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
Blog
CFPB Unfairly Targets Zelle
As part of a last-gasp effort by the Biden administration to punish legal businesses it disapproves of, the Consumer Financial Protection Bureau has sued…
Yahoo Finance
Consumer protection agency closes the Biden era taking big swings
Yahoo Finance cited CEI’s financial expert on bad regulations “I can’t speak to the merits of every lawsuit, they’re filing them so fast,” said…
Blog
Google case just the beginning of CFPB fintech power grab
There has been a bullseye on the Consumer Financial Protection Bureau (CFPB) ever since tech entrepreneur and venture capitalist Marc Andreessen called the agency out…
Search Posts
Blog
The Collapse of Private Insurance: Part XXVII
A federal jury verdict yesterday in Lousiana requiring Allstate to pay several million dollars it didn’t expect to further underlines the inherent problem with…
News Release
Insurance Reform Bill Could Have Big Impact On Consumers
Contact: Christine Hall, 202.331.2258 Washington, D.C., April 10, 2007— America has a deeply troubled auto and homeowners’ insurance system, but a forthcoming bill…
Blog
The Tip of the Iceberg
I have a piece in today’s National Review Online about the new bill that would provide optional federal chartering (OFC) for insurance companies. OFC,…
Blog
Is Bad Regulatory Competition Better than No Regulatory Competition?
I had an interesting conversation about regulatory competition in the context of insurance. A lawyer I was speaking with argued that any regulatory competition structure—even…
Blog
So Where do the Shipping Disasters Take Place?
They take place at home. Let me explain. In studies of regulatory policy, the international flags-of-convenience system for shipping often gets cited as an example…
Blog
An interesting idea for insurance choice
In the next few weeks, I'm going to be writing a good deal about the idea that insurance companies should have the ability to do…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. HEALTH President Bush visits wounded veterans at Walter Reed Army Medical Center.
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. INSURANCE A major insurer announced this week it will offer a homeowners’ insurance product for customers living in…
Blog
Thoughts about McCarran-Ferguson
Senate Minority Whip Trent Lott, angry with the whole insurance industry over the situation in his home state of Mississippi, has announced that he…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. CONGRESS The Senate refuses to allow the Capitol grounds to be used…
Op-Eds
Caring for Vets: A Healthy Plan
If it wants to fix the appalling mess that medical care has become at Washington D.C.’s Walter Reed hospital, the Department of the Army might…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. HEALTH The Food and Drug Administration announces a plan to speed up access to…
Citation
Democrats Loosening their SOX?
Op-Eds
Schumer’s Way
Senator Schumer is on a roll. After coasting to an easy and well funded re-election in 2004, the senior senator from New York is…
Op-Eds
The war hero vs. the bureaucrats
Pity poor Eddie Rickenbacker. His life so closely resembled the clichéd “American Dream,” that you can't blame him for buying into American mythology.
Products
Let the Internet Grow Up
America has developed a proud paternal bond with the Internet. We’ve watched and cheered the Net’s growth from its awkward, text-heavy infancy into…
Products
Accountability, Power, and Our CAP Project
Violations of the Constitution come in all shapes and sizes. Many of you may be familiar with the Tobacco Master Settlement Agreement (MSA), which CEI…
Products
CEI Planet: March – April 2006
Full Document Available in PDF New Era, or ‘Ancien Régime,’…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. LEGAL State attorneys general ask the Supreme Court to step into a dispute over the states’ 1998…
Letters
70% of Americans Say They Don’t Want the Government to Prepare Taxes for Them
Full Document Available in PDF Reps. Melissa Hart and Anna Eshoo have introduced H.R. 5114, the Tax Return Choice Act of 2006,…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. CONGRESS The Senate Finance Committee investigates tax documents from major oil companies. CEI Expert Available to…
Op-Eds
Ex-Im: Boeing’s Bank Once More
The Export-Import Bank (Ex-Im), a federal agency that subsidizes U.S. exports primarily through loan guarantees, dedicated a majority of its guarantee dollars again…
News Release
States Blow Tobacco Funds on Budget Smorgasbord
Contact: <?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /> Christine Hall, 202.331.2258 Jody Clarke, 202.331.2252 …
Study
Antitrust Skeptic’s Bibliography
For more than two decades, the willingness of policy makers to rethink the presumption that economic regulation automatically benefits consumers has driven the deregulation of…
Op-Eds
Congress’ Silk Purse
During the Capitol Hill budget debates, many spectators must have found the use of the term “earmarking” somewhat strange. What does it have…
Products
CEI Planet: January – February 2006
President Concedes Moral High Ground on Energy by Myron Ebell "America is addicted to oil." With these five words in…
Op-Eds
Careful What You Wish For
If you wanted to lower electric energy prices in the US, what would you do? If you answered, “Cripple the domestic railroad industry,” you'd…
Products
The Public Company Accounting Oversight Board
On February 9, the Competitive Enterprise Institute helped file a lawsuit challenging the constitutionality of the Public Company Accounting Oversight Board (PCAOB), a federal agency…
Op-Eds
Speaking in Tongues
In Monty Python’s classic "Hungarian Phrasebook" sketch, a Hungarian tourist walks into a British tobacconist’s shop, and, consulting a faulty phrasebook, tells…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. ENERGY Executives from major oil companies testify before Congress on industry profits. CEI Expert Available…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. FINANCE The Securities and Exchange Commission may ease corporate accounting regulations on small public…
Op-Eds
Sarbanes-Oxley Accounting Board: An Agency Without Accountability
In 2001, the energy giant Enron unexpectedly filed for bankruptcy, laying off 4,000 of its employees and consuming the life savings of thousands more. In…
News Release
CEI Praises Nancy Pelosi, Others For Recognizing Sarbanes-Oxley’s Burden
<?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />Washington, D.C., March 8, 2005—The Competitive Enterprise Institute applauds the House Democrats’ Innovation Agenda…
Op-Eds
The Ideas Marketplace — Sans Market?
WASHINGTON—The Jack Abramoff scandal has many individual players, but it’s also added fuel to an older and broader theme—the quest to purge politics of money.
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. BUSINESS Civil rights leader Andrew Young joins the steering committee of the group Working Families for…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. HEALTH The EPA tells people not to throw out their Teflon cookware CEI Expert Available to…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. HURRICANE KATRINA The House of Representatives finds failures in the response to Hurricane Katrina at all levels…
Op-Eds
The top ten reasons to cut corporate welfare
<?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” />The federal budget is too big. It's way too big. George W. Bush has called for total…
News Release
Free Enterprise Fund and Competitive Enterprise Institute to Announce Constitutional Legal Challenge to Sarbanes-Oxley
WHAT: Sarbanes-Oxley was rushed into law in 2002 with good intentions following unprecedented corporate scandals. Yet, elements of Sarbanes-Oxley now serve as classic examples…
News Release
Free Enterprise Fund and Competitive Enterprise Institute Launch Constitutional Legal Challenge to Sarbanes-Oxley Act
CONTACT: Christine Hall, 202-331-2258, [email protected] Washington, DC (February 8, 2006)—The Free Enterprise Fund and the Competitive Enterprise Institute (CEI) on Tuesday launched a…
Op-Eds
Pot Calling Kettle Black?
<?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /> In senior editor Dave Astor's article on syndicated columnists and their sources of…
Op-Eds
Open Federalism
The businessman puts the cash in an envelope. He leaves it on the agreed upon restaurant table. Another man, a government bureaucrat, walks over…
Op-Eds
Sarbanes-Oxley vs. the Free Press
Back in June, when New York Times reporter Judith Miller was about to go to jail on contempt charges for refusing to testify…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. ECONOMICS Offical plans for rebuilding New Orleans draw harsh criticism from local homeowners. CEI Expert Available…
Op-Eds
Caveat Emptor: No, Really
One of the oldest maxims in commerce is caveat emptor: let the buyer beware. Sadly, this is often interpreted as a condemnation of businessmen, a…
Op-Eds
Who Is Watching the Watchdog?
<?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /> Today in the D.C. Circuit Court of Appeals, outspoken hedge fund manager…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. AUTOMOTIVE Ford Motor Co. CEO Bill Ford announces his company’s plans to focus on developing alternative…
Op-Eds
Is U.S. Embracing a Global Tax Scheme?
<?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />Melbourne, Australia—This week, a good number of liberal activists—when not engaged in trying to stop the…
Op-Eds
Puts and Calls: Sarbanes-Oxley ‘reform’ harming economy
The Sarbanes-Oxley corporate governance act is one of the biggest expansions of government regulation in 70 years—and businesses say it’s more costly and complicated than…
Newsletter
The Competitive Enterprise Institute Daily Update
Issues in the News 1. INTERNET Time Warner and AOL announce a new venture to…
