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House-passed SAFE Banking Act Would End Federal Threat to Banks Dealing with Legal Cannabis Businesses
The House has passed a bill allowing banks to do business with cannabis companies, the SAFE Banking Act. While Senate action on the bill…
News Release
Biden ‘Leaders Summit on Climate’ Change to Pursue Impossible Goals
On April 22 and 23, President Biden plans to convene an online Leaders Summit on Climate, live streamed for public viewing. CEI’s Myron Ebell criticized…
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Regulators Should Let Cryptocurrency Firms Follow in Coinbase Footsteps
The successful cryptocurrency exchange platform Coinbase is poised to go public on April 14 amid high anticipation. CEI Senior Fellow John Berlau urges federal…
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Hawley Antitrust Plan Would Limit Innovation and Harm Consumers
Senator Josh Hawley (R-MO) today touted a new proposal he calls a “trust busting plan” that calls for a new standard for antitrust intervention to…
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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…
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U.S. Economy Added 916k Jobs in March 2021, Further Proof Lifting Govt Restrictions Helps Recovery
The U.S. economy experienced gains in March, due to states reopening and vaccines rolling out. Sean Higgins, CEI research fellow, urged governments to continue…
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Supreme Court Decision Upholding Relaxed Media Ownership Rules a Win for Local News and Consumers
The United States Supreme Court today upheld a decision by the Federal Communications Commission (FCC) to relax media ownership rules, freeing up the industry…
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CEI Experts Say Biden “Infrastructure” Plan Will Harm Economy, Raise Taxes and Costs for Consumers
President Joe Biden’s proposed legislative package to increase taxes and spend trillions was released today by the White House. The wide-ranging bill included provisions on…
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CEI Appeals Case Against Retroactive Unapportioned Tax to Ninth Circuit
The opening appellate brief was filed yesterday in a constitutional challenge to the Mandated Repatriation Tax, part of the 2017 tax reform bill. The case,…
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CEI Commends Sen. Lankford for Introducing Pandemic Preparedness, Response, and Recovery Act
On Thursday, Senator James Lankford (R-OK) introduced the Pandemic Preparedness, Response, and Recovery Act. The bill would establish an independent commission to…
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FTC Nominee Khan’s Antitrust Views Will Have Negative Consequences for Consumers if Made Official Policy
Competitive Enterprise Institute experts reacted to today’s announcement the White House intends to nominate Lina Khan to be a Commissioner at the Federal Trade Commission,…
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Biden’s Pick for Labor Secretary Has Union-First History
The Senate is expected to soon confirm President Biden’s nominee to head the U.S. Department of Labor, Boston Mayor Marty Walsh. CEI labor policy expert…
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CEI Offers Reform Ideas to Congress Aimed at Fostering Resilience and Promoting Economic Renewal
Today the Competitive Enterprise Institute (CEI) offered a set of policy reform goals for the 117th Congress focused on economic stimulus and regulatory…
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CEI Experts: Courts Should Dismiss Antitrust Lawsuits against Facebook
Facebook today asked courts to dismiss antitrust lawsuits brought by the Federal Trade Commission and state attorneys general, an outcome supported by the Competitive Enterprise…
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Covid ‘Relief’ Bill Spends Billions on Items Unrelated to Crisis Recovery and Risks Inflation
The House of Representatives is expected to vote this week on final passage of the ‘American Rescue Plan Act,’ a $1.9 trillion proposal touted as…
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CEI Celebrates Fred L. Smith, Jr.’s 80th Birthday with Anthology of His Writing
Fred L. Smith, Jr. celebrated his 80th birthday just before the New Year, and his friends and colleagues at the Competitive Enterprise Institute…
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U.S. Economy Added 379,000 Jobs in Feb. 2021 – Small Progress, Further Steps Needed
Today the Labor Department released national unemployment figures for the month of February 2021, revealing not much has changed in a month. February’s unemployment rate…
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House Democrats’ Climate Bill Will Restrict Domestic Energy Sources and Raise Americans’ Utility Bills
House Energy and Commerce committee Democrats today introduced a new bill, the so-called CLEAN Future Act, aimed at restricting the use of reliable energy sources…
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Senate Should Question Biden SEC, CFPB Nominees About Needed Constraints on Regulators
Today, the Senate Banking Committee is considering President Biden’s nomination of both Gary Gensler to head the SEC and Rohit Chopra to head the CFPB.
News Release
Richard Morrison Statement on the Confirmation Hearing of Gary Gensler to Be SEC Chair
Senior Fellow Richard Morrison reacted to the confirmation hearing of Gary Gensler to be SEC Chair: “Chairman-designate Gensler’s prepared remarks for today’s confirmation hearing…
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CEI Files Amicus Brief in Thompson v. Marietta Education Association Appeal for Cert at Supreme Court
The Competitive Enterprise Institute (CEI) filed an amicus brief in support of a petition for cert at the Supreme Court in the case…
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Federal Minimum Wage Hike will Force Cuts Elsewhere
With the Democrat-controlled Congress aiming to imminently pass a plan to increase the federally-mandated minimum wage from $7.25 to $15 per hour nationwide as part…
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CEI Opposes Haaland Confirmation Based on House Record Hostile to Property Rights and Resource Development on Federal Lands
WASHINGTON, DC – President Biden’s nominee to be Secretary of the Interior Representative Deb Haaland (D-NM) answered questions before a Senate committee ahead of a…
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UK Court Ruling Against Uber Will Mean Fewer Drivers
The UK’s Supreme Court has ruled that Uber drivers must be treated as workers instead of self-employed, which could put Uber on the hook…
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House Hearing on Robinhood/GameStop Controversy Should Focus on Helping, Not Restricting Investors
On February 18 (tomorrow), the House Financial Services Committee will hold a hearing on the recent Robinhood-GameStop controversy. CEI Senior Fellow John Berlau cautioned…
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Grid Problems in Texas Won’t Be Solved by More Subsidies and Mandates for Wind and Solar
Freezing temperatures and strong storms led to widespread blackouts in Texas over the weekend, with more than 4 million Texans living without power. Director of…
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CEI Backs Sen. Johnson’s Call for President Biden to Re-Instate Transparency in Agency Guidance Executive Order
Senator Ron Johnson (R-WI) and 20 of his colleagues sent a letter to President Biden, requesting he reverse his decision to overturn Executive Order 13,891,…
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CEI Endorses POWER Act to Halt Biden Administration Bans on Energy and Mineral Leasing on Federal Lands
Senator Cynthia Lummis (R-WY) today introduced the Protecting Our Wealth of Energy Resources (POWER) Act, which, if enacted, would prohibit the Biden Administration from blocking…
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CEI Praises Biden Decision Suspending ‘Fair Access’ Banking Rule
President Biden’s Office of the Comptroller of the Currency today announced that it was halting publication of a final banking rule, pending review. The late…
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CEI and FreedomWorks Foundation Intervene to Protect Faster Dishwashers and Consumer Choice
The Competitive Enterprise Institute (CEI) and the FreedomWorks Foundation intervened today in lawsuits from eco-groups and their allies seeking to overturn a…
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CEI Paper Shows Antitrust Enthusiasts Misconstrue the Lessons from Past Cases
WASHINGTON, DC – Today’s advocates for a more expansive enforcement of antitrust laws – frequently referred to as devotees of “Hipster Antitrust” – often misleadingly…
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Senate Should Question Biden’s Choice to Head CFPB, Rohit Chopra, on Fair Process for Regulating Businesses
The Senate should question President-elect Biden’s nominee to head the Consumer Financial Protection Bureau out of concern that businesses get fair treatment in the regulatory…
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Federal Minimum Wage Hike to $15 an Hour Will Hurt Small Businesses, Lead to Lost Jobs
President-elect Joe Biden today announced a $1.9 trillion COVID-19 recovery plan that includes not only $1,400 stimulus checks to many Americans but a federal minimum…
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CEI Files Opening Brief in Case Seeking More Lenient CAFE standards
The Competitive Enterprise Institute (CEI) filed its opening brief in CEI v. NHTSA, contending the Department of Transportation (DOT) and the Environmental…
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New Bank Fair Access Rule Will Cause Costly State of Uncertainty, Red Tape
Today the Office of the Comptroller of the Currency, an independent bureau within the United States Department of the Treasury, finalized a new mandate…
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Biden’s SEC Pick Should Focus on Commission’s Core Mission, Not Political Causes: CEI Experts
President-elect Biden is reportedly set to select Gary Gensler to head the Securities and Exchange Commission. Gensler is a current MIT professor who previously served…
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December Job Losses in Leisure & Hospitality Eclipse Gains in Other Sectors – What Can Policymakers Do?
The Labor Department reported today the economy lost 140,000 jobs in December 2020. Gains in various sectors were eclipsed by 500,000 jobs lost in…
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Biden’s Labor Dept. Pick Will Likely Seek Union-First Policies
President-elect Joe Biden announced Boston Mayor Marty Walsh as his pick for Labor secretary. That signals a union-first approach to labor policy, predicts Sean…
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Statement from Kent Lassman, president and CEO at the Competitive Enterprise Institute
Shock and horror are natural responses to violent mobs. CEI condemns the lawlessness and violence in the nation’s capital. Every day CEI engages with people…
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CFPB Taskforce Offers Recommendations to Help Consumers, Fintech Firms
In response to a new report from the CFPB Taskforce on Federal Consumer Financial Law, CEI Senior Fellow John Berlau praised recommendations aimed at helping…
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EPA Administrator Wheeler Unveils Final Science Transparency Rule During CEI Forum
Environmental Protection Agency (EPA) Administrator Andrew Wheeler unveiled the agency’s final rule on strengthening transparency in pivotal science this morning during a policy…
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State AGs’ Lawsuit Against Energy Dept. Dishwasher Rule Will Soak Consumers
In response to a lawsuit filed by 15 state attorneys general and the City of New York against the Department of Energy’s (DOE) final…
News Release
New Law Banning Refrigerant Will Harm Consumers and Benefit Special Interests
WASHINGTON, DC – Congress intends to include ban a chemical commonly used in air-conditioners and refrigerators and extend billions in existing government spending toward unreliable…
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Third Antitrust Suit against Google since October based on Flawed Argument
A coalition of more than 30 states and territories today filed an antitrust lawsuit against Google, alleging the search engine has abused its power in…
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Texas Antitrust Case Against Google would Harm Consumers and Small Businesses
The State of Texas announced today it is filing an antitrust lawsuit against Google, alleging the company’s online advertising platform harms competition and allows…
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Energy Department Reforms #Neverneeded Regulations on Consumer Washers, Dryers, Showerheads
Today the U.S. Department of Energy issued a set of two new rules that, respectively, allow the sale of faster clothes washers and dryers…
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Senators Should Object to Manchin-Murkowski Costly Energy and Climate Restrictions
Senators Lisa Murkowski (R-AK) and Joe Manchin (D-WV) are pushing a plan to attach far-reaching energy and climate legislation to the government funding bill currently…
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New EU Tech Rules will Chill Innovation and Harm Consumers
The European Union today announced new rules it claims will change the way technology companies operate. The EU says the Digital Services Act and…
News Release
Final NEPA Rule Offers Measured Reforms to Benefit Stakeholders
In the decades since the original regulation was adopted, the National Environmental Policy Act (NEPA) process has become a thicket of red tape and litigation…
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CFPB Makes Needed Changes to Qualified Mortgage Rules
The Consumer Financial Protection Bureau today issued final rules related to qualified mortgage loans, which require lenders to determine at the onset that consumers…