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Congress keeps propping government-backed deposit insurance up, risk keeps rising
On Sunday, the Federal Deposit Insurance Reform Act of 2005 marked its 20th anniversary. This Act consolidated the Bank Insurance Fund and the Savings…
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HSAs: A silver bullet for the silver loading conundrum
After the longest government shutdown in American history — ostensibly caused by the expiration of the expanded Obamacare subsidies — Republicans have debated health care…
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CEI warns House committee of dangers of deposit insurance hike
Starting with our late founder and president Fred Smith, CEI has long warned of the risks posed by government-provided deposit insurance to the nation’s banks.
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Dallas Fed’s Fisher And CPAC’s Fishy Too-Big-To-Fail Event
If the Conservative Political Action Conference’s (CPAC) organizers wanted a speaker or panel on the causes of the financial crisis and what to do about…
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Something for Everybody (To Hate): Rep. Wilson’s Beach House Bailout
But the bill still has some degree of serious support. In 2007, a version actually passed the House of Representatives 286-155 with co-sponsors that included…
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The Hostess Bankruptcy And The Threat Of A PBGC Bailout
On Friday, November 16, Hostess Brands announced it was shutting down operations after the Bakers, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM), which rejected…
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Sandy Beaches, Meet Hurricane Sandy
In the wake of Hurricane Sandy, many reminisce of 2005's Hurricane Katrina. With at least a dozen East Coast states in a declared state of…
News Release
Farm Bill Boondoggle Won’t Cure Drought, Coalition Tells Boehner
Washington, D.C., July 24, 2012 – Twelve government watchdog groups, including CEI, sent House Speaker John Boehner a letter this morning urging him to hold…
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Supreme Court Concocts New “Rational (Tax) Basis” Test in Upholding Health Law
In a move that seems to have surprised many observers, the Supreme Court today upheld nearly all of the Patient Protection and Affordable Care Act…