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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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Obama’s Spending Freeze, the UN’s Lack of Peer Review and FDA’s Chemical Worries
President Obama proposes a freeze on discretionary spending. A UN scientist confirms that dramatic claims of Himalayan glaciers melting due to global warming were not…
Op-Eds
Did Ben Fold?
Looking back at the Federal Reserve Board’s attempts at self-justification after the Great Depression in Free to Choose, Milton and Rose Friedman concluded that…
Letters
Audit the Fed First
Dear Members of the U.S. Senate: In the last two years, the Federal Reserve Board has lent several trillion dollars to banks…
Citation
Bank Tax “Strictly Political”, but Popular
Op-Eds
Obama’s Bank-Busting Regulation Full of Bugs
President Obama’s proposal on Thursday to bring back 1930s-era separation of commercial and investment banking would do little to prevent the problem of financial…
Citation