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
New credit card late fee rule hurts folks who pay their bills on time
There has rightly been an outcry after the Federal Housing Finance Agency (FHFA), which sets policy for the government-sponsored enterprises (GSE) Fannie Mae and Freddie…
Inflation worse than headline number suggests
The annual inflation rate in April was the lowest it’s been in two years, according to Labor Department data released today – 4.9 percent. That…
This week in ridiculous regulations: cloudy guidance documents and potato ledprona
The number of new final regulations this year topped 1,000 last week. It was the rare 3,000-page for the Federal Register, which will likely surpass…
Beef, Housing and Money for the Blind
The Dept. of Agriculture proposes a ban on so-called “downer” cattle. The Senate Banking Committee approves a new housing bill. A federal court rules that…
Polar Bears, Subsidies for Millionaires and Credit Card Fees
The Department of the Interior finds that polar bears are “threatened” under the Endangered Species Act. The House of Representatives approves major new farm legislation.
Financial Markets, Internet Ads and Immigration
Federal Reserve Chairman Ben Bernanke sees turmoil in financial markets easing. New York legislators consider a bill to restrict online advertising. The Manhattan Institute releases…
the Proposed Housing Bailout
A Financial Disaster Waiting to Happen
Florida's state government easily could end up bankrupt this year unless the Legislature and Gov. Charlie Crist change the state's homeowners' insurance laws.
A financial disaster waiting to happen
Florida’s state government easily could end up bankrupt this year unless the Legislature and Gov. Charlie Crist change the state’s homeowners’ insurance…