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Congress keeps propping government-backed deposit insurance up, risk keeps rising
On Sunday, the Federal Deposit Insurance Reform Act of 2005 marked its 20th anniversary. This Act consolidated the Bank Insurance Fund and the Savings…
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HSAs: A silver bullet for the silver loading conundrum
After the longest government shutdown in American history — ostensibly caused by the expiration of the expanded Obamacare subsidies — Republicans have debated health care…
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CEI warns House committee of dangers of deposit insurance hike
Starting with our late founder and president Fred Smith, CEI has long warned of the risks posed by government-provided deposit insurance to the nation’s banks.
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What Gives in South Carolina?
I’m writing this from the new library in downtown Columbia, South Carolina. It’s a big, open all glass building that I wouldn’t want to be…
Op-Eds
Bankrupting Florida
If a catastrophic Katrina-like hurricane sweeps through the state of Florida, it may leave behind more than wrecked houses, damaged shops, and ruined roads:…
Newsletter
CEI Daily Update
Issues in the News 1. TECHNOLOGY Microsoft presses the Federal Communications Commission to make broadcast spectrum available for wireless service.
Op-Eds
Barriers to more effective US disaster insurance
Sir, You are right about the need for much greater purchase of disaster insurance but, perhaps, say verylittle about how difficult it might be…
News Release
Sarbanes-Oxley Fifth Anniversary Marked by Problems
Washington, D.C., July 30, 2007—Tuesday, July 31st is the fifth anniversary of President Bush’s signing of the Sarbanes-Oxley bill aimed at protecting investors from…
Blog
Should Disaster Insurance Be Compulsory?
A masthead editorial (full text by subscription only) lays out a compelling case for mandatory purchase of catastrophe insurance. I’ve long supported something close…