Featured Posts
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…
Read the Full Study
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…
Search Posts
Blog
Arizona Becomes First State to Establish FinTech Sandbox
As the only state where all four North American deserts reside, it’s fitting that Arizona became the first state to establish a “sandbox” for financial…
News Release
CEI Commends Senate for Passing Bipartisan Dodd-Frank Reform Bill
The Competitive Enterprise Institute (CEI) commends the U.S. Senate on passage of Sen. Crapo's S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act.
Blog
3 Reasons the Senate Should Pass Financial Reform
The Senate is expected to vote on its first major piece of financial reform this week since the Dodd-Frank Act of 2010. A bipartisan bill…
Blog
The Supreme Court Case That Would Catch the Law Up to Economic Reality
As more and more services move into platform business models as the lower transaction costs they facilitate increase consumer welfare, platform firms need assurance…
Blog
The Government Killed Free Checking—Can Amazon Save It?
Amazon's move into banking services spells good news for currently under-served consumers, who often rely on relatively expensive financial services such as payday lending or…
Blog
If the Payday Lending Rule Stays, Ability-to-Repay Does, Too
Many in the financial services industry seem to believe the CFPB's ability to replay rule doesn’t impact them and it’s not worth fighting. That is…