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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
Delaying the Fiduciary Rule will be a Big Reprieve for Savers
The Trump Labor Department on April 5 sent the Office of Management and Budget its final rule requesting a 60-day delay for the Obama fiduciary…
Forbes
Happy 5th Birthday, JOBS Act! — Celebrate By Expanding Deregulation
After the recent failure of the Republican-sponsored “repeal and replace” health care bill, it’s hard to imagine members of this Congress coming to consensus even…
Blog
Congress Should Reject CFPB Prepaid Card Rule
One reason why the Consumer Financial Protection Bureau (CFPB) has engendered such controversy is because it was set up on a false premise. As I…
Newsmax
We Can’t Afford Cordray’s, CFPB’s Opulence
Even before its namesake ran for president, Trump Tower was seen as a symbol of the ultimate in opulence. Since the election, some have quipped…
Blog
Time to Repeal the Foreign Account Tax Compliance Act
FATCA amounts to a fine levied by the U.S. on any of its citizens who have the temerity to live abroad.
Blog
Help Stop Obamacare for Your IRA and 401(k)
While Congress is battling over repeal of Obamacare, President Donald Trump is setting a course to repeal a regulation that the Obama administration pushed through…