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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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The Case against the Consumer Financial Protection Bureau: FAQ
Competitive Enterprise Institute General Counsel Sam Kazman answers 7 questions about CEI’s case against the Consumer Financial Protection Bureau, State National Bank of Big Spring…
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New York’s “BitLicense” on Trial
A lawsuit again New York's “BitLicense” regulation is challenging the state's targeting of Bitcoin-based businesses.
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Congress Should Overturn New Restrictions on Prepaid Debit Cards
Congress should act to stop the Consumer Financial Protection Bureau from making financial transactions more difficult for people without bank accounts.
National Review
Financial CHOICE Act Must Keep Durbin Repeal
After the repeal and replacement of Obamacare, the next big task facing Congress will be reform of the equally awful Dodd-Frank Act. House Financial Services…
Forbes
‘Cordray Tower’ And Other Reasons For Trump To Fire CFPB Director Cordray
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…
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Mnuchin Must Bring Transparency to Fannie Mae and Freddie Mac
Recently-confirmed Treasury Secretary Steven Mnuchin must do everything he can to reverse the extreme secrecy practiced by the Obama Treasury Department.