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In Order to Counter Inflation, Federal Reserve Should End Bond Buying Spree
The Federal Reserve announced today it would raise benchmark interest rates by a quarter percentage point with the aim of counteracting the effects of…
News Release
After Bloom Raskin Withdrawal, Biden Should Nominate Someone Focused on Financial Stability, Monetary Policy
President Biden’s nominee to be Federal Reserve Vice Chair for Supervision Sarah Bloom Raskin withdrew her nomination from consideration today, after it became clear that…
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Mandating Reciprocal Switching Would Trample Property Rights and Raise Costs for Consumers
The Surface Transportation Board will hold a hearing on March 15 and 16 to consider a proposal to mandate reciprocal switching for freight railroads.
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CEI Statement: Biden Executive Order to Target Crypto for Regulation
The White House is set to release an executive order today regulating cryptocurrency. CEI Senior Fellow John Berlau expressed concerns about the order and the…
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Biden Admin’s Reinstatement of California’s Power to Rig Auto Markets Deserves to Lose in Court
The Biden Administration announced today it will reinstate the waiver that allows California to set its own fuel economy standards. CEI experts argue it faces…
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Unless Biden Admin Reverses its Anti-Energy Policies, Russian Oil Imports Ban Will Hurt American Consumers
The Biden administration announced a ban on oil imports from Russia, in response to the invasion of Ukraine. CEI experts reacted to the decision. Director…
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U.S. Economy Adds 678,000 Jobs in February, but Inflation, Russia, Government Mandates Remain a Problem
The U.S. economy added 678,000 jobs in February, according to newly released government figures. CEI economic and labor policy experts praised the good news…
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Regulating Social Media Companies as Common Carriers Would Undermine User Experience Online
The Competitive Enterprise Institute (CEI) published a new paper today making the case against regulating social media platforms as common carriers. In…
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CEI Experts React to President Biden’s State of the Union Address
President Joe Biden delivered his first State of the Union address before a joint session of Congress tonight. CEI policy experts weighed in on his…
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CEI Files Court Petition Challenging EPA Vehicle Emissions Rule
The Competitive Enterprise Institute (CEI) today filed a petition for review with the D.C. Circuit Court of Appeals on behalf of itself, four…
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CEI Requests EPA Reconsider Vehicle Emissions Rule After Federal Court Rules Social Cost of Carbon Likely Unlawful
WASHINGTON – The Competitive Enterprise Institute (CEI) sent a formal request on behalf of itself and four individuals to Environmental Protection Agency (EPA)…
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Court Stops Biden Admin from Transformative Expansion in Regulatory Authority
A federal court blocked the Biden Administration from implementing “social cost of carbon” regulations today. CEI experts reacted to the decision. Senior fellow…
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Inflation Rise Should Trigger Response by Fed, Congress, President
Inflation is on the rise again, hitting the highest mark in 40 years, according to government figures. CEI Senior Fellow Ryan Young says the Fed,…
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Senators Should Oppose Sohn Nomination to FCC
The Senate Commerce Committee is holding a hearing today on the nomination of Gigi Sohn to be a commissioner at the Federal Communications Commission. Research…
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New CEI Paper Outlines Key Reforms to Aim State Antitrust Efforts Toward Consumer Welfare
In his 1978 book The Antitrust Paradox, Judge Robert Bork argued that the only benefit of antitrust law was to improve “consumer welfare.” Rarely has…
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CEI Welcomes Communications Expert to Center for Advancing Capitalism
The Competitive Enterprise Institute is pleased to welcome writer, communications expert, and political scientist Joshua Bandoch as a Research Fellow in its Center for…
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U.S. Economy Added 467,000 Jobs in January 2022, Signaling No Need for Govt Meddling
The good news jobs gain in January gives President Biden and Congress ample reason to step back and let businesses and workers chart a…
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House Democrats’ China Bill Would Make the U.S Less Competitive and Harm Consumers
The House of Representatives is considering the America COMPETES Act this week, a bill described by sponsors as a “China competition bill.” The wide-ranging legislation…
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A Government Central Bank Digital Currency Would Pose Big Risk to Financial Sector, Economy
The U.S. should not approve a central bank digital currency (CBDC), a new Competitive Enterprise Institute report argues. “CBDCs could hand the federal government…
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CEI Joins AEA in Opposing Sarah Bloom Raskin’s Nomination to Federal Reserve
The Competitive Enterprise Institute (CEI) signed onto a letter by the American Energy Alliance (AEA) opposing the White House’s nomination of Sarah Bloom…
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Federal Reserve Signals Interest Rate Hike to Fight Inflation: CEI Statement
The Federal Reserve today signaled an interest rate hike is coming in March to combat inflation. CEI Senior Fellow Ryan Young believes the Fed…
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President Biden to Discuss Tax Breaks for Wealthy Americans with Car Manufacturers
President Joe Biden plans to meet with the CEOs of General Motors and Ford to discuss proposals to subsidize electric vehicle purchases that were included…
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Fed Plans for Central Bank Digital Currency Pose Big Risk to Financial Sector, Economy
The US Federal Reserve today published a discussion paper on central bank digital currencies or CBDCs, signaling policymakers’ ambitions to start one. CEI expert Paul Jossey, author of…
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Senate Antitrust Bill Would Deny Consumers Popular Services from Large Tech Platforms
WASHINGTON – The Senate Judiciary Committee is scheduled to mark up The American Innovation and Choice Online Act (S. 2992) today, a bill…
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Constitutional Challenge to Trump Tax Repatriation Law to be Argued Tomorrow in Ninth Circuit
On Friday, January 14, the U.S. Ninth Circuit Court of Appeals will hear a constitutional challenge to a provision in the 2017 federal tax reform…
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Supreme Court Blocks Biden Vaccine Mandate, Cites CEI-Related Case on Separation of Powers
The U.S. Supreme Court today blocked the Biden administration’s controversial test-or-vaccine mandate to be imposed on countless employers nationwide – and cited to a 2010…
News Release
Anti-Plastics Bill Could Eliminate Jobs, Raise Prices on Consumers and Create Shortages of Critical Products
The Competitive Enterprise Institute (CEI) released a new paper today, arguing the Break Free from Plastic Pollution Act (S. 984, H.R. 2238), co-sponsored…
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Biden Energy Department Blocks Faster Dishwashers That Consumers Want
The Biden administration today undid a useful, consumer-friendly reform put in place by Biden’s predecessor, reinstating energy restrictions that make household dishwashers take much longer…
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Inflation Hits 40 Year High, but Policymakers Can Fix It
Inflation is up, again, the Bureau of Labor Statistics reports today. The Federal Reserve has a clear job to do, but Congress and President…
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Revived FTC Antitrust Suit Against Facebook Could Put Chill on Innovative Acquisitions in Tech Industry
WASHINGTON – A federal judge today reversed an earlier decision and permitted a case filed against Facebook by the Federal Trade Commission (FTC) to…
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December’s Disappointing Job Numbers Show Government Should Loosen Restrictions on Economy
On Friday, the Biden Administration released the jobs report for December 2021, showing the U.S. economy added 199,000 jobs. The number was far short of…
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Consumer Spending Growth Slows: COVID, Inflation, Supply Networks Are Factors: CEI Statement
On news today that inflation rose again in November, CEI Senior Fellow Ryan Young urged policymakers to do their part by spending less: “Consumer spending grew…
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Biden EPA Fuel Standard Will Impose All-Pain, No-Gain Policies on Consumers
The Biden administration today announced a final rule raising fuel economy standards for cars and small trucks, reversing a more sensible Trump-era rule. The new…
News Release
New Biden Admin Rule Unnecessarily Tells Americans How Much Water They Can Use in the Shower
The Biden Administration today announced a finalized rule restricting the amount of water showerheads with multiple nozzles can use. The final rule reverts back…
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CEI Commends Governor-elect Glenn Youngkin for Promise To Withdraw Virginia from Regional Greenhouse Gas Initiative
WASHINGTON – This week, Governor-elect Glenn Youngkin announced his intention to withdraw the Commonwealth of Virginia from the Regional Greenhouse Gas Initiative (RGGI), a…
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Biden Bank Regulator Nominee Withdraws Due to Bipartisan Opposition
President Biden’s pick for Comptroller of the Currency withdrew today after critics, including the Competitive Enterprise Institute, exposed her many statements sympathetic to communism. CEI…
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Disappointing Job Gains for November 2021 Speak to Government Barriers to Economic Recovery
The U.S. economy added 210,000 jobs in November, far short of what economists expected. CEI experts say government mandates and restrictions remain a big part…
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A Carbon Tax Would Raise Prices, Harm Economy and Spur Political Backlash
The Competitive Enterprise Institute (CEI) published a new paper today arguing a carbon tax is unnecessary, harmful to economic growth and consumers, and…
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Thankful for Good Economic News on Jobs, Consumer Spending: More to Do
During Thanksgiving week, jobless claims dipped to 199,000, their lowest level in 52 years, when the country’s population was less than two thirds of…
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Fed Chairman Powell Should Prioritize Getting Inflation Under Control
President Biden has re-nominated Jerome Powell to head the Federal Reserve, and CEI Senior Fellow Ryan Young expressed hope that Powell will make the politically…
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Senators Should Reject Comptroller of Currency Nominee Saule Omarova
WASHINGTON – In a hearing today, Senators on the Banking Committee will consider the nomination of Saule Omarova to be Comptroller of the Currency. …
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President Biden Signs Problematic Crypto Provisions into Law
WASHINGTON – President Joe Biden signed the bipartisan infrastructure bill into law today, including more than one trillion dollars in government spending. In addition to…
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Inflation Hits High Mark with Consumer Price Climb in October 2021, but Policymakers Can Take Steps to Help: CEI Statement
Bad news for consumers – prices rose 0.9 percent in October and to a 30-year high, according to data released today by the Labor…
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CEI Attacks FDA Salt Guidelines for Failure to Undergo Peer Review, Charges Violation of Federal Information Quality Act
The Competitive Enterprise Institute today formally requested the U.S. Department of Health and Human Services to peer review nutrition guidelines on sodium in…
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Court Blocks Enforcement of Biden/OSHA Vaccine Mandate Citing Serious Flaws
Statement by Devin Watkins, CEI attorney: “The Fifth Circuit’s decision to temporarily block enforcement of the OSHA vaccine mandate on Saturday is a win…
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US Economy Added 531,000 Jobs in October, but Biden Vaccine Mandate, Govt Spending Pose Real Threat
The American economy added 531,000 jobs in October, according to the U.S. Labor Department. CEI experts pointed to Covid declines but also warned that…
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OSHA Vaccine Mandate — Trouble for Employers, Rough Time in Courts
The Biden administration today published its much-anticipated vaccine mandate for businesses that employ 100 or more people. This “emergency temporary standard” by the Occupational…
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Ill-Advised Nicotine Tax Thrown Back into Democrats’ “Build Back Better” Bill
Upon news that congressional Democrats today put a nicotine tax provision back into President Biden’s ever-changing “Build Back Better” plan (ostensibly aimed at COVID-19 relief,…
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Biden Methane Rule would Cause Decline in U.S. Energy Jobs and Higher Prices at the Gas Pump
This week, the Biden Administration announced proposed rules on methane emissions, targeting energy exploration and production in the oil and gas industry. Timed to…
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New CEI Paper Highlights Facts about Plastics in the Ocean an Offers Workable Solutions to the Problem
WASHINGTON – In a new paper released today, Competitive Enterprise Institute (CEI) senior fellow Angela Logomasini, PhD argues legislation pending before Congress…