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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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Bailout Reactions, ACORN’s Shady History and Challenging Medicare Rules
Treasury Secretary Henry Paulson announces plans to invest in thousands of U.S. banks. Prominent politicians weigh in on the voter fraud controversy linked to activist…
Newsletter
Horrible Mortgage Ideas, Environmental Non-Disasters and Defending Delaware’s Honor
Senators spar over a plan for the federal government to buy up “distressed” mortgages. The Capital Research Center releases the “Doom List,” a litany of…
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Subprime Accusations, Russia’s Energy Politics and ACORN’s Shady History
Rep. Barney Frank (D-MA) plays the race card in the debate over subprime mortgages. Russian officials play politics with energy supplies throughout Eastern Europe. Law…
Free Republic
Community Reinvestment Act Helped Cause the Wall Street Crisis
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Government’s “10,000 Commandments” Cost Americans More than $1 Trillion
Federal regulations cost Americans almost as much as the income tax and more than 40 percent of all federal spending, according to “Ten Thousand…
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Lehman Brothers Hearing, Consequences of the Bailout and Online Ad Controversy
The House Oversight and Government Reform Committee holds a hearing to investigate the collapse of Lehman Brothers. The Wall Street bailout fails to slow economic…