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
Featured Posts
National Review
America’s Misplaced Income Priorities
The national inequality debate is asking the wrong questions. Pundits are cheering a recent Congressional Budget Office (CBO) report showing a…
Blog
Why can’t we just print more money?
Last week, I attended an event at a think tank where the conversation centered on the federal budget and national debt. At one…
Blog
Buy Now, Pay Later doesn’t mean pay more, owe more, and panic more
Buy Now, Pay Later (BNPL) has become a familiar way to pay for everything from discretionary purchases to everyday expenses. BNPL lets consumers divide…
Search Posts
News Release
Visa and Mastercard settlement with US merchants will cause confusion for consumers and harm community banks
Visa and Mastercard have reached a settlement in their 20-year-long legal battle with US merchants. The settlement gives merchants the ability to reject reward-based…
News Release
CFPB budget woes underscore fundamental problems with bureau’s set up
The Consumer Financial Protection Bureau (CFPB) may run out of money soon, according to news reports. The bureau has been controversial from the start…
Blog
CFPB must withdraw open banking rule to protect innovation and consumer choice
On October 21, John Berlau, senior fellow and director of finance policy at the Competitive Enterprise Institute, submitted a comment letter to the…
Comment
Comments urging withdrawal of Chopra CFPB open banking mandate
Dear Acting Director Vought: On behalf of the Competitive Enterprise Institute, I appreciate the opportunity to submit comments on RIN 3170-AB39, CFPB’s reconsideration…
Letters
CEI joins coalition Letter against caps on stablecoin rewards
RE: Coalition in Support of Preserving Consumer Rewards and Competition in Digital Asset Legislation Dear Chairmen Scott and Boozman, Ranking Members Warren and…
Blog
Katie Porter’s exchange with CFPB’s Kraninger revisited amid new revelations
A recently surfaced clip of former Rep. Katie Porter (D-CA) has sparked a firestorm online. In a newly revealed 2021 video revealed published…
Staff & Scholars
John Berlau
Senior Fellow and Director of Finance Policy
- Banking and Finance
- Deregulation
- Financial Regulation
Iain Murray
Vice President for Strategy and Senior Fellow
- Banking and Finance
- Trade and International
Steve Swedberg
Finance and Monetary Policy Analyst
- Banking and Finance
- Deregulation
- Financial Regulation