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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
The Bipartisan Push Back Against Obama’s Retirement Attack
The Daily Caller details CEI's recent coalition letter written to Congress detailing the restrictions the Department of Labor's fiduciary rule places on Americans and their…
Blog
Back to the Future in Payments Technology
One of the things Back to the Future Part II almost got right about 2015 was how Biff paid for his cab ride—with a thumbprint. A lot…
Daily Caller
Why Warren’s Witch-Hunt Won’t Work
CEI's expert John Berlau writes for The Daily Caller discussing Elizabeth Warren's desire for an increase in financial regulations. Elizabeth Warren “drew blood,”…
NewsMax
Elizabeth Warren Wants to Make Financial Decisions For You
John Berlau discusses Elizabeth Warren's pushes for excessive financial regulations in his piece published in News Max. Elizabeth Warren “drew blood,” writes Washington…
Blog
Warren Bullies Not Just Litan But Consumers
Elizabeth Warren “drew blood,” writes Washington Post reporter Tom Hamburger. “Elizabeth Warren Claims Another Scalp,” reads the headline of an excellent piece by John Fund at National Review…
Blog
Transparency in Card Fees: Where Does the Argument Stop?
There are three ways banks that issue credit and debit cards can gain revenue from them: interest rates (in the case of credit cards) charged…