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Three consequences of Illinois’ interchange fee law
In my new CEI paper, I examine the Illinois Interchange Fee Prohibition Act and what policymakers can learn from previous efforts to restrict…
Read the Full Study
Report: Government limit on credit card interchange fees undermines consumers, small businesses
A new Competitive Enterprise Institute report examines an Illinois law that will limit credit card interchange fees paid by merchants to the banks and credit unions that issue…
News Release
Federal Reserve moves to keep interest rates steady during its June meeting: CEI analysis
The Fed has decided to keep interest rates where they are, signaling the focus is still on economic uncertainty and asserting its independence…
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News Release
Trump’s pick for acting CFPB director is good news for consumers & financial innovation
CEI Director of Finance Policy John Berlau praised President Trump’s pick to act as head of the Consumer Financial Protection Bureau, following the firing…
Blog
Agenda for Congress: Inflation
CEI’s new Agenda for Congress is out now. Each chapter contains pro-market policy recommendations in areas where CEI has expertise. Here are the…
Letters
CEI opposes efforts concerning price controls on credit cards
Dear Member of Congress: We, the undersigned organizations, oppose efforts to impose price controls on credit cards. Whether through the inaccurately named…
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…
News Release
Trump EO on digital currency welcomes innovation in cryptocurrency
President Trump today signed a pro-digital currency executive order establishing a President’s Working Group on Digital Asset Markets, within the National Economic Council,…
Op-Eds
Affordable Housing – How Donald Trump Could Accomplish More Than Jimmy Carter
The passing of Jimmy Carter sparked much praise for his post-presidency good deeds, particularly his decades of volunteer work with Habitat for Humanity building…