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Amid Hurricane Power Outages, Biden Administration Waives Senseless Jones Act Shipping Restrictions: CEI Statement
Competitive Enterprise Institute Senior Fellow Ryan Young praised the Biden administration for temporarily waiving shipping restrictions imposed by the 1920s era Jones Act. “The…
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CEI Welcomes Decision to Remove Manchin-Schumer Permitting Bill from the Continuing Resolution
The United States Senate voted to advance a continuing resolution without a permitting bill championed by Senator Joe Manchin (D-WV). After the text of the…
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Comprehensive Permitting Reform is Vital to Unleashing America’s Energy Abundance
WASHINGTON—The Biden administration and many environmental activists insist the United States and the rest of the world must transition to non-fossil fuel energy sources by…
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Negatives Outweigh the Positives in Manchin-Schumer Permitting Bill
Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) released the text of a bill proposing minor changes to the federal permitting…
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CEI Supports Sullivan-Lee Amendment to Eliminate Unfair Advantages Given to China in Kigali Treaty
The Competitive Enterprise Institute strongly supports the Sullivan/Lee Amendment that would eliminate the unfair advantages given to China under the Kigali Amendment, but still opposes…
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Court Rules Against Vaccine/Mask Mandates Imposed by Federal Agency
Today, a federal judge in Louisiana ruled the federal government cannot require Head Start program teachers, staff and volunteers be vaccinated against COVID-19 nor that…
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National AI Strategy Needs Key Updates to Strengthen U.S. Position as Global Leader
WASHINGTON—The United States should make key revisions to its national Artificial Intelligence (AI) research and development strategy in order to stay ahead of competitors, according…
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NLRB Democrats Unveil New Rule Expanding Joint Employer Liability…Again
Democrats on the National Labor Relations Board have put forward a new rule expanding “joint employer” liability for businesses nationwide. CEI labor policy expert…
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CEI Experts React to August Jobs Numbers
The Labor Department’s Bureau of Labor Statistics reported 315,000 new jobs in the month of August, slightly below market expectations. The unemployment rate rose to…
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Judge Rules Illumina-Grail Merger is Legal Despite FTC Antitrust Accusations
In a decision reached today, an administrative judge ruled that a proposed merger between Illumnia and Grail can proceed after ruling against a move…
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Regulations Impede Innovation in Financial Services; Regulatory Sandboxes Are the Solution: CEI Report
A new Competitive Enterprise Institute report discusses the regulatory barriers financial services companies face in trying to bring innovative products and services to consumers…
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U.S. Economy Adds 528k Jobs In July Amid Inflation and Shrinking GDP, but Congress isn’t Helping: CEI Analysis
The U.S. economy added 528,000 in July, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today.
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Senate Votes on Sensible Reforms to Fix Broken Environmental Permitting System
In a vote that brings big implications for energy, mining, and infrastructure, the Senate voted today for reforms that would make improvements in the nation’s…
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GDP Woes Worsened by Lawmakers’ ‘Ready, Fire!, Aim” Spending Spree
Gross domestic product fell by 0.2 percent in the second quarter, according to the U.S. Commerce Department. Already there was a 0.4 percent decline in…
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Manchin/Schumer Deal on Health Care, Energy Spending is Bad News for Inflation, Taxpayers
Senate Majority Leader Chuck Schumer and Senator Joe Manchin reportedly announced a surprise deal on July 27 that resuscitates Democrats’ big government spending ambitions on…
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CEI Report: Stablecoin Benefits Threatened by Lawmakers, Regulators
Stablecoins can revolutionize payment systems, provide a stable store of value for people living under totalitarian or corrupt regimes, and lower transaction costs (particularly for…
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Statement by CEI Senior Fellow Ryan Young on the Fed’s Interest Rate Hike
The Federal Reserve today announced a 0.75 percentage point increase in the federal funds rate. It is the fourth such increase this year, and part…
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Senate-Passed Corporate Welfare “CHIPS” Bill Won’t Help U.S. Companies Out-Compete China
The Senate today passed the CHIPS+ Act, a bill that would hand over tens of billions of tax dollars to domestic production of semiconductors. CEI…
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Declaring National Climate Emergency Would Be an Abuse of Power and Further Raise Energy Prices
WASHINGTON—Recent reports suggest President Biden is considering declaring a “national climate emergency” citing authority under the Defense Production Act to impose energy policy in…
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Remembering Pat Michaels (1950-2022)
The Competitive Enterprise Institute and the entire policy community lost a friend and colleague last week. We mourn the death of Dr. Patrick J. Michaels…
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House Republican-Led Investigation into TikTok Data Practices Highlights Concerns with Blurred Lines Between Private Entities and Government
WASHINGTON—Two senior House Republicans announced a national security-focused investigation into TikTok today. Rep. James Comer (R-KY), ranking member of the House Oversight and Reform…
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Congress Has Bad Ideas on Tech Regulation: CEI Report
Congress has some bad ideas on regulating Big Tech, and a new Competitive Enterprise Institute report breaks it all down. “Lawmakers say they are concerned…
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CEI Amicus Brief Supports States Challenging Biden Administration Appliance Efficiency Standards
WASHINGTON—The Competitive Enterprise Institute (CEI) filed an amicus brief with the Fifth Circuit Court of Appeals last week, supporting Louisiana and a group…
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U.S. Economy Adds 372,000 Jobs in June – Good News for Recession Worries
The U.S. economy added 372,000 jobs in June 2022, according to a new tally released today by the government. Meanwhile, the unemployment rate held steady…
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CEI Experts React to Supreme Court’s West Virginia v EPA Decision
WASHINGTON—In deciding West Virginia v. EPA today, the Supreme Court held that Congress never authorized the Environmental Protection Agency to regulate carbon emissions from…
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CEI Report: Reforms to Universal Service Fund Will Allow the FCC to Cut Taxpayer Costs and Improve Broadband Affordability for Underserved Americans
WASHINGTON—Congress and the Federal Communications Commission (FCC) have an opportunity to both improve broadband connectivity and reduce costs to taxpayers by making some commonsense reforms…
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FDA Juul Ban Bad for Public Health: CEI Comment
The Food and Drug Administration is on the verge of ordering Juul Labs Inc. to remove its e-cigarettes from the U.S. market, according to a…
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CEI Report Proposes Legislation to Stop Future Congresses from Exploiting National Crises to Grow Government
WASHINGTON—The United States has been rocked by three major economic crises so far in the 21st century—the 9/11 terror attacks, the 2008 financial crash, and…
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Ninth Circuit Ruling Against Washington State Couple Opens Door to Wealth Taxes
WASHINGTON—A three-judge panel of the Ninth Circuit today ruled against Charles and Kathleen Moore’s constitutional challenge to President Trump’s Mandatory Repatriation Tax. The panel dismissed…
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Bipartisan Cryptocurrency Bill Takes Good Steps for American Innovation
Today, Senators Lummis and Gillibrand released their much anticipated bill on cryptocurrency regulation. CEI financial policy expert John Berlau praised aspects of the bill…
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Latest Employment Report Shows COVID Effects Lingering, Inflation Taking Toll
WASHINGTON—The Department of Labor reported today a gain of 390,000 jobs last month and that the unemployment rate remained at 3.6 percent, as did…
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SEC Climate Disclosure Mandate Exceeds Agency’s Statutory Authority, Raises Constitutional Concerns
WASHINGTON—The Securities and Exchange Commission’s (SEC) plan to mandate companies disclose energy use and planning for climate change-related financial risks lacks authorization from Congress, infringes…
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EU Digital Markets Act Threatens Consumer Access to Online Services, Products
A new Competitive Enterprise Institute report examines a European Union proposal to impose restrictions on technology companies, like stopping companies from preferencing house-brand products…
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Biden Cancels Oil Lease Auctions
With gas prices way up, the Biden administration has just canceled significant oil and gas lease sales pending before the Department of the Interior. CEI…
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Inflation Still 4x Higher than Target Rate, New Government Numbers Show
The inflation rate isn’t much changed from last month’s high figure, 8.3 percent compared to 8.5 percent, new government data shows. CEI Senior Fellow Ryan…
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April 2022 Job Gains Demonstrate Government Intervention Not Necessary
Today the federal government reported that the U.S. economy gained 428,000 jobs last month (similar to the number added in March). Those gains demonstrate that…
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CEI and Allied Free Market Groups Send Letter to Senate Urging “No” Vote on Treaty Restricting Refrigerants
The Competitive Enterprise Institute (CEI) and nineteen allied groups and individuals sent a letter to the Senate urging a “no” vote on the…
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Competitive Enterprise Institute Announces Speakers for Julian L. Simon Memorial Award Dinner
The Competitive Enterprise Institute is pleased to announce its complete speaker line up for the annual Julian L. Simon Memorial Award Dinner on Thursday,…
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Court Rules VA Attorney General Must Turn Over Emails Related to “Law Enforcement for Rent” Scheme
A Circuit Court in Richmond, VA on Tuesday ordered the Office of the Attorney General (OAG) of Virginia to conduct a proper search for…
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Report: Government Seizes Billions in Private Property, but Citizens Have Little Recourse
Every year, federal, state, and local government agents take and permanently keep, collectively, billions of dollars of Americans’ property through a practice called civil forfeiture,…
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Final NEPA Rule Will Encourage Anti-Development Lawsuits Against Fossil Fuel Projects
The White House today released its final rule updating the National Environmental Policy Act (NEPA), the law governing permitting and environmental review for new federal…
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Judge Rejects CDC’s Unfounded Mask Mandate for Travel
U.S. District Court Judge Mizelle today vacated the Centers for Disease Control (CDC) mask mandate for public transit, such as airports, train stations, airplanes,…
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New IPCC Report Deals in Politically-Convenient Fictions Rather than Fact-Based Reality
WASHINGTON—The United Nation’s Intergovernmental Panel on Climate Change (IPCC) today released the findings of its third working group, focused on mitigation and adaptation to…
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House Votes to Decriminalize Marijuana – an Important First Step
The House on Friday passed legislation to decriminalize marijuana at the federal level. The Marijuana Opportunity Reinvestment and Expungement (or MORE) Act…
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New Job Gains for March 2022 Shows Businesses Open with Jobs to Offer: CEI Analysis
The federal Bureau of Labor Statistics announced today that the U.S. economy added over 400,000 jobs in the month of March – good news…
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Biden Budget ‘Billionaire Tax’ Constitutionally Troubling
The newly released details of the White House budget for fiscal year 2023 marks a failure in spending restraint and regulatory accountability, say CEI experts.
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SEC Climate Disclosure Rule Will Cause Big Problems, CEI Experts Predict
Today the Securities and Exchange Commission described a new rule it plans to impose concerning climate disclosure requirements that may affect even private companies as…
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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…
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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…
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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…
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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…
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CEI Experts Weigh In on Reconciliation Framework Agreed to by White House and Congressional Democrats
WASHINGTON – The White House and congressional democrats announced agreement on a “framework” for a reconciliation bill that will spend nearly $2 trillion and includes…
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Supreme Court Will Review EPA Over-Reach on Energy Rule
The Supreme Court today has agreed to review the D.C. Circuit Court of Appeal’s rejection of the Trump administration’s repeal of the Clean Power Plan…
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U.S. Economic Growth is Slow, Bouncing Back, but Government Big Spending Remains a Threat
The U.S. economy grew at a 2 percent annualized rate in the third quarter of 2021, the slowest increase since the close of the 2020…