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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…
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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…
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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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International Panel Outlines Problems with EU Interchange Fee Regulation
On March 17, an international panel of experts gathered in Brussels to discuss the proposed EU interchange fee regulations that are set to be approved…
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Least Transparent Administration Closes Records on Fannie and Freddie
This Sunshine Week, the administration that swept into office promising to be the “most transparent” in history was just judged by a major news service…
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How Department of Labor’s “Fiduciary” Rule Could Cripple IRA Choices
Last week, President Obama called on the Department of Labor to “update the rules and requirements that retirement advisors put the best interests of their…
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Harvard Study Confirms Dodd-Frank’s Harm to Main Street
Literally since the day the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law by President Obama, my Competitive Enterprise Institute colleagues…
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Main Street Fights Dodd-Frank’s Chipping Away at the Constitution
“Wall Street Chips Away at Dodd-Frank,” blared a recent front-page headline in The New York Times about bipartisan measures that have passed the U.S. House of Representatives…
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FDIC Retreats from Operation Choke Point
In a partial victory for all those campaigning against the abuse of power known as Operation Choke Point (see our comprehensive study here), the Federal…