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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 Cedar Rapids Gazette
Here’s how Iowa is involved in stopping controversial ‘debanking’
Many Americans have recently been exposed to the troubling reality that their government may be encouraging banks to withdraw financial services from people or…
Yahoo Finance
Consumer protection agency closes the Biden era taking big swings
Yahoo Finance cited CEI’s financial expert on bad regulations “I can’t speak to the merits of every lawsuit, they’re filing them so…
News Release
Fed cuts interest rates again, fewer cuts planned next year: CEI analysis
Today, the Federal Reserve announced that interest rates will be cut by 25 basis points, with an additional note that there will be…
The National News Desk
Sticky inflation, Trump bring obstacles to Fed’s path to lowering rates
“While the Fed would like to cut interest rates, if they really want to signal seriousness about inflation and they want to build up…
Yahoo News
John Berlau, a senior fellow at the Competitive Enterprise Institute, says the “supposed purpose” of this crackdown is to “prevent banks from doing business…
DC Journal
Debanking May Be a Problem for Melania Trump and Many Others
In her new memoir, former First Lady Melania Trump reveals that she was abruptly dropped by a bank with which she had a long-standing financial…