CEI has fought excessive regulation in the financial sector from laws such as Sarbanes-Oxley and Dodd-Frank. We have scored major bipartisan victories for deregulation. These include the Jumpstart Our Business Startups (JOBS) Act, signed by President Obama in 2012, that lifted or relaxed some of the biggest burdens preventing small and midsize firms from raising capital and going public; and the Economic Growth, Regulatory Relief, and Consumer Protection Act, signed by President Trump in 2018, that lifted some of Dodd-Frank’s crushing burden on community banks and credit unions. We continue to fight to remove regulatory barriers that limit choices and increase costs for entrepreneurs, investors, and consumers.
Banking and Finance Issue Areas
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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 such…
Study
The Hidden Costs of Interchange Fee Bans
The state of Illinois risks transforming the Land of Lincoln into the Land of Patchwork Price Controls. The Interchange Fee Prohibition Act (IFPA), passed by…
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 from…
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Blog
Yes, women had access to credit before 1974
March is Women’s History Month, a time to acknowledge and celebrate many “firsts” for women in public life. One of those “firsts” is the ability…
Letters
CEI joins ATR Coalition Urging CRA on Medical Debt Rule
Dear Member of Congress, We are writing to express our concerns regarding the Consumer Financial Protection Bureau’s finalized rule on eliminating medical debt records from…
Letters
CEI joins ATR to address the Consumer Financial Protection Bureau’s last-minute efforts to expand its own regulatory authority to govern digital wallets and overdraft fees.
Dear Member of Congress: We, the undersigned organizations and individuals, urge you to address the Consumer Financial Protection Bureau’s (CFPB) last-minute efforts to expand its…
Letters
CEI joins ATR coalition letter in opposition of Credit Card Competition Act
We, the undersigned organizations, oppose efforts to impose price controls on credit cards. Whether through the inaccurately named Credit Card Competition Act or price…
Letters
CEI Joins ATR in opposition to the Internal Revenue Service’s midnight rulemaking on digital asset brokers.
Dear Member of Congress, We, the undersigned organizations, write to express our opposition to the Internal Revenue Service’s midnight rulemaking on digital asset brokers.
Blog
Trump SEC makes tremendous progress against crypto-stifling regulation
Gary Gensler’s SEC worked at a frenetic pace to shut down innovation in the crypto sector. Without rhyme or reason, the Biden-Gensler SEC moved fast…
