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Three consequences of Illinois’ interchange fee law
In my new CEI paper, I examine the Illinois Interchange Fee Prohibition Act and what policymakers can learn from previous efforts to restrict…
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Report: Government limit on credit card interchange fees undermines consumers, small businesses
A new Competitive Enterprise Institute report examines an Illinois law that will limit credit card interchange fees paid by merchants to the banks and credit unions that issue…
News Release
Federal Reserve moves to keep interest rates steady during its June meeting: CEI analysis
The Fed has decided to keep interest rates where they are, signaling the focus is still on economic uncertainty and asserting its independence…
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Letters
CEI joins coalition Letter against caps on stablecoin rewards
RE: Coalition in Support of Preserving Consumer Rewards and Competition in Digital Asset Legislation Dear Chairmen Scott and Boozman, Ranking Members Warren and…
Blog
Katie Porter’s exchange with CFPB’s Kraninger revisited amid new revelations
A recently surfaced clip of former Rep. Katie Porter (D-CA) has sparked a firestorm online. In a newly revealed 2021 video revealed published…
Blog
The week in regulations: Poultry improvement and painful scars
The federal government shut down on Wednesday. Thursday’s Federal Register had 60 final regulations; normal is about 10. Defense Secretary Pete Hegseth flew in…
News Release
Inflation increased 0.4 percent in August, all eyes on the Fed’s next move: CEI analysis
The Consumer Price Index report for August showed a 0.4 percent increase in inflation across all sectors. With Trump’s Liberation Day tariffs being…
Letters
CEI joins coalition with TPA in Opposition to Increasing FDIC Deposit Insurance Limits
Dear Chairs Scott and Hill, and Ranking Members Warren and Waters, We, the undersigned organizations, representing millions of taxpayers and consumers nationwide, write…
Blog
Trump EO on debanking is a mixed bag for financial freedom
President Trump’s new Executive Order (EO) on debanking correctly decries the weaponization of the financial regulation, and contains many good provisions preventing government…