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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…
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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Stimulus Waste, California’s Deficit and Internet Privacy
Sen. Tom Coburn (R-OK) releases a report citing millions of misspent dollars from the federal economic stimulus package. The state of California faces a $24…
Newsletter
Clean Water, Banking Regulations and Air Quality
The Senate Environment and Public Works Committee marks up the “Clean Water Restoration Act.” President Obama announces major new controls on the…
Op-Eds
Obama’s Latest Economic Overhaul Calls for More Risky Loans
The President has just announced proposals for a massive overhaul of the financial system. The proposals would force banks to make even MORE risky…
News Release
Obama Overregulation Plan Won’t Fix Financial Crisis
Obama ‘More of the Same’ Overregulation Plan Won’t Fix Financial Crisis President Should Lessen Burdensome, Ineffective Mandates, Like Sarbanes-Oxley Washington, D.C.,…
Newsletter
GM’s Bankruptcy, Barney Frank on CNBC and Internet Poker Persecution
The bankruptcy of General Motors is expected to proceed quickly in the wake of Chrysler’s reorganization. House Finance Committee Chairman Barney Frank (D-MA) storms off…
Op-Eds
Obama Administration = Waste, Corruption, Corporate Welfare
Rapidly-rising Medicare spending already threatens “to crush the federal budget,” and much Medicare spending is wasteful, yet the Obama Administration claims it…