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
News Release
Supreme Court Disappoints on Funding/Powers Question in Ruling in CFPB Case
The Supreme Court today issued a disappointing ruling in CFPB v. Community Financial Services Association of America, a lawsuit challenging the unchecked funding of…
News Release
No surprises with April’s inflation report: CEI analysis
Inflation rose 0.3 percent in April compared to 0.4 percent in March. While this wasn’t a surprise for economists, the news indicates a tough…
Blog
Navigating the maze of federal regulations in 2024: What to know
In a bureaucratic whirlwind, the 2024 Federal Register is attaining new heights, topping 41,000 pages today. An unsettling new norm for the past few weeks…
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Letters
Coalition Letter on American Consumer Institute – Risk Transfer
Chief Counsel’s Office Attention: Comment Processing, Office of the Comptroller of the Currency 400 7th Street SW, Suite 3E–218 Washington, DC 20219 Ann E. Misback…
News Release
CFPB Overdraft Proposal Would Harm Consumers
Today, the Consumer Financial Protection Bureau – as part of the Biden administration’s whole-of-government crusade against “junk fees” – unveiled a proposed rule that…
Comment
CEI Comments on SEC Proposed Rule Change to Amend the NYSE Listed Company Manual
January 17, 2024 Docket ID: Release Nos. 34-99225, File No. SR-NYSE-2023-09 Self-Regulatory Organizations; New York Stock Exchange LLC; Order Instituting Proceedings to Determine Whether…
News Release
More to inflation story than meets the eye: CEI analysis
According to the Consumer Price Index, December saw inflation rise to 3.4 percent, up 0.3 percent from the month prior. Despite this, inflation numbers…
Blog
Congress could revoke many costly Biden admin rules with Congressional Review Act. Here’s a list!
Until April of 2023, a federal rule costing $100 million was considered “economically significant.” Joe Biden’s Executive Order 14094 (Modernizing Regulatory Review) raised that…
Blog
Don’t make crypto the electricity scapegoat
A radical new tax proposed by the Biden administration would make cryptocurrency mining the scapegoat for electricity usage. The so-called Digital Asset Mining Energy (DAME)…