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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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Daily Caller
House Passes Bill Aimed At Operation Choke Point
The Daily Caller mentions two recommendations CEI had for the bill curtailing Operation Choke Point prior to its passing in the House. The Competitive Enterprise Institute recommended…
Blog
White House Threatens Veto to Choke Point Reform Bill
As has been demonstrated time and again, this administration is opposed to any change in the law that will reduce its powers. We see this…
Blog
How to Get Rid of Obsolete Regulations
The House this week is considering H.R. 1675, the Encouraging Employee Ownership Act, sponsored by Rep. Randy Hultgren (R-Ill.). I’ll leave it to my colleague…
Blog
Bill Aims to Stop Operation Choke Point Happening Again
Operation Choke Point is a major abuse of executive authority. As we have detailed over the last couple of years, Choke Point is an…
Blog
Interchange Fee Warnings Coming True in EU
We have often warned about the negative effects of interchange fee regulation and specifically a cap on interchange fees. Last year we warned the European Parliament that…
Blog
UK Brewery Success Shows Lost Freedom in U.S.
On Tuesday evening, President Obama will give his final State of the Union address. In evaluating the state of the U.S., it’s useful to look…