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News Releases

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News Release

CFPB Starts Rollback of Flawed Payday Loan Rule

  • Daniel Press
  • 02/06/2019

Today the Consumer Financial Protection Bureau announced plans to roll back its controversial Obama-era rule against payday lending. CEI financial policy expert Daniel Press welcomed…

Banking and Finance

News Release

Senate Should Confirm Trump Nominee for Bureau of Consumer Financial Protection: CEI Statements

  • Daniel Press, John Berlau
  • 11/27/2018

This week, the United States Senate is expected to vote on President Trump’s nominee to head the powerful Bureau of Consumer Financial Protection. CEI financial…

Banking and Finance

News Release

Ten Year Anniversary of Financial Crisis and Nothing Has Improved

  • Daniel Press, John Berlau
  • 09/11/2018

It’s been 10 years since investment bank Lehman Brothers filed for bankruptcy as of September 15, marking the epicenter of the infamous 2008 financial crisis.

Banking and Finance

News Release

Dodd-Frank Volcker Rule Rollback Will Help Entrepreneurs, Investors

  • Daniel Press, John Berlau
  • 05/30/2018

The Federal Reserve Board is expected today to start rolling back the Volcker Rule, a controversial Dodd-Frank provision that prohibits federally insured commercial banks from…

Banking and Finance

News Release

Report: CFPB Can Fix Fair Lending Laws, Improve Consumer Protection and Access to Credit

  • Daniel Press
  • 05/15/2018

A new Competitive Enterprise Institute report urges the Consumer Financial Protection Bureau to remedy Obama-era misuse of a 1970s law, the Equal Credit Opportunity Act…

Banking and Finance

News Release

House Vote to Stop CFPB Auto Loan Rule Wins CEI Praise

  • Daniel Press
  • 05/08/2018

Today, the House of Representatives passed a resolution to stop a Consumer Financial Protection Bureau (CFPB) rule aimed at curtailing certain auto loan practices.

Business and Government

News Release

CEI Commends Senate for Passing Bipartisan Dodd-Frank Reform Bill

  • Daniel Press, John Berlau
  • 03/14/2018

The Competitive Enterprise Institute (CEI) commends the U.S. Senate on passage of Sen. Crapo's S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act.

Banking and Finance

News Release

Sen. Crapo’s Dodd-Frank Reform Bill: Important, Commonsense Step Toward Relief for Small Banks

  • Daniel Press, John Berlau
  • 03/06/2018

This week, the U.S. Senate is expected to vote on Senator Mike Crapo’s bipartisan Dodd-Frank reform bill, “Economic Growth, Regulatory Relief, and Consumer Protection Act”…

Banking and Finance

News Release

CEI Coalition Urges Congress to Stop CFPB Rule Curtailing Short-Term Consumer Loans

  • Daniel Press
  • 02/05/2018

Today, 23 free market groups led by the Competitive Enterprise Institute (CEI) sent a letter to Congress asking lawmakers to stop the Consumer Financial…

Banking and Finance

News Release

Report: Consumer Financial Protection Bureau’s Payday Loan Rule Hurts the Working Poor

  • Daniel Press
  • 01/16/2018

The Consumer Financial Protection Bureau’s rule against small dollar loans will hurt the working poor most, warns a new report from the Competitive Enterprise Institute.

Banking and Finance

News Release

CEI Supports HR 3312’s Efforts to Restore Main Street Banks

  • Daniel Press
  • 12/18/2017

Competitive Enterprise Institute Policy Analyst Daniel Press offered the following statement on the proposed H.R. 3312, the Systemic Risk Designation Improvement Act: “Subjecting…

Banking and Finance

News Release

House Democrats and Republicans Lead Crucial Effort to Stop Unfair CFPB Payday Loan Rule

  • Daniel Press
  • 12/01/2017

A group of House Republicans and Democrats today introduced legislation under the Congressional Review Act (CRA) to block a controversial new rule issued by the…

Banking and Finance

News Release

Report: Dodd-Frank Volcker Rule Punishes Main Street

  • Daniel Press, John Berlau
  • 11/30/2017

Banking restrictions imposed by the 2010 Dodd-Frank financial reform law have caused big problems for banks nationwide, a new report from the Competitive Enterprise Institute…

Banking and Finance

News Release

Fed Chair Yellen Off the Mark in Dodd-Frank Comments

  • Daniel Press
  • 08/25/2017

At the Federal Reserve’s annual conference in Jackson Hole, Wyoming, on August 25, 2017, Federal Reserve Chair Janet Yellen made some tedious claims on the…

Financial Regulation

News Release

Africa Economic Success Depends on Three Big Reforms

  • Daniel Press, Iain Murray
  • 04/19/2017

Many African countries are among the poorest in the world, yet Western approaches to aid neglect reforms that would help most of all, a new…

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