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Report: Return to Depression-Era Banking Law would Shatter Main Street Banks, Shrink Competition
A new report released today by the Competitive Enterprise Institute warns against efforts by Democrats and Republicans to resurrect the Glass-Steagall Act of 1933, a…
News Release
CEI Criticizes New CFPB Ban on Consumer Arbitration Clauses
The Competitive Enterprise Institute today criticized a new rule from the Consumer Financial Protection Bureau (CFPB) banning financial industry companies from using mandatory arbitration clauses to…
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House-Passed Financial CHOICE Act Will Help Middle Class Investors, Consumers
Today, the House passed a plan aimed at scaling back some of the most harmful provisions of the 2010 Dodd-Frank financial reform law. CEI senior…
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Trump Labor Department Gives Fiduciary Rule Go-Ahead, Despite Harmful Impact on Savers and Investors
Today, Labor Secretary Alexander Acosta announced his agency will proceed with the controversial fiduciary rule. CEI senior fellow John Berlau warns that the coming restrictions…
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Berlau Criticizes Government Confiscation of Fannie/Freddie Shareholder Profits
Federal Housing Finance Agency Director Mel Watt is set to testify before the Senate Banking Committee today about government-backed mortgage buyers Fannie Mae and Freddie…
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CEI’s John Berlau Warns Trump Against Return to Glass-Steagall Banking Restrictions
President Trump said on Monday in a Bloomberg News interview that he was considering breaking up America’s biggest banks. “I’m looking at that right now,”…