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
Cato Institute
The Fate of ‘Never Needed’ Regulations
Parking lots and parking garages have served for decades as venues for clandestine meetings in the movies and often in reality. In the early 1970s,…
News Release
House poised to end Biden-era CFPB overdraft rule: CEI statement
The House is expected today to vote on a Congressional Review Act (CRA) resolution overturning a Biden era Consumer Financial Protection Bureau rule to cap…
Issues & Insights
Reviving Community Banking By Lifting Barriers To New Banks
Americans have far fewer banks to choose from than they once did. The American banking industry has consolidated, with the number of U.S. banks falling…
Search Posts
The Blaze
Obama Admin. Is Getting Grilled About a Massive Mortgage Database That Could Be Used for Criminal Investigations
Defying conventional wisdom as he often does, Pulitzer Prize-winning pundit (and fellow Newsmax Insider) George F. Will disputed the notion that in the wake of…
Blog
Questions for Richard Cordray
This morning, Richard Cordray, head of the Consumer Financial Protection Board, testifies to a House Committee on the Board's semi-annual report. One of the Board's…
Blog
Cantor’s Loss a Warning Shot to Supporters of Ex-Im Bank and Johnson-Crapo
Defying conventional wisdom as he often does, Pulitzer prize-winning pundit George F. Will disputed the notion that in the wake of the shocking primary loss…
Blog
Laughing All the Way to the Export-Import Bank
The Kronies are back with a video about the Export-Import Bank, one of the federal government’s largest corporate welfare programs. While the video is less than…
News Release
Report: Job Growth Greater With Family Businesses
WASHINGTON, May 20 – Today, the Competitive Enterprise Institute (CEI) published a new study showing state and local governments could see more job growth…
Forbes
Government Employee Unions Tee Up California’s Bankruptcy
Half a Billion Dollars. That’s how much the California Teachers Association and the powerful Service Employees International Union have spent on California politics since 2000.
Money News
Johnson-Crapo Bill Furthers Govt Housing Mess
Yesterday, after delays and much opposition from many quarters on different grounds, the Johnson-Crapo housing finance overhaul cleared the Senate Banking Committee. The vote was…
Reason
Choke Point Check-In: Constitutional Concerns in DOJ Targeting ‘Risky’ Businesses
Operation Choke Point was initially pitched as a crackdown on web-based payday lending businesses that lend into states that prohibit it. Now it may have…
Forbes
How to Ease the Crushing Costs of Federal Regulations
“You can look at the federal budget and see what we spend. There is nothing like that with respect to regulations. I tabulate the annual…
The National Review
Fannie and Freddie on Steroids
A corollary to Shakespeare’s adage “A rose by any other name would smell as sweet” is that “garbage by any other name would smell as…
News Release
Conservative and Free-Market Leaders Urge Senate to Reject Johnson-Crapo Housing Finance Overhaul
Washington, D.C., April 23—The Competitive Enterprise Institute (CEI) in a coalition of 26 public policy leaders sent a letter to members of the Senate Banking…
Forbes
Dueling Visions For Taxing Times: Grover Norquist v. Robert Reich
This is why I got into radio: A pairing of guests representing two competing visions for the nation’s economic future, each making their case in…
Forbes
Dueling Visions For Taxing Times: Grover Norquist v. Robert Reich
This is why I got into radio: A pairing of guests representing two competing visions for the nation’s economic future, each making their case in…
Newsmax
Dodd-Frank Reined In by Democratic Judges
As the late March weather alternates between winter and spring, the D.C. Circuit Court of Appeals today blew a nice cool breeze of common sense.
The American Spectator
Praying for an Obamacare Escape
Matt Drudge’s widely discussed mid-March tweet that he has already paid Obamacare’s “liberty tax” highlights the uncertainties the self-employed face both from the health care…
Kitsap Peninsula Business Journal
Proposed SEC Rules On Crowdfunding Threaten Access To Capital By Locking Out Ordinary Investors
In submitted comments, John Berlau of the Competitive Enterprise Institute argued that the proposed rules could result in “costly, paternalistic requirements on crowdfunding that have…
Forbes
Why Bitcoin Must Die. Long Live Bitcoin 2.0.
One day, there will be a global digital currency in widespread commercial use whose value will not be controlled by central banks. Governments can forestall…
Comment
Comments to the SEC by John Berlau on Crowdfunding
In comments submitted to the Securities and Exchange Commission (SEC), CEI Senior Fellow John Berlau warns that new SEC rules impacting crowdfunding could…
News Release
Proposed SEC Rules on Crowdfunding Threaten Access to Capital By Locking Out Ordinary Investors
Washington, DC, Feb. 6, 2014 – This week marked the deadline for the Securities and Exchange Commission (SEC) to accept public comments on proposed…
News Release
Dodd-Frank “Diversity” Hiring Quotas Unconstitutional
Washington, DC, Feb. 6, 2014 – The Dodd-Frank Act regulates the financial sector, but what many people do not know is how far its…
Comment
CEI comments on Dodd-Frank proposed diversity statement Docket No OP-1465
Blog
CEI Podcast for January 23, 2014: CEI Appeals Affordable Care Act Lawsuit Verdict
General Counsel Sam Kazman explains the case's importance not just for health care, but for the rule of law.
Forbes
The Antigua Forum: Exporting A Different Kind of Latin American Revolution
Call it the “Free Market Davos.” The Antigua Forum, sponsored by Universidad Francisco Marroquín, in Guatemala, finished its third annual conference last week. For three…
National Review
Obamaloans
We know the pattern by now. A crisis arises. As my Competitive Enterprise Institute colleague Chris Horner puts it, this administration says, “There’s no time…
Washington Times
Stop the money presses!
Leading up to Janet Yellen’s Jan. 6 confirmation vote, the Federal Reserve recently announced that it will taper back its bond-buying program, known as quantitative…
Daily Caller
The Volcker Rule is Obamacare for main street banks and their customers
You might think after the disastrous debut of HealthCare.gov and thousands of insurance cancellations, those who call themselves progressives might just have a little humility…
Forbes
Fed Readies Reverse Repo Hoping To Soak Up QE Cash
Everyone, it seems, loves asset inflation. What could be more satisfying than watching the value of your home, your stocks, and your 401(k) soar, especially…
News Release
Volcker Rule Could Cause Financial Storm, Warn CEI Scholars
Washington, DC, Dec. 11, 2013 – Amid the snow that seemed to paralyze DC yesterday, bureaucrats issued a final regulation on Dodd-Frank’s Volcker Rule that…
McClatchy DC
Regulatory bullying? You bet your life
If companies failed in insurance pursuits, many people would suffer, but the financial system would not be affected in a major way. It is additionally…
Forbes
The American/US Airways Case Highlights The Absurdity Of Antitrust Regulation
“If the airlines have a history of anti-competitive behavior, they are the least able practitioners of the art in the history of mankind.” This was…
News Release
Government “Study” on Internet Tax Hides Harmful Small Business Effects
WASHINGTON, Nov. 20 – Under presidents of both parties, the Small Business Administration’s Office of Advocacy has produced top-notch independent studies on the harm the…
The American Spectator
The Unintended Consequences Of Credit Card Regulation
When you try to regulate things, you’re really regulating people. If there’s one crucial lesson to keep in mind about regulation, this is it. And…
Forbes
Janet Yellen To Too-Big-To-Fail Banks: Party On!
The king is dead; long live the king. As America’s great money printer prepares to hand over the reins to a presumptive successor determined to…
NC Register
Obamacare Threatens to Hit Many Families’ Pocketbooks
Letters
Coalition Letter on Extension for Pay Ratio
Full Document Available in PDF The undersigned organizations, institutions, and nonprofits interested in fostering entrepreneurship represent hundreds of thousands of businesses, small…
Providence Journal
Labyrinthine law threatens our life insurance now
Dodd-Frank, the law more properly known as the 2010 Wall Street Reform and Consumer Protection Act, was intended to stabilize the financial system and end…
Letters
Open Letter to House and Senate Republican Leadership: Preserve the Sequester
CEI has joined a coalition urging Congress to maintain the spending restraint established by the Budget Control Act of 2011(BCA). The BCA established limits on…
News Release
Questions for Yellen
WASHINGTON, Oct. 29 – It’s not every day we get a new chair of the Fed. It is a time to check the fundamental bearings…
Study
Questions for Federal Reserve Nominee Janet Yellen
Full Document Available in PDF Janet Yellen is President Obama’s choice to succeed Ben Bernanke as the Federal Reserve Chair. Yellen is…
Providence Journal
How to Fix Too Big to Fail
As the Competitive Enterprise Institute points out in its constitutional challenge to Dodd-Frank, Title I of the law gives the FSOC the ability to…
Forbes
The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation
The International Monetary Fund (IMF) quietly dropped a bomb in its October Fiscal Monitor Report. Titled “Taxing Times,” the report paints a dire picture for…
Human Events
How the Shutdown Can Inform the Debt Ceiling Debate
Co-authored by George Landrith. It’s all-shutdown-all-the-time in Washington these days. But all that talk has obscured the far bigger challenge facing the nation next week,…
Daily Caller
‘Why now?’ Fitch’s downgrade threat raises questions
“My question is ‘Why now?’” John Berlau, an economist at the free market Competitive Enterprise Institute, told The Daily Caller News Foundation. “I just have…
News Release
Ten Questions for Janet Yellen
WASHINGTON, Oct. 10 – Janet Yellen is President Obama’s choice to succeed Ben Bernanke as Federal Reserve Chair. She has extensive experience with the Federal…
News Release
Yellen Pick Shows Left Unconcerned With Value of The Dollar, CEI Analysts Say
WASHINGTON, Oct. 9 – Janet Yellen, now vice-chair of the Federal Reserve, has been selected by President Obama to lead the Fed. She is said…
Washington Examiner
Obama White House closing private businesses to add pain to government shutdown
Obama administration officials are using the government shutdown as an excuse to shut down privately-run tourist attractions, even though doing so costs the government far…
News Release
Twitter – and Investors – Gain from JOBS Act Regulatory Relief
WASHINGTON, Oct. 4 – In its much-anticipated initial public offering filing released Thursday night, Twitter unveiled a company with some room for growth – much…
Washington Examiner
Government Shutdown, Italian Style
Misery loves company, goes the old saying. And in the face of government shutdown, America is not entirely alone. Head to Italy and the average…
Blog
Obamacare Quadruples Rates for Some, Subsidizes Some Wealthy Who Retired Early
Due to Obamacare, North Carolina "will see individual-market" health insurance rates "triple for women, and quadruple for men." In Tennessee, Obamacare will…
Washington Examiner
Lessons from Italy: What happens when businesses are forced to move abroad
Co-written by Emilio Rocca THE 42 employees of Firem, an Italian heating systems maker, returned from their August holidays to find the plant where they…
