News Release
House Oversight and Accountability Committee unanimously advances regulatory reform legislation
Earlier today, the House Oversight and Accountability Committee advanced 41 to 0 the Guidance Out of Darkness (GOOD) Act from Rep. James Comer (R-KY).
News Release
Report: APR Calculation Misleading as Applied to Short-Term Loan Costs
A new Competitive Enterprise Institute report criticizes efforts by lawmakers and activists to impose a cap on small-dollar, short-term loans based on a hypothetical…
News Release
Senate Defeats Effort to Undo Reforms to 1977 Community Reinvestment Act
Senate Democrats tried unsuccessfully tonight to undo recent reforms made to the 1977 Community Reinvestment Act. CEI financial policy expert Matthew Adams explains why the…
News Release
CFPB Offers Relief on Small Dollar Loans
Today, the Consumer Financial Protection Bureau (CFPB) released its long-awaited final rewrite of the payday lending rule, formally titled the Payday, Vehicle Title, and Certain…
News Release
Rather than reversing new fair-lending rules, Congress should instead completely repeal the Community Reinvestment Act
Today, House Democrats plan to use the Congressional Review Act to overturn recent actions taken by the Office of the Comptroller of the Currency (OCC)…
News Release
CEI Opposes the Protecting Your Credit Score Act
The House of Representatives today is considering H.R. 5332, the Protecting Your Credit Score Act, a bill that would require credit bureaus to jointly create…
News Release
Congress Should Reject Scheme to Use COVID-19 Stimulus to Impose Interest Rate Cap
Special interest groups are pressuring Congress to use the Coronavirus Stimulus Phase III bill as a vehicle for imposing a nationwide interest rate cap on…
News Release
CEI Board Member Todd Zywicki to Head CFPB Task Force on Consumer Financial Law
The Consumer Financial Protection Bureau (CFPB) today announced that Competitive Enterprise Institute (CEI) board member and George Mason University Foundation Professor of Law Todd Zywicki…
News Release
House Bill Aims to Free Legalized Marijuana Businesses’ Access to Credit, Banking
Competitive Enterprise Institute Policy Analyst Matthew Adams praised today’s passage of the Secure and Fair Enforcement Banking Act (SAFE Banking Act, H.R. 1595.) The SAFE…