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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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National Review
GOP Platform Contains Serious Mistake on Banking
One of these things is not like the other. In the generally good section of the GOP’s Platform entitled Regulation: The Quiet Tyranny (p.27-28), there…
Blog
‘Crexit’ Votes Will Help U.S. Entrepreneurs and Investors
In yet another blow against the Brexit chicken littles, not only have the large British companies comprising the FTSE 100 gained back all the losses…
Crowdfund Insider
The Fix Crowdfunding Act Passes House & Heads to the Senate
Crowdfund Insider discusses bills to expand the JOBS Act with John Berlau. John Berlau, a Senior Fellow at the Competitive Enterprise Institute, described…
Blog
Investors Got into Fiduciary Rule Conversation Months before John Oliver Joined in
“Fiduciary Rule Goes Prime Time,” reads the headline of a recent cover story of the magazine Investment News. The story argues that after political comic…
Forbes
If ‘Fiduciary Rule’ Goes Through, the Joke Is On American Savers
John Oliver’s viewers may think of themselves as the smart set, but the popular TV comic recently suggested that he rather deems them dim bulbs…
Blog
Interchange Debate Rears Its Head in Canada
The debate over the effects of interchange fees (the charges a bank levies on a merchant when one its customers uses a credit or debit…