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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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Financial Regulations, Greenhouse Gases and Microsoft’s Bid for Yahoo
The Treasury Department’s “blueprint” for overhauling financial regulation faces strong opposition. State governments across the country pledge to reduce greenhouse gas emissions. News Corp. considers…
Study
A Flawed Blueprint
America needs fundamental financial regulation reform. The Treasury Blueprint fails to provide it.
Newsletter
Global Health Threats, Foreclosure Relief and Food Riots
Members of Congress hear testimony on whether global warming will become a threat to human health. Senators agree on a foreclosure relief plan for mortgage…
News Release
New Financial Regulations Will Expand Bureaucracy
In a new study released this week, Competitive Enterprise Institute scholars size up the Treasury Department’s recent proposal to restructure the way…
Newsletter
The Exaflood, Mortgage Bailouts and Bear Stearns
Rising demand for bandwidth-intensive Internet applications threatens to swamp existing network capacity. The Senate considers a bill to “rescue” the U.S. housing market. Senators investigate…
News Release
Senators Investigate the Credit ‘Crisis’
Today, Federal officials and the CEOs of Bear Stearns and JPMorgan Chase will testify before the Senate Banking Committee on recent turmoil in U.S.