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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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This week in ridiculous regulations: dishwashers and shore leave
The Federal Reserve raised interest rates again, and GDP grew at a healthy 2.4 percent annualized rate. Meanwhile, agencies issued new regulations…
Washington Examiner
Cryptocurrency back in spotlight in legislative push from Congress
John Berlau, a senior fellow and director of finance policy at the Competitive Enterprise Institute, told the Washington Examiner that Congress should tread lightly in granting…
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This week in ridiculous regulations: nuclear debt collection and high airports
The FTC lost another major antitrust case, this time its bid to stop the Microsoft-Activision merger. CPI inflation dropped to 3 percent,…
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Republican Working Group issues first critical report against ESG
Last month, the Republican Environmental, Social, and Governance Working Group (ESG Group) unveiled an interim report outlining GOP efforts to combat the ideological subversion…
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This week in ridiculous regulations: NASA designations and automatic braking
It was a four-day work week due to Independence Day. Meanwhile, agencies issued new regulations ranging from pot catchers to viticultural areas. On…
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Regulatory reform in the 118th Congress: The Regulation Reduction Act of 2023
Federal regulations will continue to grow, if the Biden administration’s recently published Unified Agenda is any indication. It lists 3,666 new rules currently…