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CEI Report: AI Industrial Policy Schemes Create “Misalignment by Design” and a New AI Welfare State
A new report from the Competitive Enterprise Institute contends the greatest risk associated with artificial intelligence is not technological misalignment but what author Wayne…
Bloomberg Tax
SEC Proposes Scaling Back Auditor Testing of Fraud Safeguards
Most US-listed companies would be exempt from requirements they hire an outside auditor to field test safeguards meant to ensure investors can rely on corporate…
News Release
Energy and oil prices driving force behind March inflation increase: CEI analysis
The Consumer Price Index (CPI) report for March shows a 0.9 percent increase across all sectors, mainly driven by significantly higher energy and oil…
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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.
Newsletter
Paulson’s Plan, International Competition and New Leadership at FTC
Treasury Secretary Henry Paulson’s plan to reform oversight of financial markets sparks intense debate. U.S. capital markets lose ground to international competitors. President Bush appoints…
Citation
Shady HUD Secretary to Resign
News Release
CEI Opposes Broad New Powers for Federal Reserve
Treasury Secretary Henry Paulson today unveiled a plan for restructuring the federal role in regulating financial institutions. The blueprint contains good recommendations on…
Op-Eds
Bear Fire Sale Leaves Owners Without A Say
Bear Stearns shareholders, the true owners, are being denied a voice in the fate of the firm.