the financial crisis,…
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Mel Watt Fails Taxpayer, Privacy, and Transparency Tests
Former Rep. Mel Watt, D-N.C., failed his procedural confirmation vote today to head the Federal Housing Finance Agency, which oversees the government housing entities Fannie…
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Public Pensions Are Not Property
Across the nation, state and local governments in dire financial straits face great difficulty in their efforts to bring their budgets under control. Pensions are…
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J.P. Morgan Settlement Rips Off Taxpayers and Investors, Punishes Some Alleged Victims
Recently, The Washington Post reported that J.P.Morgan will pay $13 billion to settle lawsuits against it by the federal government and two…