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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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Time to Fold the Unlawful Internet Gambling Enforcement Act
A bad law that could threaten America’s banking system…
Citation
5 Absurd Product Bans
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Sarbanes-Oxley, Cancer Drugs and Discrimination Law
The National Law Journal warns that penalties in the Sarbanes-Oxley accounting rules for public companies can extend to individuals and private entities. Drug maker Cephalon…
Newsletter
Recession, Trade and Home Ownership
White House advisors cite the slowing economy as part of their call for tighter regulation of mortgage lenders. U.S. exports…
Study
The Community Reinvestment Act’s Harmful Legacy
How the CRA has hurt those it was intended to help, residence of low income neighborhoods with little access to credit.
Newsletter
Interest Rates, Video Games and an Economist Debate
Investors expect the Federal Reserve to enact a rare full percentage point cut in interest rates. A federal appeals court rules that Minnesota cannot fine…