Featured Posts
Politico
Republicans have a post-pandemic plan for the scientific establishment
Politico cited CEI’s expert on a post-pandemic plan “You have the NIH in the sights of people who think there were big failures during the…
The Daily Caller
‘High-Value Target’: Biden-Harris Green Tax Credit Prone To Fraud, Abuse, Gov’t Watchdog Finds
Daily Caller cited CEI’s expert on energy tax credits “It is clear that the tax credits in the Inflation Reduction Act primarily benefit wealthier Americans,”…
Forbes
The Surprising Deregulation Legacy Of Jimmy Carter—And Why It Still Matters
In the Wall Street Journal, former Texas Sen. Phil Gramm shared a compelling account of how President Jimmy Carter—who turns 100 October 1—has not received …
Search Posts
Blog
Fed Confirms Government Regulation Is Not the Answer to Equifax Data Breach
More regulation will not help protect the financial system against cyber attacks, such as the Equifax hack.
Blog
Property Rights of Fannie and Freddie Shareholders—Including Small Investors—Must Be Respected
Private investors should never be guaranteed any type of government bailout. At the same time, they should not have their property and contract rights violated.
RealClear Markets
Undoing President Obama’s Damage Will Take Time
RealClear Markets covers the Systemic Risk Designation Improvement Act of 2017. Indeed, another reason to oppose new government undertakings is that each creates groups…
The Washington Times
Trump Signs Legislation to Repeal Obama-era Arbitration Rule
The Washington Times discusses the repeal of the anti-arbitration rule with Iain Murray. President Trump signed legislation Wednesday afternoon repealing the Consumer Financial Protection Bureau’s…
The Washington Examiner
Payday-Loan Borrowers Need Protection from the Poorly-Named Consumer Financial Protection Bureau
In an epic, down to the wire vote last week Congressional Republicans narrowly overturned a regulation that would have enriched lawyers at the expense of…
Blog
A ‘Personal Appeal’ to President Trump to Fire CFPB’s Cordray
Yesterday, Consumer Financial Protection Bureau Director Richard Cordray released a letter to President Donald Trump urging him to veto Congress’ recent anti-arbitration rule resolution.
Real Clear Politics
It’s Time for Trump to Kill the Regulatory Swamp Monsters
In Real Clear Politics, Steve Forbes cites CEI’s “The Case against the Consumer Financial Protection Bureau.” President Trump has successfully taken a chainsaw to some…
Blog
Pressure Grows to Reform Bank SIFI Designations
What makes a bank risky? While a simple question, the answer is anything but. As the 2008 crisis proved, managing risks in the financial system…
Wall Street Journal
VIDEO: Opinion Journal: Arbitration Vote: Lawyers Lose, You Win
Iain Murray, Vice President for Strategy at CEI, joins Mary Kissel of the Wall Street Journal to discuss the repeal of the CFPB’s anti-arbitration rule.
Blog
Why Congress Should Block the CFPB Payday Loan Rule
Republicans have been looking for a political win for a while. They finally got one this week by overturning the Consumer Financial Protection…
Marketplace
AUDIO: How Restrictions on Class Action Lawsuits Affect the Arbitration Industry
American Public Media’s Marketplace discusses arbitration and class action fairness with Ted Frank. View the interview here on the Marketplace website. …
The Daily Caller
Senate Kills Obama-Era Financial Rule
The Daily Caller discusses the repeal of the CFPB anti-arbitration rule with Ted Frank. The Senate narrowly laid to rest a Consumer Financial Protection…
Reuters
Republicans, Wall Street Score Victory in Dismantling Class-Action Rule
Reuters discusses the Senate’s CRA vote regarding the CFPB’s anti-arbitration rule with Ted Frank. Banks, credit card issuers and other financial companies will be…
Bloomberg BNA
Business Groups Attack ‘America First’ Merger Review Bill
Bloomberg BNA discusses the United States Foreign Investment Review Act of 2017 with John Berlau. Senate legislation to increase scrutiny of mergers proposed by…
Blog
Senate Set to Vote to Block CFPB’s Harmful Arbitration Rule
After months of speculation, the Senate will today vote to block the Consumer Financial Protection Bureau’s (CFPB) rule banning financial institutions from including arbitration clauses…
Blog
Government Regulation is Not the Answer to the Equifax Hack
The recent Equifax hack has placed an enormous amount of pressure on legislators to further regulate the credit-reporting industry. While such a response may be…
Blog
Treasury: CFPB’s Arbitration Rule Falls Short
The Department of the Treasury has released its analysis of the Consumer Financial Protection Bureau’s (CFPB) Arbitration Rule, which bans the use of…
Fox Business Network Online
The Consumer Financial Protection Bureau: Hurting Those it Was Designed to Protect?
Fox Business Network Online covers CEI’s “Case against the Consumer Financial Protection Bureau” by Iain Murray. The Consumer Financial Protection Bureau (CFPB) has been a…
Blog
Congress Should Fix Fintech Lending Model
The House Financial Services Committee marked up a whopping 22 bills last week. While many are noteworthy, such as ending Operation Choke Point, repealing…
U.S. News & World Report
Cutting Off Consumers
The Consumer Financial Protection Bureau just released a new rule against payday loans, but instead of helping consumers avoid some pitfalls of borrowing, it will…
Blog
Financial Transactions Tax Not the Answer for Africa
French President Emmanuel Macron is advocating for a Europe-wide tax on financial transactions to fund more foreign aid for Africa.
Blog
Congress Should Roll Back New Payday Loan Rule
The hysteria in Washington around the release of the Consumer Financial Protection Bureau’s final short-term, small-dollar loan rule has been immense.
National Review Online
Consumers Harmed by Consumer Protection Bureau – Again
Yesterday, the Consumer Financial Protection Bureau issued yet another rule that will harm consumers. A new rule on small dollar loans will kill off about…
The Hill
Abolish Financial Protection Bureau Before it Does More Harm
The Hill covers CEI’s “Case against the Financial Protection Bureau” by Iain Murray. With each passing week, the speculation grows that the activist liberal…
Blog
New Research, Same Story: Government Housing Policy Doesn’t Work
The Urban Institute today published an updated report, titled Nine Charts about Wealth Inequality in America. As part of the project, the authors highlight…
Blog
Bank Regulatory Relief in Time for White House ‘Deregulation Day’
Happy Deregulation Day! Today, the Trump administration is celebrating the benefits of an America liberated from red tape. As I mentioned in a blog…
Blog
Bank Regulator Report: ‘Arbitration Rule’ on Credit Cards Will Raise Costs on Consumers
A new report from the Office of the Comptroller of the Currency refutes the Consumer Financial Protection Bureau’s argument that its Arbitration Rule will have…
Blog
What White House ‘Deregulation Day’ Can Do for Finance and Banking
On Monday the Trump Administration is launching the first ever Deregulation Day, highlighting the benefits of an America liberated from bureaucracy.
Blog
Senate Introduces Regulatory Relief for Regional Banks
Removing burdensome restrictions on regional and community banks will ensure financial stability while helping local communities prosper.
Blog
Nine Years on from the Financial Crisis and We’re No Safer
The real cause of the 2007-08 financial crisis was overwhelmingly the product of government intervention.
Reason
Defenders of the CFPB’s Newest Financial Regulation Are Ignoring Crucial Facts
Reason discusses the anti-arbitration rule in regards to the Equifax breach with John Berlau. In the wake of the Equifax breach, in which hackers…
Blog
Bailout Mentality Persists in International Banking Despite Reform Attempts
Europe, in an effort to ensure that the next banking crisis would not end in a taxpayer bailout, created bail-in rules and started performing stress…
Blog
Fat-Cat Attorneys’ Bogus Arguments on Arbitration Rule
Fat cat class-action attorneys and their apologists are getting desperate.
The American Spectator
Why Trump Must Fire Obama Holdover Cordray
In the private sector and during his short time as president, Donald J. Trump has never been shy about firing subordinates. Yet some powerful Obama…
The Hill
Disappointments Aside, Sessions Has Been on a Winning Streak for Trump Supporters
The Hill covers the upcoming DOJ decision on the structure and constitutionality of the Consumer Financial Protection Bureau. For someone who, like me,…
Foundation for Economic Education
Economic Freedom Is the Best Weapon Against Poverty
Over the past few decades, hundreds of millions of people have risen out of poverty to grow into a powerful global middle class. This unprecedented…
Blog
Sen. Reed’s Harmful and Foolish Opposition to Arbitration in Consumer Finance Disputes
Sen. Reed and his allies are using hard cases to put the interests of trial lawyers above the interests of a free people.
Wall Street Journal
Where Was CFPB While Wells Fargo Plundered?
F. Paul Bland asserts (Letters, Sept. 12) that the Consumer Financial Protection Bureau rule is necessary to avoid “immunity” for Wells Fargo for…
Investor's Business Daily
How Can We Fix The CFPB? Shut It Down
Investor’s Business Daily covers the release of The Case against the Consumer Financial Protection Bureau by Iain Murray. Regulation: The Consumer Financial Protection Bureau’s very…
Blog
CEI Comments: Volcker Rule Has Failed to Make Financial System More Stable
CEI submitted comments on the Office of the Comptroller of the Currency’s (OCC) proposed revision to the Volcker Rule, a federal regulation that bans…
Blog
Might Australian Financial Regulators Finally Embrace Greater Competition?
Over the past few weeks, I have been rather critical of the state of financial regulation in Australia. A banking scandal earlier this month revealed…
The Daily Caller
Elizabeth Warren’s Consumer Protection Agency Should Be ‘Abolished,’ Says Think Tank
The Daily Caller covers the release of “The Case against the Consumer Financial Protection Bureau.” Consumers are being harmed by the same federal…
National Review Online
The Government Shouldn’t Collect Private Financial Information from America’s Poor
National Review covers a new rule by the CFPB in which they collect personal financial data. One area of agreement, in principle at least,…
Blog
One Solution to the CFPB’s Problems: Pass the Financial CHOICE Act
My new paper, The Case against the Consumer Financial Protection Bureau: Unconstitutionally Structured and Harmful to Consumers, which is out today, makes the case…
InsideSources
Three Early Lessons From the Equifax Hack
InsideSources covers the Equifax breach and Jim Harper‘s response to it. It’s been almost two weeks since Equifax reported the hack of 143…
Blog
Debit Cards Fee Limits Have Big Impact on Payday Loans and Overdraft Charges
Seven years on from the inception of the Durbin Amendment, it has pushed nearly a million consumers out of formal financial services by raising the…
Blog
Poll: Americans Don’t Trust Big Bank Regulators
Bank regulators should foster an environment of financial competition, where institutions compete on the merits of their products and bear their own risks, instead of…
Blog
Ending the Myth of ‘Too Much’ Bank Competition
It’s time to let the idea that too much competition is bad for financial stability finally die.
Blog
Congress Moves on Financial Reform Bills
Nearly a decade on from the 2007-08 financial crisis, it is clear that the federal regulatory regime is not working.
Federal Times
Report Calls for Drastic Workforce Cuts at Regulatory Agencies
Federal Times covers CEI’s publication Shrinking Government Bureaucracy. The non-profit Competitive Enterprise Institute is all about shrinking government. In a newly released report…