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Let’s end ‘reputational risk’ debanking once and for all
Although this legislative session is near its end, Congress still has the opportunity to take an important step to ensure that financial regulation is…
News Release
Inflation increases slightly in July, Americans still paying higher prices: CEI analysis
July’s Consumer Price Index (CPI) report shows inflation increased 0.1 percent across all sectors, in line with economists’ predictions. With new proposed tariffs…
Blog
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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News Release
House Vote to Stop CFPB Auto Loan Rule Wins CEI Praise
Today, the House of Representatives passed a resolution to stop a Consumer Financial Protection Bureau (CFPB) rule aimed at curtailing certain auto loan practices.
Blog
Post Office Payday Loans: A Stunningly Bad Idea
Like clockwork, every so often a new member of Congress will rehash an old, tired idea: having the United States Postal Service (USPS) make short-term,…
Blog
Congress Should Axe Backdoor Auto Finance Rule
This week, Congress has a unique opportunity to repeal one of the Consumer Financial Protection Bureau’s worst regulatory actions. Using the Congressional Review Act (CRA),…
Washington Times
Leaving the Ultimate Misnomer Behind
Congress has a dwindling number of days left to stop a Consumer Financial Protection Bureau (CFPB) regulation that will make payday loans difficult for consumers to get.
Blog
How to Encourage Tech Competition: Deregulate Finance
It’s May Day, and in the pages of the New York Times appears a paean to the halcyon days of the 1930s, urging a…
Blog
Consumer Financial Protection Bureau Targets True Rights Violations with Wells Fargo Fine
After being attacked repeatedly for supposedly being soft on Wall Street and the “big banks,” Acting Consumer Financial Protection Bureau Director Mick Mulvaney was part…