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253,000 Jobs Added in April 2023, but Labor Force Participation Lags
The U.S. economy added 253,000 jobs in April, according to the U.S. Bureau of Labor Statistics, but the labor force participation rate remains troubling,…
News Release
EARN IT Act Would Have Dangerous Unintended Consequences for Consumers
The Senate Judiciary Committee is meeting today for a markup for S. 1207, the EARN IT Act of 2023. Director of CEI’s Center for…
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Fed Rate Increase the Right Move for Economy, Credibility
As expected, the Federal Reserve raised the federal funds rate by a quarter percentage point. CEI senior economist Ryan Young supports the move:…
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New York Law Banning Natural Gas in New Construction Is Bad Environmental Policy, Will Increase Costs for Residents
New York passed a new law banning natural gas and other fossil fuels in most new buildings today, the first state in the nation…
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Report: Civil Forfeiture Policy Unjustly Deprives People of Property
An updated Competitive Enterprise Institute report calls attention to five myths used to justify the unjust law enforcement practice known as civil asset forfeiture.
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CEI to Recognize Work on Abundance at Elvis-themed Julian L. Simon Memorial Dinner in September 2023
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Congress Must Examine First Republic’s Woke Financing and Risk Management Regulation
Regulators today seized the failed First Republic bank and sold its operations to JPMorgan Chase. CEI financial policy expert John Berlau reiterated the need for…
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Supreme Court to Hear Lawsuit Challenging Unfair ‘Chevron Doctrine’
The Supreme Court today agreed to hear a lawsuit challenging the Chevron doctrine, a policy requiring courts to defer to regulatory agencies in lawsuits…
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US Economy Grew 1.1 Percent First Quarter 2023 – Could Be Worse: CEI Analysis
The U.S. economy grew 1.1 percent in the first quarter of 2023, according to the Bureau of Economic Statistics. It may seem underwhelming, but…
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Senate Bill Upends Parental Right to Decide on Social Media Permissions for Children
New legislation put forward by U.S. Senators Brian Schatz (D-Hawaii), Tom Cotton (R-Ark.), Chris Murphy (D-Conn.), and Katie Britt (R-Ala.) today would establish a…
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UK Competition and Markets Authority Anti-Merger Ruling Undermines Consumer Interests
The UK’s Competition and Markets Authority (CMA) is blocking Microsoft’s $69 billion acquisition of video game developer Activision Blizzard out of fear the deal…
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Court Ruling for Apple in Antitrust Case Underscores Marketplace is Succeeding
Today a Ninth Circuit Court of Appeals panel upheld a lower court finding that Apple App Store policies do not violate federal antitrust law. CEI…
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Biden EO on ‘Environmental Justice’ Poses Threat to all Americans
The Biden administration today announced a new executive order purporting to “further embed environmental justice into the work of federal agencies.” CEI regulatory and…
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House Republicans Helpfully Tie Government Reforms to Debit Limit Deal
House Republican leadership yesterday released the text of their debt limit deal which trades a suspension or increase in the debt limit for a number…
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Supreme Court Ruling Ensures People Can Challenge Agency Authority in Court
The Supreme Court ruled today that regulatory agency tribunals do not have any special expertise in deciding constitutional law questions; therefore, district courts can hear…
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CPI Slowed in March, More Tightening Necessary to Get Inflation Under Control
The U.S. Bureau of Labor Statistics released its Consumer Price Index Summary today, showing CPI increased by 0.1 percent in March 2023. CEI Senior Economist…
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Biden Administration Seeks to Severely Limit the Types of Cars Americans Can Buy
The Biden Administration announced it would propose a new rule aimed at restricting the amount of gas-powered cars and coercing consumers to buy electric vehicles…
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Jeremy Lott Returns to CEI as Managing Editor
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Ideologically Driven Attack on Tech Mergers and Acquisitions Threatens Innovations for Consumers and U.S. Position as Global Tech Leader
In a new Competitive Enterprise Institute (CEI) study, technology policy expert Jessica Melugin writes that concern about “killer acquisitions” – a market leader purchasing…
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Senators Should Oppose Biden Nominee Julie Su for Labor Secretary
Earlier this year, President Biden nominated Julie Su to serve as Secretary of Labor. Given Su’s track record as an aggressive enforcer and inept manager…
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Biden’s ‘Modernizing Regulatory Review’ Executive Order Will Undermine Review
President Biden yesterday issued an “Executive Order on Modernizing Regulatory Review,” by which “modernizing” apparently means undermining transparency and disclosure and pushing a radical…
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Biden Veto of Bipartisan Congressional Resolution to Withdraw WOTUS Rule Highlights Administration’s Environmental Extremism
President Joe Biden vetoed a bipartisan resolution passed by Congress under the Congressional Review Act (CRA) that would have rescinded EPA and the U.S.
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236,000 Jobs Added in March 2023
The U.S. economy added 236,000 jobs in March, according to the U.S. Bureau of Labor Statistics, suggesting good and bad future trends, say CEI…
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FTC Antitrust Overreach Threatens Health of Americans at Risk of Cancer Diagnosis
The Federal Trade Commission (FTC) today ordered Illumina to unwind its acquisition of Grail, a $7 billion deal that would add an early cancer…
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House Passes Energy Bill that Will Increase Domestic Energy Production and Lower Costs for Consumers
The U.S. House of Representatives passed H.R. 1 today, an extensive package of energy policies aimed at increasing domestic energy production, easing permitting delays for…
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Bipartisan Majority of U.S. Senate Rejects Biden Administration Overreach on Waters of the US Rule
The U.S. Senate passed a resolution under the Congressional Review Act rejecting the Biden Administration’s Waters of the United States (WOTUS) rule. The rule would…
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RESTRICT Act Threatens Americans’ First Amendment Rights
Debate in Congress over calls to ban Chinese social media platform TikTok has led to the introduction of the RESTRICT Act by Senator Mark Warner…
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CEI Publishes Collection of Kevin D. Williamson Writing on the Religious Character of the Environmental Movement
The Competitive Enterprise Institute (CEI) published a new monograph today by writer-in-residence Kevin D. Williamson, titled “Inside the Carbon Cult: Reports on…
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Biden Veto Means ESG Investment Rule Means Politicized Investing for Pensions
President Biden today vetoed a resolution passed by Congress that would have stopped a Labor Department rule on ESG investing. Specifically, the rule, “Prudence and…
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Senator Ron Johnson and 15 GOP Colleagues Introduce Guidance Out of Darkness Act in 118th Congress
Senator Ron Johnson (R-WI) introduced the Guidance Out of Darkness (GOOD) Act this week, a bill aimed at bringing transparency to agency guidance documents…
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CEI Economist: Inflation Remains High, Fed should Keep Raising Rates
The Consumer Price Index rose 0.4 percent in February, according to the U.S. Bureau of Labor Statistics. Amounting to an annual inflation rate of…
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Biden Administration Approves Oil Exploration Project in Alaska, but Larger Restrictions Promised Soon
According to reports, the Biden Administration is prepared to approve an oil exploration project in northern Alaska. The administration is said to be pairing…
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Congress Shouldn’t Compound Silicon Valley Bank Collapse with Bailouts and Bad Ideas
The Silicon Valley Bank collapse has spurred some terrible policymaking ideas in Congress, exacerbating bad decisions by the bank that has led to its collapse.
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Economy Adds 311,000 Jobs in February 2023 – Good News
The U.S. economy added 311,000 jobs in February, according to the U.S. Bureau of Labor Statistics, more than expected by experts. Competitive Enterprise Institute…
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Biden Budget Amounts to Top-Down Central Planning, Lacks Needed Reforms
President Biden today unveiled his latest budget submitted to Congress. CEI experts take a dim view of the agenda of excess spending and regulation…
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Daren Bakst Joins CEI as Deputy Director of the Center for Energy and Environment
The Competitive Enterprise Institute (CEI) announced today that Daren Bakst will join the organization as senior fellow and deputy director of the Center for…
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Biden Poised to Veto Financial Security for Millions of American Retirees
President Joe Biden is expected to veto a congressional resolution aimed at protecting pension funds from politically motivated investment managers. This puts the White House…
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Report: Right to Repair Laws Undermine Consumer Interests, Raise Security Concerns
Should consumers have the legal right to repair their own stuff? A new report from the Competitive Enterprise Institute discusses repair rights consumers have already…
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Supreme Court Rightly to Review CFPB Funding Constitutionality
The Supreme Court today announced it will review the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) funding, an unusual arrangement of unchecked funding from…
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New CEI Paper Warns Against Turning Back the Clock on Antitrust Merger Guidelines
The Competitive Enterprise Institute (CEI) published a new paper today reviewing the evolution of merger screening at federal antitrust agencies and warning against…
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Washington Couple Challenging Federal Shareholder Tax Petition Supreme Court to Take Up Their Case
Kathleen and Charles Moore, a Washington state couple challenging a 2017 tax on their shares in a foreign company, petitioned the Supreme Court today…
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New Video: Kathleen and Charles Moore on Why the Supreme Court Should Hear their Challenge to Tax on Unrealized Gains
“If you haven’t received any income, how can you be required to pay income taxes?” The question, asked by Charles Moore in a new…
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Economy Adds 517,000 Jobs in January: CEI Analysis
The U.S. economy added 517,000 jobs in January 2023, according to newly released government numbers. That’s higher than expected. CEI experts explain what it…
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CFPB Cap on Credit Card Late Fees = Price Controls that Raise Cost of Credit for Everyone
The Biden White House is touting a new proposed rule from the Consumer Financial Protection Bureau that would cap most credit card late fees…
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Latest Fed Interest Rate Increase Brings Us Closer to a Soft Landing: CEI Analysis
The Federal Reserve today announced an interest rate increase of a quarter percentage point, as expected. CEI Senior Economist Ryan Young says the series of…
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CEI Commends House for Passing H.R. 21, the Strategic Production Response Act
The House of Representatives passed H.R. 21, the Strategic Production Response Act today. The bill, sponsored by House Energy and Commerce Chair Cathy McMorris Rodgers…
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CEI TV Ad “Versus” to Run Sunday During NBC’s Meet the Press as Part of Eye on FTC Campaign
The Competitive Enterprise Institute (CEI) will run a 30 second television ad as part of its Eye on FTC campaign on Sunday,…
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Good News on Economic Growth: CEI Analysis
The U.S. Commerce Department’s Bureau of Economic Analysis released data today showing the economy grew 2.1 percent in 2022. CEI Senior Economist Ryan Young…
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CEI Leads Coalition in Support of H.R. 21, the Strategic Production Response Act
The Competitive Enterprise Institute (CEI), joined by 13 conservative and free market-oriented organizations, sent a letter to Congress in support of H.R. 21,…
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CEI Launches “Eye on FTC” Campaign to Raise Awareness of Agency Overreach and Lack of Transparency
WASHINGTON—The Competitive Enterprise Institute (CEI) launched a new “Eye on FTC” educational campaign today to raise awareness about overreach and a lack of…
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Why DOJ’s Antitrust Suit Against Google’s Digital Ad Business Misses the Mark
The Department of Justice (DOJ) filed a lawsuit against Google today, a division of parent company Alphabet, alleging the company has a monopoly over digital…
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Inflation Ticks Down in December – Fed Should Stay on Course, CEI Economist Urges
Good news – the annual inflation rate fell from 7.1 percent in November to 6.5 percent in December, according to the latest consumer price…
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House GOP Oversight of Alleged Collusion Between Government and Technology Companies More Productive than Anti-Tech Legislation
The new Republican House Majority will reportedly charge a new select committee with providing oversight of communications about content moderation decisions between technology companies…
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EPA’s Proposed Rule Further Restricting Particulate Matter Emissions Would Harm U.S. Economic Development
The Environmental Protection Agency (EPA) released a proposed rule today aimed at further restricting soot emissions from power plants, refineries and other industrial facilities.
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CEI Regulation Expert Wayne Crews Becomes “Fred L. Smith, Jr. Fellow in Regulatory Studies”
Longtime regulation policy expert Clyde Wayne Crews is now the inaugural “Fred L. Smith, Jr. Fellow in Regulatory Studies” at the Competitive Enterprise Institute,…
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Economy Added 223,000 Jobs in December – Some Good News and Bad
The U.S. economy added 223,000 jobs in December, according to government data, and the unemployment rate dipped down to 3.5 percent, where it was…
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White House Finally Releases “Unified Agenda” on Upcoming Regulations, Signaling a Rise in Big, Costly New Regulations
Today, at last, the White House released the fall 2022 Unified Agenda of Federal Regulatory and Deregulatory Actions, where federal regulators report on what they have planned for…
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Senate Passes $1.7 Trillion Spending Bill, No Help to Inflation Reduction
The Senate today voted to pass a $1.7 trillion omnibus package to fund the federal government through September next year. CEI Senior Economist Ryan…
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CEI Experts View Proposed FY 2023 Omnibus as Wasteful, Ineffective Big Government Progressivism
The Senate Appropriations Committee released the text of an omnibus appropriations bill for Fiscal Year 2023 early in the morning on Tuesday. CEI experts…
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CEI Releases Pro-Growth Regulatory Reform Agenda for the 118th Congress
Today the Competitive Enterprise Institute (CEI) offered a set of important policy reforms for the 118th Congress to consider when it convenes in…
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Fed Raises Rates Again to Slow Inflation
The Federal Reserve has been trying to slow inflation by raising interest rates, today issuing its smallest rate increase since June – raising the federal…
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November Inflation Less Bad Than Before, but the Fed Should Stay Focused on It
The latest consumer price index (CPI) released today by the Labor Department revealed that inflation, while still high, has been slowing as of November. That…
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Job Gains in November 2022 Amid Inflation, Economic Problems: CEI Analysis
The U.S. economy added 263,000 jobs in November while the unemployment rate held steady at 3.7 percent, according to the Labor Department. CEI experts break…
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Fed Should Do More to Fight Inflation with Interest Rate Increases
The Federal Reserve Chairman today confirmed that further interest rate increases are likely, maybe as soon as December. CEI economy expert Ryan Young says…
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House Premature on Rail Strike Intervention: CEI Analysis
The House today voted today on a resolution aimed at averting an impending strike by freight rail workers on December 9 – over a…
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Biden CFPB Asks Supreme Court to Review Ruling on Its Unconstitutionality
The Biden administration has moved to appeal an October court ruling against the Consumer Financial Protection Bureau (CFPB), a ruling that invalidated controversial restrictions on…
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FTX Crypto Problems Reveal SEC Shortcomings, As Well: CEI Analysis
The current collapse of cryptocurrency company FTX has exposed another festering problem with how the industry is being regulated, says CEI Senior Fellow John Berlau:…
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Biden Administration Proposes New Methane Rule that Will Harm Domestic Energy Production, Raise Prices
The Environmental Protection Agency announced a proposed rule today mandating reductions in methane from fossil fuel production. President Biden announced the proposed rule during a…
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CEI and Other Litigants File Brief Challenging Agency Authority to Regulate Emissions
The Competitive Enterprise Institute (CEI) and other litigants involved in Texas v. EPA recently filed an opening brief with the D.C. Circuit Court…
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US Economy Added Jobs in October, but Unemployment Remains High – Signs of Cooling
The U.S. added 261,000 jobs in October, while unemployment ticked up to 3.7 percent, according to data released today by the Labor Department. That’s more…
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Biden Wrong About “Junk Fees” in Sweeping Government Mandate
Today the Biden administration announced a new whole-of-government initiative against “junk fees” from airlines, banking, and other industries. But what he is calling junk fees aren’t…
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Report: Biden Upends Role of Federal Regulators to Seek Climate, Social Justice Policies
A new Competitive Enterprise Institute report documents how regulations imposed by the federal government on the private sector have radically shifted since President Biden…
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Union Risks Job Loss in Bid to Stop Kroger/Albertsons Merger, Warn CEI Antitrust Experts
Four local chapters of the United Food and Commercial Workers International representing some 100,000 workers are reportedly lobbying regulators and lawmakers to oppose the $25…
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Court Rules CFPB Funding Structure Unconstitutional: CEI Statements
A Fifth Circuit panel ruled Wednesday that the Consumer Financial Protection Bureau’s unusual funding structure is unconstitutional, in a lawsuit brought by a small-dollar (payday)…
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Kevin D. Williamson Joins CEI as Writer in Residence
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Kroger Merger with Albertsons Would Allow More Competitive Pressure on Other Market Leaders
Kroger announced a deal today to merge with Albertsons, which would combine the nations’ two largest chains of grocery stores into one company. The…
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Biden Labor Department Rule Makes “Employee” or “Freelancer” Even Harder to Determine
The Biden Labor Department today announced plans to use not a formal rulemaking but an interpretive rule to upend guidelines that help businesses determine whether…
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CEI Seeks Court Order on National Climate Task Force Records
The Competitive Enterprise Institute (CEI) sought a court order to preserve relevant documents and other materials from the White House’s National Climate Task…
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September Jobs Report Shows Signs of Business Recovery but Inflation Remains a Problem: CEI Analysis
The federal government today released its data on how many jobs the U.S. economy added during the month of September: 263,000. CEI experts offer analysis…
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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…