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
Center Square
After rate hike, economists weigh tariffs’ role in inflation
CEI’s Senior Economist Ryan Young was quoted by Center Square in their analysis of tariffs impact in inflation. Ryan Young, senior economist…
News Release
Federal Reserve raises interest rates, eyes on future economic policy: CEI analysis
Today, the Federal Reserve has decided to raise interest rates by 25 basis points, the first increase in over three years. The decision…
Blog
Why the 5 percent Treasury bond interest rate matters
The recent rise of the 10-year Treasury yield to 5 percent has set off alarm bells among economists, policymakers, and investors. While the…
Search Posts
National Review
More Democrats Diss Dodd-Frank
‘For some reason, some Republicans in Congress are still waging an all-out battle to delay, defund, and dismantle these commonsense new rules.” That was, in…
Bio-IT World
Can Private Jets For The Poor Save Health Care Dollars?
Few perks of wealth are more widely demonized than the private jet. Yet these very symbols of power and luxury could save health care dollars…
Forbes
Hey Romney, Here’s A Comeback To Obama’s $5 Trillion Tax Cut Canard
Framing a debate is half of winning it—especially when neither facts nor reason are on your side. The Obama campaign’s repeated claims that, if elected…
Forbes
Letter to the Editor: The Fed Helps Wall Street at the Expense of Main Street
Mr. Bernanke’s description of QE3 as a “‘Main Street’ policy” is incorrect. The Fed distributes its newly created money by…
News Release
Jobs Report Doesn’t Tell Full Story
WASHINGTON, D.C., October 5, 2012 – Unemployment fell below 8 percent for the first time in four years last month, according to the September…
Forbes
Jobless youth – southern Europe’s ticking time bomb
BRUSSELS – As Europe hangs on every public statement about the possibility of more bailouts from the European Central Bank or German Chancellor Angela Merkel,…
News Release
Durbin Bank Fees: An Unhappy One-Year Anniversary
Washington, D.C., October 2, 2012 – One year ago this month, the Durbin Amendment debit card price controls from the Dodd-Frank financial “reform” law went…
The American Spectator
Happy Durbin Day
On Oct. 1, 2011, one year ago today, Dodd-Frank's Durbin Amendment price controls went into effect, causing consumers to lose free checking and be soaked…
News Release
Report on Spanish Banks Underestimates Cost of Potential Bailout
WASHINGTON, D.C., October 1, 2012 — A report last week said Spain’s banks could require as much as 53.74 billion euro in bailout funds,…
The American Spectator
Study blasts federal economic development initiatives
From Brian Pederson’s article in Lehigh Valley Business: A new study blasts the federal Economic Development Administration (EDA) and calls for its abolishment,…
The American Spectator
The Federal Department of More Spending and Higher Local Taxes
“We believe in the free enterprise system,” President Obama said at a recent campaign stop. “But we also believe we’ve got obligations to one another.”…
Legal Brief
Dodd-Frank Challenge – Amended Complaint
Full Document Available in PDF…
News Release
Three States Join Constitutional Challenge to Dodd-Frank
Washington, D.C., September 20, 2012 – The states of Oklahoma, South Carolina, and Michigan today joined a lawsuit challenging the constitutionality of the Dodd-Frank Wall…
Study
The Case for Abolishing the Economic Development Administration
EDA investments do little more than shift resources from one area of the country or the economy to another. EDA’s funding should be immediately revoked,…
News Release
New Study Makes Case Against Economic Development Administration
WASHINGTON, D.C., Sept. 18, 2012 — It is the mission of the Economic Development Administration (EDA) “to lead the federal economic development agenda by promoting…
Fox News
To Save Obama, Clinton Ignores his Own Deregulation Moves
MacKenzie: “Did you know it was Bill Clinton who repealed Glass-Steagall?” Will: “Everybody knows that.” Conversation on HBO’s “The Newsroom,” originally broadcast July 22, 2012…
Fox News
Why Liberals Should Love Low Taxes
You can say two things for certain about modern liberals — they love spending government (read: your) money, and they hate the wealthy. Which makes…
Wall Street Journal
Letter to the Editor: Yet Another Dodd-Frank Albatross
Jack Gerard is spot on in pointing out that Dodd-Frank's Section 1504, requiring lengthy disclosures of payments by U.S. energy firms to foreign governments, will…
Investor's Business Daily
Capitalism’s Record Of Success Beats The Government Option
From Steve Stanek's article in Investor's Business Daily: John Berlau of the Competitive Enterprise Institute has noted the government's claimed number of "jobs…
Fox News
Taxpayer losses tied to auto bailout rise
From Doug McKelway's article on Fox News: John Berlau of the Competitive Enterprise Institute argues the stock decline reflects the liability of the…
Forbes
As Liberty Fades, Contemplate The Wisdom Of The Olive Tree
It’s easy to despair watching the flame of liberty flicker and die. To accept the sad fact that our Founders’ vision of limited government could…
Letters
Coalition Letter to the U.S. Senate on Tax Competition
Full Document Available in PDF CEI co-signed a coalition letter to the U.S. Senate urging support for Senator Rubio’s S.J.Res. 46, which…
Forbes
Angela Merkel’s Bismarckian Euro Diplomacy
German Chancellor Angela Merkel seems to be channeling her 19th century predecessor, Otto von Bismarck, in a striking way; engineering a diplomatic balancing act…
Forbes
Obama’s Jobs Council a Total Flop
When President Obama’s Council on Jobs and Competitiveness last gathered in January, he boasted, “This has not been a show council. This has been…
Study
The Marketplace Fairness Act Would Create a State Sales Tax Cartel and Hurt Consumers
The Marketplace Fairness Act (S. 1832) seeks to capture more tax revenue for states on Internet purchases. Traditional retailers, states, and localities have urged Congress…
Daily Mail
America’s Real Choice: Cronyism or Capitalism
America appears to be at war with itself, if the Presidential campaign is anything to go by. The adverts that have saturated the airwaves over…
National Review
Sandy Weill’s About-Face on Glass-Steagall
Isn’t it something how a former Wall Street baron named as one of Time magazine’s “25 People to Blame for the Financial Crisis” suddenly becomes…
News Release
CEI Fellow Testifies On Sarbanes-Oxley and Dodd-Frank “Unhappy” Anniversaries
Washington, D.C., July 27, 2012 – As two purported financial “reform” laws mark their anniversaries this July, CEI’s John Berlau testified two times this week…
Comment
Testimony on The 10th Anniversary of the Sarbanes- Oxley Act
John Berlau testifies July 26, 2012 before a House Financial Services subcommittee on the topic of the 10th anniversary of Sarbanes-Oxley.
Comment
Testimony on Examining Consumer Credit Access Concerns, New Products and Federal Regulations
CEI’s John Berlau testified before the House Subcommittee on Financial Institutions and Consumer Credit. Berlau explains why reducing unnecessary regulatory barriers will increase competition for…
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…
Comment
Testimony on “The Marketplace Equity Act of 2011”
Full Document Available in PDF The Competitive Enterprise Institute (CEI) is a non-profit public policy research organization dedicated to advancing individual liberty…
News Release
CEI Urges Congress to Reject Internet Tax Bill
Washington, D.C., July 23, 2012 – Congress should reject legislation to increase taxes collected on Internet and mail order remote sales, argues the Competitive Enterprise…
Forbes
You’re Wrong President Obama, Howard Johnson Built His Business
Over the weekend, President Obama sent a message to all American entrepreneurs and potential entrepreneurs. The message was, “Nothing special about you!” At a campaign…
Marietta Daily Journal
Strikes for swipes: Study finds debit-card fee cap could hurt economic recovery
From Michael J. Pallerino's article in The Marietta Daily Journal: “Banks can only shift so much of the costs to consumers,” said John…
The American Spectator
Obama v. Job Creation
From Doug Bandow's op-ed in The American Spectator: Clyde Wayne Crews of the Competitive Enterprise Institute has produced the latest edition of his…
Real Clear Markets
The Lean Forward Campaign: A Recipe for Economic Stagnation
It's hard to miss the MSNBC motto's comfy similarity to President Obama's reelection slogan. Widely mocked since its debut, the "Lean Forward" campaign celebrates the…
News Release
Dodd-Frank Price Controls Put Barriers to Jobs, Economic Growth
Washington, D.C., July 6, 2012 – Today’s weaker-than expected jobs numbers highlight the role overregulation plays in hampering job growth. As the Dodd-Frank law, which…
Douglas County Sentinel
Federal Regulations Hurting Georgia and Local Banks
From Haisten Willis' article in The Douglas County Sentinel: Economist John Berlau, Senior Fellow for Finance and Access to Capital at the Competitive…
Blog
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…
Blog
Quick Thoughts on the Health Care Ruling
The Supreme Court upheld the health care bill, as you've no doubt heard by now. Over at the Daily Caller, I offer a few quick…
Study
Government Barriers to Georgia’s Growth
Full Document Available in PDF Few states have been hit as hard by the financial…
Legal Brief
State National Bank of Big Spring et al. v. Geithner et al.
The Competitive Enterprise Institute and the 60 Plus Association join the State National Bank of Big Spring, Texas, in their lawsuit challenging the constitutionality of…
News Release
Dodd-Frank Unconstitutional Power-Grab, Says New Lawsuit
Full Document Available in PDF WASHINGTON, D.C., June 21, 2012 – The State National Bank of Big Spring, Texas, today filed a lawsuit asking…
Douglas County Sentinel
Dimon on Display
Normally, government should not concern itself with a business’ operations, but when taxpayer money and the public welfare are at risk, it has a responsibility…
Douglas County Sentinel
Forget Jamie Dimon — Congress needs to look in the mirror
“Jamie Dimon gets kid-glove treatment from Senators,” the front-page headline in Politico screamed after the JPMorgan Chase CEO testified and was questioned by the Senate…
Daily Caller
The IRS’s Trojan Horse
It may be another 10 months before Tax Day rears its ugly head again, but that doesn’t mean that the American people should take their…
Newsmax
H.R. 1909 Lifts Barriers to Small Loans
Last Friday’s dismal jobs number renewed the call for Congress to find common ground and “do something.” Unfortunately, the “something” that the punditocracy usually calls…
News Release
Center-Right Groups Oppose Price Controls on Retailers and Banks
Washington, D.C., June 11, 2012 – Two years after many retail associations lobbied successfully for price controls on the banks that process their debit…
Letters
Coalition Letter on Consumer Debit Card Protection Act
Full Document Available in PDF To the Members of the United States Congress: You may have seen some recent reports, including in…
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