News Release
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…
News Release
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…
News Release
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.
News Release
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…
News Release
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…
News Release
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…
News Release
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…
News Release
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…
News Release
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.
News Release
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…
News Release
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…
News Release
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…
News Release
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…
News Release
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…
News Release
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…
News Release
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…
News Release
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…
News Release
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…
News Release
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…