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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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Beach House Bailout, Voting Rights and Trade War with Mexico
Congress to likely consider a controversial plan for taxpayers to subsidize disaster insurance in risk-prone states. Attorney General Eric Holder keeps quiet about the recent…
Newsletter
Turning Down Stimulus Dollars, Legal Malpractice and a “Socialist” President
A group of governors turn down federal stimulus funding for their states, citing the strings attached by Congress. The Supreme Court rules that drug maker…
Op-Eds
Obama and Dodd Hypocritical on AIG Bonuses
In response to public outrage, Obama is belatedly criticizing the millions of dollars in bonuses that AIG, which is being bailed by taxpayers…
Op-Eds
Obama and Dodd Hypocritical on AIG Bonuses
In response to public outrage, Obama is belatedly criticizing the millions of dollars in bonuses that AIG, which is being bailed by taxpayers…
Newsletter
Liar Loans, Rising Sea Levels and Gambling Online
Democrats in Congress quarrel over new bankruptcy rules for homeowners. Newspaper headlines claim that sea levels are rising twice as fast as before. Finance Committee…
Op-Eds
Bailouts for Liars, Illegal Aliens and Unjust Bonuses
The inept managers of the insurance giant AIG, which is being bailed out by taxpayers at a cost of over $170 billion, are using…