The primary focus of the Competitive Enterprise Institute since its founding in 1984 has been to promote deregulation. Government regulation of the economy blocks innovation and wealth creation. It also encourages damaging behavior such as rent-seeking and cronyism. Finally, it crowds out more effective forms of regulation such as market discipline.
The beneficial effects of deregulation were plain in the airline and freight rail industries. Deregulation begun in the Carter administration led to more flights at lower cost and to better rail infrastructure and much lower shipping costs. Yet, since the 1990s, successive administrations of different political stripes have piled on regulations, burdening the economy needlessly. We chart this problem every year in our Ten Thousand Commandments report.
The power of regulators now raises constitutional concerns. Regulators are often unaccountable, and their insulation from the checks and balances of the constitutional system suggests that they may in effect form a fourth branch of government. The use of guidance documents to avoid rulemaking procedures, for instance, can amount to government by decree. Deregulation is therefore essential to restore good constitutional order.
CEI advocates for both overall regulatory reform – changing the ways in which rules are made to make them more transparent and easier to remove – and for specific regulatory changes. Recent successes include recognition of our concerns in Executive Orders promoting deregulation and curtailing the use of guidance, and in the reflection of our comments in rules promulgated by agencies such as the Department of Labor and the Consumer Financial Protection Bureau.
Deregulation Issue Areas
Featured Posts
Allies
Antitrust and the Federal Trade Commission in 2023
Excerpt from Mark Jamison’s piece, Antitrust and the Federal Trade Commission in 2023 in the Washington Examiner. “Generally, Republicans have a limited appetite for…
Study
Terrible Tech Bills from the 117th Congress
Congress is considering an onslaught of legislation targeting the largest tech platforms in the U.S., addressing topics such as mobile apps, advertising, merger review,…
Blog
This Week in Ridiculous Regulations
The big news is that the Food and Drug Administration is poised to follow several other countries’ lead in approving one or more coronavirus vaccines.
Studies
Feeling Minnesota
Minnesota’s efforts to streamline environmental permitting under former Gov. Mark Dayton (D) initially saw some success, with reforms aimed at reducing approval times for priority…
Basketball vs. Bureaucracy
North Carolina’s permitting reforms in recent years have significantly reshaped the state’s regulatory landscape, focusing on accelerating project approvals and reducing bureaucratic delays. Key changes…
Mardi Gras for Permits
The Louisiana Department of Environmental Quality’s (LDEQ) Expedited Permit Program, established in 2006, represents an innovative approach to speeding up environmental permit approvals. This report…
Blog
The FROGs are back: Will White House hop to it on guidance documents?
Donald Trump’s 2019’s Executive Order 13891, “Promoting the Rule of Law through Improved Agency Guidance Documents,” established online portals and inventories at…
The SCRUB Act: Washing away Washington’s regulatory grime
The Searching for and Cutting Regulations that are Unnecessarily Burdensome (SCRUB) Act, introduced today by Sen. Joni Ernst (R-IA), is a key step …
Free the Economy podcast: Defend yourself from debanking with Nick Anthony
In this week’s episode we discuss public confidence in the economy, California’s electric vehicle mandate, the prospect of a sovereign wealth fund…
News
Trump administration appoints free market champion Mark Calabria to OMB post: CEI statement
The Trump administration has appointed free market advocate Mark Calabria as Office of Management and Budget (OMB) Associate Director for Treasury, Housing, and Commerce. CEI’s…
Constitutional challenge over spending power should be limited to executive powers – CEI analysis
Following his inauguration, President Donald Trump has made it known he intends to reduce federal spending. But a 1974 law called the Impoundment Control Act…
Executive Order aims to fight overregulation and unlawfulness in federal agencies: CEI analysis
A new Executive Order signed by President Trump entitled “Ensuring Lawful Governance and Implementing the President’s ‘DOGE’ Regulatory Initiative,” aims to continue the Department…
Op-Eds
WSJ Opinion
Tariffs Matter More Than Don Luskin Thinks
Donald Luskin argues that tariffs are “inherently small tax hikes because tariffs only apply to, at most, a base of $3.257 trillion—the total value of goods…
Forbes
A Banger Trump Executive Order Abolishing Regulatory Dark Matter
“[A] loathsome night-spawned flood of organic corruption more devastatingly hideous than the blackest conjurations of mortal madness and morbidity. Seething, stewing, surging, bubbling like serpents’…
National Review
The Federal Reserve’s New Debit Card Rule Threatens Consumers and Banks
While some lawmakers and regulators are targeting credit cards, the Federal Reserve has plans for your debit card. The likely result will be…
Staff & Scholars
Kent Lassman
President and CEO
- Capitalism
- Deregulation
- Innovation
Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- Business and Government
- Consumer Freedom
- Deregulation
Ryan Young
Senior Economist
- Antitrust
- Business and Government
- Regulatory Reform
Iain Murray
Vice President for Strategy and Senior Fellow
- Banking and Finance
- Trade and International
Devin Watkins
Attorney
- CEI Litigation
- Government Transparency
- Legal Studies
David S. McFadden
Attorney
- Law and Litigation
- Legal Studies
Marlo Lewis, Jr.
Senior Fellow
- Climate
- Energy
- Energy and Environment
James Broughel
Senior Fellow
- Deregulation
- Energy and Environment
- Innovation
Patricia Patnode
Research Fellow
- Banking and Finance
- Consumer Freedom
- Deregulation